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Item Units and Limitations Price per Unit($0.00)
<br /> Remediation in Phase 3 SF $9.00
<br /> ARTICLE 4 PAYMENTS
<br /> § 4.1 Based on Contractor's Applications for Payment certified by the Architect,the Owner shall pay the Contractor,
<br /> in accordance with Article 12,as follows:
<br /> (Insert below tiering for payments and provisions for withholding retainage, if any.)
<br /> Full Payment will be made only after receipt of all items listed on the purchase order.Partial Payments are not
<br /> normally made and will only be accepted after the approval of the purchasing supervisor.
<br /> § 4.2 Payments due and Unpaid under the Contract Documents shall bear interest from the date payment is due at the
<br /> rate below,or in the absence thereof,at the legal rate prevailing at the place of the Project.
<br /> (Insert rate of interest agreed upon, if any.)
<br /> 0%zero
<br /> ARTICLE 5 INSURANCE
<br /> § 5.1 The Contractor shall maintain the following types and limits of insurance until the expiration of the period for
<br /> correction of Work as set forth in Section 14.2,subject to the terms and conditions set forth in this Section 5.1:
<br /> § 5.1.1 Commercial General Liability insurance for the Project,written on an occurrence form,with policy limits of not less
<br /> than One million($ 1,000,000.00)each occurrence,Two Million(2,000,000.00)general aggregate,and Two
<br /> Million($2,000,000.00)aggregate for products-completed operations hazard.
<br /> § 5.1.2 Automobile Liability covering vehicles owned,and non-owned vehicles used,by the Contractor,with policy
<br /> limits of not less than One Million($ 1,000,000.00)per accident,for bodily injury,death of any person,and property
<br /> damage arising out of the ownership,maintenance,and use of those motor vehicles along with any other statutorily
<br /> required automobile coverage.
<br /> § 5.1.3 The Contractor may achieve the required limits and coverage for Commercial General Liability and
<br /> Automobile Liability through a combination of primary and excess or umbrella liability insurance,provided that such
<br /> primary and excess or umbrella insurance policies result in the same or greater coverage as those required under
<br /> Section 5.1.1 and 5.1.2,and in no event shall any excess or umbrella liability insurance provide narrower coverage
<br /> than the primary policy.The excess policy shall not require exhaustion of the underlying limits only through the actual
<br /> payment by the underlying insurers.
<br /> § 5.1.4 Workers'Compensation at statutory limits.
<br /> § 5.1.5 Employers' Liability with policy limits not less than Five Hundred Thousand($500,00.00)each accident,
<br /> Five Hundred Thousand($500,00.00)each employee,and Five Hundred Thousand($500,00.00)policy limit.
<br /> § 5.1.6 The Contractor shall provide builder's risk insurance to cover the total value of the entire Project on a
<br /> replacement cost basis.
<br /> § 5.1.7 Other Insurance Provided by the Contractor
<br /> (List below any other insurance coverage to be provided by the Contractor and any applicable limits.)
<br /> Coverage Limits
<br /> § 5.2 The Owner shall be responsible for purchasing and maintaining the Owner's usual liability insurance and shall
<br /> provide property insurance to cover the value of the Owner's property.The Contractor is entitled to receive an increase
<br /> in the Contract Sum equal to the insurance proceeds related to a loss for damage to the Work covered by the Owner's
<br /> property insurance.
<br /> AIA Document A10511-2017.Copyright©1993,2007 and 2017The American Institute of Architects.All rights reserved. e Amecicer.Ins5tu e of,rchi?cc`s'
<br /> Init. rh i,,_ pi �� o x,10'. ""'A C_ tr. �cc�,m+,r,.,"are r<r�t,.-r, 8r,.' ro be used ::,cut perm'ss"on.This document was produced by 4
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<br /> User Notes: (1851015736)
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