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Bid Package 08 North Well Field - Garney Construction

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(1) General Aggregate $1,000,000<br />

(2) Each Occurrence (Bodily Injury and Property<br />

Damage)<br />

$1,000,000<br />

SC‐5.06 Make the following modifications to 5.06 Before Property Insurance<br />

A. Delete Paragraph 5.06 A. of the General Conditions in its entirety and insert the following<br />

in its place:<br />

“5.06 A. BIDDER shall purchase and maintain property insurance upon the work at the site<br />

on a replacement cost basis with a limit not less than 100% of the Work‐Put‐In‐Place’s (for<br />

the applicable <strong>Bid</strong> <strong>Package</strong>) replacement value thereof (subject to such deductible<br />

amounts as may be provided in these Supplementary Conditions or required by Laws and<br />

Regulations). This limit should include “soft cost,” or expenses relating to the construction<br />

project(s) over and above those costs which would have been incurred if there had been<br />

no loss. These soft costs should include, but not be limited to, interest, additional taxes,<br />

advertising/promotional expenses, additional commissions, loss of rents, architects or<br />

engineering fees. This insurance shall:<br />

1. include the interests of BIDDER, Owner, CMAR, Subcontractors, Engineer, Engineer's<br />

Consultants and any other persons or entities identified in paragraph 5.04 B.1 (SC‐18) of<br />

these Supplementary Conditions, each of whom shall have an insurable interest and shall<br />

be listed as an additional insured;<br />

2. be written on a Builder's Risk "all risk" or open peril or special causes of loss policy<br />

form that shall at least include insurance for physical loss and damage to the Work,<br />

temporary buildings, false work and Work in transit and shall insure against at least the<br />

following perils; fire lightning, extended coverage, theft, vandalism and malicious<br />

mischief, earthquake, collapse, debris removal, demolition occasioned by enforcement of<br />

Laws and Regulations, water damage, and such other causes of loss as may be specifically<br />

required by the Supplementary Conditions.<br />

3. include expenses incurred in the repair or replacement of any insured property<br />

(including but not limited to fees and charges of engineers and architects);<br />

4. cover materials and equipment in transit to the Project site, and materials that the<br />

BIDDER has taken possession of whether stored at the Project site, or<br />

5. allow for Partial Utilization of the Work by Owner;<br />

6. include testing and startup; and<br />

Supplementary Conditions (Revised per <strong>Garney</strong>)<br />

Colorado River Municipal Water District<br />

Ward County Water Supply Expansion Project - Pump Stations 00 73 00 - 11<br />

12/28/2011

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