aggregate limit of not less than $2,000,000 within any policy year, unless specified otherwise in the Contract Documents. The policy shall be maintained continuously from the commencement of the until two (2) years after Contract Substantial Performance of the Work. 11.1.4 Prior to commencement of the and upon the placement, Work, renewal, amendment or extension of all or any part of the insurance policies described in paragraph 11.1.3, the shall Contractor promptly provide the certificates of insurance and, if Owner requested by the true copies of the policies certified by an Owner, authorized representative of the insurers including all amending endorsements applicable to this If the fails to Contract. Contractor provide evidence that the insurance policies described in paragraph 11.1.3 have been purchased and maintained, the may Owner purchase and maintain such insurance policies and the cost thereof shall be paid by the to the on demand or the Contractor Owner may deduct the cost thereof from any amounts that are due Owner or may become due to the Contractor. 11.1.5 The shall not do, omit to do, or authorize or permit a Contractor of any tier and any of the consultants of Subcontractor Contractor’s any tier to do or omit to do, anything that would prejudice, or result in loss of coverage under, any policy of insurance required to be purchased or maintained by the the or any Owner, Contractor Subcontractor. 11.1.6 The waives all rights of recourse against the and Contractor Owner the in respect of loss or damage to the Consultant Contractor’s owned, leased or hired property. The shall also include Contractor a provision in its subcontracts that requires all to Subcontractors waive all rights of recourse against the and the in Owner Consultant respect of loss or damage to the owned, leased or hired property of the and of Contractor Subcontractors. 11.1.7 The shall be responsible for deductible amounts under Contractor the policies purchased or maintained by the and the Contractor Owner. 11.1.8 Each policy of insurance that is maintained by the shall Contractor provide that sixty (60) prior written notice must be given to days’ the before any policy is suspended, materially detrimentally Owner altered or cancelled. 11.1.9 Each policy of insurance that is maintained by the (other Contractor than automobile collision insurance, the equipment Contractor’s
aggregate limit of not less than $2,000,000 within any policy year, unless specified otherwise in the Contract Documents. The policy shall be maintained continuously from the commencement of the Contract until two (2) years after Substantial Performance of the Work. 11.1.4 Prior to commencement of the Work, and upon the placement, renewal, amendment or extension of all or any part of the insurance policies described in paragraph 11.1.3, the Contractor shall promptly provide the Owner certificates of insurance and, if requested by the Owner, true copies of the policies certified by an authorized representative of the insurers including all amending endorsements applicable to this Contract. If the Contractor fails to provide evidence that the insurance policies described in paragraph 11.1.3 have been purchased and maintained, the Owner may purchase and maintain such insurance policies and the cost thereof shall be paid by the Contractor to the Owner on demand or the Owner may deduct the cost thereof from any amounts that are due or may become due to the Contractor. 11.1.5 The Contractor shall not do, omit to do, or authorize or permit a Subcontractor of any tier and any of the Contractor’s consultants of any tier to do or omit to do, anything that would prejudice, or result in loss of coverage under, any policy of insurance required to be purchased or maintained by the Owner, the Contractor or any Subcontractor. 11.1.6 The Contractor waives all rights of recourse against the Owner and the Consultant in respect of loss or damage to the Contractor’s owned, leased or hired property. The Contractor shall also include a provision in its subcontracts that requires all Subcontractors to waive all rights of recourse against the Owner and the Consultant in respect of loss or damage to the owned, leased or hired property of the Contractor and of Subcontractors. 11.1.7 The Contractor shall be responsible for deductible amounts under the policies purchased or maintained by the Contractor and the Owner. 11.1.8 Each policy of insurance that is maintained by the Contractor shall provide that sixty (60) days’ prior written notice must be given to the Owner before any policy is suspended, materially detrimentally altered or cancelled. 11.1.9 Each policy of insurance that is maintained by the Contractor (other than automobile collision insurance, the Contractor’s equipment