College of William and Mary & VIMs HECO-7sup-Ins
Rev. 11/07
SUPPLEMENTAL GENERAL CONDITIONS
FORMAT & SAMPLES
FORMAT & SAMPLE FOR RENOVATION PROJECTS
NOTE: Use the following standard format and wording/language when preparing the project-specific document. [Sample and/or explanatory language is in italics and should be edited/replaced with project-specific information.]
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SUPPLEMENTAL GENERAL CONDITIONS
The College of William and Mary & VIMs General Conditions of the Construction Contract, HECO-7, are modified and supplemented as hereinafter described.
1. Section 12 - INSURANCE FOR OWNER AND CONTRACTOR
Delete Paragraphs (a), (b) and (c) as written and in its place add the following:
“(a) The requirements of this section of the General Conditions for "all-risk" builders risk insurance on the full value of the entire building are waived for this project. The Owner maintains insurance on the existing building (including fire, vandalism and extended coverage). However, the Contractor shall provide “all risk” builders risk insurance for the Work in an amount equal to one hundred percent (100%) of the Contract Price for the Work. The loss, if any, is to be made adjustable with and payable to the Owner, in accordance with its interests, as they may appear. The Owner, its officers, employees and its agents, shall be named as an additional insured in any policy of insurance issued. Written evidence of the insurance shall be filed with the Owner no later than thirty (30) days following the award of the Contract. In the event of cancellation of this insurance, not less than thirty (30) days prior written notice must be sent to the Owner. A copy of the policy of insurance shall be given to the Owner upon demand.
(b) Not used
(c) The Contractor is responsible for providing any desired coverage for Contractor's or Subcontractors' buildings, equipment, materials, tools or supplies that are on-site.
[No change to paragraph (d) as written in the General Conditions.]
SUPP-GC-1
SUPPL GC 2