Common use of Builder's Risk Coverage Clause in Contracts

Builder's Risk Coverage. The Construction Manager shall take out and maintain during the life of this Agreement a "Builder's Risk Policy" completed value form as a cost of the Projects, issued to provide coverage on an "all risk" basis including theft. This coverage shall not be lapsed or cancelled because of partial occupancy by the Owner prior to final acceptance of a Project.

Appears in 1 contract

Samples: Agreement Between Owner and Construction

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Builder's Risk Coverage. The Construction Manager Owner shall take out and maintain during the life of this Agreement a "Builder's Risk Policy" completed value form as a cost of the ProjectsProject, issued to provide coverage coverages on an "all risk" basis including theft. This coverage shall not be lapsed or cancelled because remain in force regardless of partial occupancy by the Owner prior to final acceptance of a the Project.

Appears in 1 contract

Samples: Agreement Between Owner and Construction

Builder's Risk Coverage. The Construction Manager PROVIDER shall take out and maintain during the life of this Agreement a "Builder's Risk Policy" completed value form as a cost of the ProjectsProject, issued to provide coverage coverages on an "all risk" basis including theft. This coverage shall not be lapsed or cancelled because of partial occupancy by the Owner DEPARTMENT prior to final acceptance of a the Project.

Appears in 1 contract

Samples: Correctional Services Corp

Builder's Risk Coverage. The Construction Manager Unless provided by owner, the Contractor shall take out and maintain during the life of this Agreement a "Builder's Risk Policy" completed value form as a cost of the Projectsform, issued to provide coverage on an "all risk" basis including theft. This coverage shall not be lapsed or cancelled canceled because of partial occupancy by the Owner prior to final acceptance of a the Project.

Appears in 1 contract

Samples: Agreement for Contractor Services

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Builder's Risk Coverage. The Construction Manager Contractor shall take out and maintain during the life of this Agreement a "Builder's Risk Policy" completed value form as a cost of the ProjectsProject, issued to provide coverage coverages on an "all risk" basis including theft. This coverage shall not be lapsed or cancelled because of partial occupancy by the Owner prior to final acceptance of a the Project.

Appears in 1 contract

Samples: Construction Project Agreement

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