Maintaining Insurance. If the Contractor or its Subcontractors, Sub-Subcontractors or Suppliers who install Products fail to place or maintain insurance as required under GC 11.1.1.2, the Owner shall have the right, but is not obligated, to place and maintain insurance as required. All premiums and other costs incurred by the Owner will be paid by the Contractor to the Owner on demand, or failing payment may be deducted by the Owner from any amount then or thereafter due to the Contractor.
Appears in 7 contracts
Samples: Guaranteed Price Contract, Guaranteed Price Contract, Guaranteed Price Contract
