Requirements during construction. Not later than the start of construction, and continuing through completion of construction of the Project, the Participating County, at its own cost and expense, shall secure and maintain or cause to be secured and maintained (i) fire, lightning and extended coverage insurance on the Project, which initially may be in the form of a builder’s risk policy providing coverage in an amount not less than the construction costs expended for the Project and, if no builder’s risk insurance is in effect, shall be in the form of a commercial property policy in an amount equal to one hundred percent (100%) of the then current replacement cost of the Project, excluding the replacement cost of the unimproved real property constituting the Site (except that such insurance may be subject to a deductible clause not to exceed [five hundred thousand dollars ($500,000) or two million five hundred thousand dollars ($2,500,000)] for any one loss), and (ii) earthquake insurance (if such insurance is available on the open market from reputable insurance companies at a reasonable cost) on any structure comprising part of the Project in an amount equal to the full insurable value of such structure or the amount of the attributable portion of the Interim Financing, whichever is less (except that such insurance may be subject to a deductible clause not to exceed [five hundred thousand dollars ($500,000) or two million five hundred thousand dollars ($2,500,000)] for any one loss). The extended coverage endorsement shall, as nearly as practicable, cover loss or damage by explosion, windstorm, riot, aircraft, vehicle damage, smoke, vandalism and malicious mischief and such other hazards as are normally covered by such endorsement. If such policy is expected to expire in accordance with its terms prior to execution of the Facility Sublease, the Participating County shall give written notice to the Agencies forty-five (45) days prior to the expected expiration date.
Requirements during construction. A. The Contractor is responsible for safety on the job including traffic control and trench or excavation safety in accordance with federal, state and local laws and regulations.
Requirements during construction. It is the Owner's responsibility to ensure that drainage at the specified Lot during and after construction will conform with all local, state and federal laws and that all water flow will be directed away from the subject dwelling as well as adjoining properties and toward acceptable drainage systems. Neither the ARC nor the Southbridge Homeowners Association are responsible for the grading or inspection of any lot. Landscape plans for the specified Lot must be submitted in a timely manner as detailed in the Guidelines. The ARC must approve all revisions to the approved plans, including but not limited to alterations or changes to the trim, siding, shingles, shutters, doors, windows, colors, driveways, walkways and landscaping. Upon discovery of a violation of any provision of the approved plans, the ARC, in its discretion, may issue a Stop Work Order. The Owner and Builder agree to cease construction upon receipt of a Stop Work Order until all violation(s) have been corrected to the satifaction of the ARC . Neither the Association nor the ARC nor anyone acting on behalf of either entity shall be liable for any expenses incurred by the Owner or the Builder due to the issuance of such a Stop Work Order under this Agreement.
Requirements during construction. Not later than the start of construction, and continuing through completion of construction of the Project, the Participating County, at its own cost and expense, shall secure and maintain or cause to be secured and maintained (i) fire, lightning and extended coverage insurance on the Project, which initially may be in the form of a builder’s risk policy providing coverage in an amount not less than the construction costs expended for the Project and, if no builder’s risk insurance is in effect, shall be in the form of a commercial property policy in an amount equal to one hundred percent (100%) of the then current replacement cost of the Project, excluding the replacement cost of the unimproved real property constituting the Site (except that such insurance may be subject to a deductible clause not to exceed five hundred thousand dollars ($500,000) for any one loss), and (ii) earthquake insurance (if such insurance is available on the open market from reputable insurance companies at a reasonable cost) on any structure comprising part of the Project in an amount equal to the full insurable value of such structure or the amount of the attributable portion of the Interim Financing, whichever is less (except that such insurance may be subject to a deductible clause not to exceed five hundred thousand dollars ($500,000) for any one loss). The extended coverage endorsement shall, as nearly as practicable, cover loss or damage by explosion, windstorm, riot, aircraft, vehicle damage, smoke, vandalism and malicious mischief and such other hazards as are normally covered by such endorsement. If such policy is expected to expire in accordance with its terms prior to execution of the Facility Sublease, the Participating County shall give written notice to the Agencies forty-five (45) days prior to the expected expiration date.
