Common use of Course of Construction Clause in Contracts

Course of Construction. (Builders Risk) against “All Risks” of physical loss or damage including the peril of equipment breakdown, and will cover all materials, property, structures and equipment purchased for, entering into, or forming part of the Work whilst located anywhere within Canada and continental United States of America (excluding Alaska) during construction, erection, installation, testing and commissioning, but such coverage shall be subject to off-site storage and transit exposure sub-limits and shall not include coverage for the Construction Manager’s and Subcontractor’s equipment of any description. (1) TWENTY THOUSAND DOLLARS ($20,000) for each and every occurrence where the (2) FIFTY THOUSAND DOLLARS ($50,000) for each and every occurrence where the