Installation Floater. Required for the installation of machinery and/or equipment into an existing structure is required. The coverage shall be "All Risk" coverage including installation and transit for 100 percent of the "installed replacement cost value," covering City as a named insured, with a deductible of not more than Five Thousand Dollars ($5,000.00) each claim.
Appears in 2 contracts
Sources: Design Build Services Agreement, Design and Construction Agreement