Common use of Utility Work Clause in Contracts

Utility Work. The Utility Work must be covered by the Performance and Payment Bonds. At the request of a Utility Owner having Utility Work performed by Design-Builder, Design-Builder shall add the Utility Owner as an additional obligee to the Performance and Payment Bonds (as their interests may appear), as well as to such replacement bond or other security (as their interests may appear), to the limited extent of the amount of the Utility Work required on behalf of the Utility Owner. Design- Builder shall provide a Performance and Payment Bond in their full amount on behalf of VPRA, with no riders that reduce VPRA’s potential of recovery based on the Utility Owner’s limited obligee amounts. Alternatively, Design-Builder may provide separate bonds satisfactory to the Utility Owners. Design-Builder shall provide all information necessary for such coverage to the surety(ies) providing such bonds. Design-Builder shall include the cost of bond premiums in all cost estimates Design-Builder is required to provide under the Contract Documents for Utility Work performed by Design-Builder.