Damage to Work. Contractor, at its sole cost, shall be responsible for and obligated to replace, repair, or reconstruct the Work and any material, equipment, or supplies furnished for the Work which is lost, damaged or destroyed prior to transfer of care, custody and control thereof to Company however such loss shall occur. Contractor shall be responsible for repair and replacement of any of Company's other property, other than the Work covered by this Contract, which is lost, damaged, or destroyed by the act or omission of Contractor.
Appears in 2 contracts
Sources: Capital Construction Term Rate Agreement, Capital Construction Term Rate Agreement