XCU. The Contractor’s CGL insurance must not exclude perils generally known as XCU (explosion, collapse, and underground property damage), subsidence, absolute earth movement (excepts as it pertains to earthquake peril only) or any equivalent peril.
Appears in 9 contracts
Sources: Preliminary Agreement, Agreement Between Owner and Design Builder Cost Plus Fee With a Guaranteed Maximum Price, Agreement Between Owner and Design Builder Cost Plus Fee With a Guaranteed Maximum Price