Appendix_D-Insurance_Requirements.docx
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- Attached to
- Enhanced Use Leasing Project - Exchange North Federal contract opportunity
- Solicitation number
- AFCEC-15-R-0002B
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Appendix D United States Department of the Air Force
Air Force Civil Engineer Center (AFCEC)
Air Mobility Command (AMC)
Enhanced Use Leasing Project - Exchange North Joint Base Charleston
Request for Qualifications (RFQ) Appendix D Insurance Requirements
RFQ No. AFCEC-15-R-0002
PROPOSALS ARE DUE NO LATER THAN
3:00 P.M. ET
Proposal due date: 17 March 2015
At:
AFCEC/CIUE
3515 S. General McMullen San Antonio, TX 78226-2018
Exchange North Request for Qualifications – 2/20/15
APPENDIX D.
INSURANCE REQUIREMENTS
Insurance Requirements Checklist
| Base Name: Joint Base Charleston |
| Policy Inception: |
Policy Expiration:
| Insured:(Project Owner) |
| _________________________________________________ |
Following items apply to All Coverages and should be on all Certificates:
| Named Insured/Loss Payee Certificate Holder |
| United States Air Force |
c/o AFCEC Portfolio Manager 2261 Hughes Ave., Suite 155 JBSA Lackland, Texas 78236-9853
(Interest must be full name without abbreviation)
Address
(Street, City, State, Zip Code)
| Insurance Company AM Best Rating |
| Rating of A- / VIII or better. |
| Notice of Cancellation/ Material Change |
| 10 days, including nonpayment of premium. |
| Verify certificate signed and dated |
| Signature of Authorized Signatory for Lessee. |
| Waiver of Subrogation |
| Insurer shall have no right of subrogation against the Government. |
| Certificates Required: |
| Limits |
Property Insurance
Evidence of Property Insurance Form Acord Form 28 This insurance should be obtained upon completion of construction.
All Risk, on a replacement cost basis, with no coinsurance.
Full replacement cost value of the buildings, building improvements, and personal property belonging to the Property
| Property Insurance Deductible |
| No greater than $10,000 |
| Earthquake coverage and Deductible |
| Limits and deductibles as commercially available |
| Flood coverage and Deductible |
| Limits and deductibles as commercially available |
| Loss of Rents with extended period of indemnity of 180 days |
| Actual Loss Sustained not less than gross rents for one (1) year |
| Boiler and Machinery coverage and Deductible |
| Limits and deductibles as commercially available |
| Sewer Backup coverage and Deductible |
| Limits and deductibles as commercially available |
| Terrorism Insurance |
| Limits and deductibles if available at reasonable rates |
| FOR SUBLESSEES ONLY: All Risk, including business personal property, improvements and betterments, and business interruption subject to an extended period of indemnity. |
| Business Interruption: one (1) year of gross rents; |
All Other Property: Limits based on full replacement cost value
Commercial General Liability
Certificate of Insurance Acord Form 25 This insurance should be obtained for operations during or after construction at the Leased Premises.
Bodily injury (including death), personal and advertising injury and property damage, to include coverage for fire, legal liability, and medical payments. Includes including independent contractors and contractual liability. Primary and non-contributory. Combination of primary liability and excess/umbrella liability policies can be used.
Between $1,000,000 and $100,000,000 per occurrence, products-completed operations aggregate, and general aggregate per location or per project
| FOR SUBLESSEES ONLY: Primary and non-contributory to any insurance maintained by the Government or Approved Mortgagee. Government designated as Named Insured. |
| At least $2,000,000 per occurrence and $2,000,000 annual aggregate. |
Business Auto
Certificate of Insurance Acord Form 25
| Bodily injury and property damage combined single limit |
| Combined Single Limit of at least $1,000,000 per accident |
Any auto (Owned, Hired and Non Owned)
Crime
Certificate of Property Insurance Form Acord Form 27
| Evidence of crime insurance or a fidelity bond |
| Limits adequate to protect Lessee if this exposure exists |
Environmental Liability or Pollution Legal Liability
| Includes coverage for mold |
| Limits adequate to protect Lessee if this exposure exists |
Underground and Aboveground Storage Tank Environmental Insurance
| If any storage tanks located on the Property |
| Limits adequate to protect Lessee if this exposure exists |
Certificate of Insurance Acord Form 25
Workers' Compensation
Employees
Statutory limits
FOR SUBLESSEES ONLY:
Employees Statutory limits
Employers’ Liability
| Employers Liability, including third-party property coverage |
| Limits of at least $1,000,000 each accident, per disease-each employee, and per disease-policy limit respectively |
FOR SUBLESSEES ONLY:
Employers Liability Limits of at least $1,000,000 each accident, per disease-each employee, and per disease-policy limit respectively
Builder's Risk
Evidence of Property Insurance Form Acord Form 27 This insurance should be obtained upon commencement of construction.
Building and/or improvements on the Leased Premises
Full replacement cost value of the Building and/or Improvements of the Leased Premises
FOR SUBLESSEES ONLY:
This insurance should be obtained upon commencement of construction IF Lessee does not carry such coverage.
Building and/or improvements on the Leased Premises
Full replacement cost value of the Building and/or Improvements of the Leased Premises
Note: Acord Form References are typically standard forms used. Some insurance companies have their own version of these forms. Declarations pages from policies and insurance summaries are not considered acceptable evidence of coverage.
All insurance requirements are deal specific and need to be completed in accordance with the transaction.
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