DACA095250074600 Lease 24 Orig3 Schedule B - Insurance.pdf
PDF 130 KB Posted
- Attached to
- Retail Space to Lease - HEMET, CA
- Solicitation number
- DACA0952500746000
About this file
This document is a Schedule B for Insurance Requirements related to a federal lease opportunity. The key details are:
The lessor is required to maintain public liability and property damage insurance with a minimum $1,000,000 single combined liability limit and $500,000 property damage limit. Both the lessor and government must be named as additional insureds, and the policy must have cross-liability endorsements. The lessor must also maintain a standard fire and extended coverage insurance policy for the full replacement value of the building. The government is considered self-insured and has the statutory right to bring claims against the government for negligence. The related federal contract opportunity is for the government to lease 4,000 to 5,500 square feet of Class A or B retail space in Hemet, California for an Armed Forces Career Center. Responses are due by 6:00 PM PT on September 15, 2024 and must include a draft lease, general clauses, janitorial specifications, proposal forms, floor plans, and site photos.
View the file
Other files
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
INITIALS: _______________ & _______________ DACA095250074600
LESSOR GOVERNMENT
SCHEDULE B: INSURANCE
Lessor at its cost shall maintain public liability and property damage insurance with a single combined liability limit of not less than $1,000,000, and property damage limits of not less than
$500,000 insuring against all liability of Lessor and its authorized representatives arising out of or in connection with the leased premises or the real property in which the leased premises is located. Both parties shall be named as additional insured’s, and the policy shall contain cross-liability endorsements.
Lessor, at its cost, shall maintain on the building and other improvements in which the premises are located, a policy of standard fire and extended coverage insurance (with vandalism and malicious mischief endorsements) to the extent of full replacement value.
The Federal Government does not carry liability insurance and is considered self-insured.
Additionally, Statutory Authority 28, United States Code, Section 1346, permits an individual who is injured or incurs property damage as a result of negligence by a Government employee to bring a claim for damages against the Government. If a potential claim occurs, it is first processed by the
Government through the U.S. Army for an administrative decision. Once a final decision by our agency is made, you have the statutory right to appeal that administrative decision to the US Federal
District Court or the US Claims Court
File details come from the government source that posted it. Updated .