DACA095250074600 Lease 24 Orig3 Schedule B - Insurance.pdf

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Retail Space to Lease - HEMET, CA
Solicitation number
DACA0952500746000
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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.

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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 .