Schedule B.pdf
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- Attached to
- Looking for 8-month Hangar Lease Alpine, Texas
- Solicitation number
- DACA09-5-26-0101
About this file
This is Schedule "B" of a federal real property lease agreement detailing insurance requirements for the lessor.
The lessor must maintain public liability and property damage insurance at its own cost with a combined single liability limit of at least $1,000,000 and property damage limits of not less than $500,000. The coverage must protect against all liability arising from the leased premises or the real property containing the leased premises. Both the Federal Government and the lessor must be named as additional insureds, and the policy must include cross-liability endorsements. The document clarifies that the Federal Government does not carry liability insurance and is self-insured under 28 United States Code, Section 1346. Claims for damages resulting from negligence by a Government employee are first processed administratively through the U.S. Army, and upon the agency's final decision, the claimant has the statutory right to appeal to either the U.S. Federal District Court or the U.S. Claims Court.
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Text version
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 insureds, and the policy shall contain cross-liability endorsements.
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.
Government Initials: Lessor Initials:
File details come from the government source that posted it. Updated .