Tab 9 - Appendix C - Insurance Requirements

United States Department of the Air Force

Air Force Civil Engineer Center
Installations Directorate

(AFCEC/CI)

Enhanced Use Leasing Project
Davis-Monthan Air Force Base

Request for Lease Proposals (RFLP)
Appendix C
Insurance Requirements

RFLP No. AFCEC-26-R-0003

Request for Lease Proposals No. AFCEC-26-R-0003
Davis-Monthan AFB, AZ
Appendix C

APPENDIX C

INSURANCE REQUIREMENTS

Insurance Requirements Checklist
Insured: (Project Owner)
Policy Inception:

Base Name: DAVIS-MONTHAN AFB, AZ

Policy Expiration:

Following items apply to All Coverages and should be on all Certificates: Named Insured/Loss Payee Certificate Holder

(Street, City, State, Zip Code)

United States Air Force
c/o AFCEC Portfolio Manager
2261 Hughes Ave., Ste. 155
San Antonio, Texas 78236-9853

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.

(Interest must be full name without abbreviation)

Address

Certificates Required

Limits

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.
No greater than $10,000.
Limits and deductibles as
commercially available.
Limits and deductibles as
commercially available.
Actual Loss Sustained not less than
gross rents for one (1) year.

This insurance should be obtained upon completion of construction.

Property Insurance Deductible.
Earthquake coverage and Deductible.
Property Insurance
Evidence of Property
Insurance Form
Acord Form 27

Flood coverage and Deductible.
Loss of Rents with extended period of
indemnity of 180 days.
Boiler and Machinery coverage and
Deductible.
Sewer Backup coverage and
Deductible.
Terrorism Insurance.

FOR SUBLESSEES ONLY: All

Risk, including business personal
property, improvements and
betterments, and business interruption
subject to an extended period of
indemnity.

Request for Lease Proposals No. AFCEC-26-R-0003
Davis-Monthan AFB, AZ
Appendix C

Limits and deductibles as
commercially available.
Limits and deductibles as
commercially available.
Limits and deductibles if available at
reasonable rates.
Business Interruption: one (1) year of
gross rents;