TRANSP FUND FOR CLEAN AIR - FY 2012/13

Comity Program Manager Fund Expenditure Plan Guidance FYE 2013 APPENDIX E INSURANCE GUIDELINES This appendix provides guidance on the insurance coverage and documentation typically required for TFCA Program Manager Fund projects Note that the Air District reserves the right to specify different types or levels of insurance in the finding agreement The typical funding agreement requires that each Project Sponsor provide documentation showing that the Project Sponsor meets the following requirements for each of its projects. The Program Manager is not required to meet these requirements itself,unless it is acting as a project sponsor. 1. Liability Insurance: Corporations and Public Entities-a limit of not less than$1,000,000 per occurrence. Such insurance shall be of the type usual and customary to the business of the Project Sponsor,and to the operation of the vehicles,engines or equipment operated by the Project Sponsor. Single Vehicle Owners-a limit of not less than$750,000 per occurrence. Such insurance shall be of the type usual and customary to the business of the Project Sponsor,and to the operation of the vehicles,engines or equipment operated by the Project Sponsor. 2. Property Insurance: New Equipment Purchases-an amount of not less than the insurable value of Project Sponsor's vehicles,engines or equipment funded under this Agreement,and covering all risks of piss, damage or destruction of such vehicles,engines or equipment. Retrofit Projects-2003 model year vehicles or engines or newer in an amount of not less than the insurable value of Project Sponsor's vehicles,engines or equipment funded under this Agreement, and covering all risks of loss,damage or destruction of such vehicles,engines or equipment 3. Workers Compensation Insurance: Construction projects—including but not limited to blke'pedestrian paths,bike lanes; smart growth and vehicle infrastructure,as required by California law and employers insurance with a limit not less than$1 million. 4. Acceptability Of Insurers: Insurance is to be placed with insurers with a current A.M.Best's rating of no less than A:VII. The Air District may.at its sole discretion,waive or alter this requirement or accept sell'-insurance in lieu of any required policy of insurance. The following table lists the type of insurance coverage generally required for each project type. The requirements may differ in specific cases. Program Managers should contact the Air District liaison with questions,especially about unusual projects. BAAQMD Transportation Fund for Clean At Page 21