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Alameda CTC Agreement No. A25-0058 <br />Project No. 1480013 <br />Appendix G – Page 4 <br /> <br />Air District TFCA 40% Guidance FYE 2026 <br />Appendix F: Insurance Guidelines <br /> <br />This appendix provides guidance on the insurance coverage and documentation typically required <br />for TFCA 40% Fund projects. Note that the Air District reserves the right to specify different types or <br />levels of insurance in the Funding Agreement. <br />The typical Funding Agreement requires that each Project Sponsor provide documentation showing <br />that they meet the following requirements for each of their projects. The administering agency is not <br />required to meet these requirements itself, unless it is acting as a Project Sponsor. <br />1. Liability Insurance: <br />Corporations and Public Entities - a limit of not less than $1,000,000 per occurrence. Such insurance <br />shall be of the type usual and customary to the business of the Project Sponsor, and to the operation <br />of the vehicles, engines or equipment operated by the Project Sponsor. <br />Single Vehicle Owners - a limit of not less than $750,000 per occurrence. Such insurance shall be of <br />the type usual and customary to the business of the Project Sponsor, and to the operation of the <br />vehicles, engines or equipment operated by the Project Sponsor. <br />2. Property Insurance: <br />New Equipment Purchases - an amount of not less than the insurable value of Project Sponsor’s <br />vehicles, engines or equipment funded under this Agreement, and covering all risks of loss, damage <br />or destruction of such vehicles, engines or equipment. <br />Retrofit Projects - 2003 model year vehicles or engines or newer in an amount of not less than the <br />insurable value of Project Sponsor’s vehicles, engines or equipment funded under this Agreement, <br />and covering all risks of loss, damage or destruction of such vehicles, engines or equipment. <br />3. Workers Compensation Insurance: <br />Construction projects – including but not limited to bike/pedestrian paths, bike lanes, smart growth <br />and vehicle infrastructure, as required by California law and employers’ insurance with a limit not <br />less than $1 million. <br />4. Acceptability of Insurers: <br />Insurance is to be placed with insurers with a current A.M. Best’s rating of no less than A: VII. The Air <br />District may, at its sole discretion, waive or alter this requirement or accept self-insurance in lieu of <br />any required policy of insurance. <br />The following table lists the type of insurance coverage generally required for each project type. The <br />requirements may differ in specific cases. Administering agencies should contact the Air District <br />liaison with questions, especially about unusual projects. <br /> <br />__________________________________________________________________________________ <br />Bay Area Air Quality Management District Transportation Fund for Clean Air – County Program Manager / 40% Fund Page 29 <br /> <br />Docusign Envelope ID: B4E49062-FF04-43DB-87D8-F5C1F9DF9528