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Agmt03 JJR Construction
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Agmt03 JJR Construction
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Last modified
11/5/2008 9:10:36 AM
Creation date
8/25/2003 10:59:16 AM
Metadata
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Template:
Agreement
Contractor Name
JJR Construction
PROJECT NAME
Wellesley Cresent Landscape Traffic Improvements
RMP File Number
304
Date
6/18/2003
MO Ref
03-159 03-256
Box
6593
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NOTICE-DISCLOSURE OF TERRORISM PREMIUM <br /> <br />The Terrorism Risk Insurance Act of 2002 establishes a program within the Department <br />of' the Treasury, under which the f,ederal government shares, with the insurance industry, <br />the risk of loss from future terrorist attacks. The Act applies when the Secretary o£the <br />Treasury certifies that an event meets the definition of'an Act of`Terrorism. The Act <br />provides that, to be certified, an Act of, Terrorism must cause losses o£ at least five <br />million dollars and must have been committed by an individual or individuals acting on <br />behalf,of any f,oreign person or f,oreign interest to coerce the government or population of' <br />the United States. <br /> <br />In accordance with the Terrorism Risk Insurance Act of,2002, we are providing this <br />disclosure notice f,or all bonds on which Great American Insurance Company, its <br />affiliates (including, but not limited to Great American Alliance Insurance Company, <br />Oreat American Insurance Company of, New York and Great American Assurance <br />Insurance Company) is the surety. <br /> <br />The United States Government, Department of`the Treasury, will pay a share o£terrorism <br />losses insured under the terms of the Act. The f,ederal share equals 90% of that portion o£ <br />the amount of, such insured losses that exceeds the applicable insurer retention. <br /> <br />This Coverage Part/Policy covers certain losses caused by terrorism. In accordance with <br />the Federal Terrorism Risk Insurance Act of 2002, we are required to provide you with a <br />notice disclosing the portion of'your premium, if any, attributable to the coverage arising <br />f,rom losses for Terrorist Acts Certified under that Act. <br /> <br />The portion of your annual premium that is attributable to coverage f,or Terrorist Acts <br />Certified under the Act is: $;00. <br /> <br /> <br />
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