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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 46 - Shipping |
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Chapter II - Maritime Administration, Department of Transportation |
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SubChapter I-A - National Shipping Authority |
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Part 338 - Procedure for Accomplishment of Vessel Repairs Under National Shipping Authority Master Lump Sum Repair Contract - NSA-LUMPSUMREP |
§ 338.13 - Insurance.
Latest version.
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Article 9 of the NSA-LUMPSUMREP Contract sets forth the Contractor's liabilities and obligations with respect to awarded work. Said Article 9 requires that the Contractor shall maintain insurance to cover such liabilities and obligations. Evidence of such insurance shall be submitted to the Chief, Division of Insurance, Washington, DC, by the contractors for approval.