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Equipment and Insurance Question Tania H. Clucas 26 Oct 2001 20:30 EST

This is a little interesting.

I work with Oceanographers. They frequently, DELIBERATELY, throw very
expensive equipment overboard, and hope that they can find it a year or
so later. Most of the time we do find it. Sometimes we don't.

Our institution is self-insured.

We've had to file claims for four lost moorings this year. Our Risk
Management office is starting to say that they are going to require us
to put language/a provision in our awards to provide funds for
replacement of lost equipment.

My opinion - they're smoking something. That is totally ludicrous and
unreasonable and they can in no way require us to do this, and no agency
would. The adjusters in our Risk office are trying really hard to get
out of paying the bill.

My other opinion - We can start buying all of our equipment with
unrestricted funds, and then this won't be an issue. But that will never
happen.

Does anyone have any thoughts on what I can do to prove to them (the
campus adjusters) that they are barking up the wrong tree? I've told
them that the equipment is owned by us, it's our responsibility. I feel
like we should send them to some NPMA meetings or something.

Other options - privately insure the moorings, and include fees for
insurance in awards? We include the fees for hazardous duty insurance in
our awards, I guess we could consider fees for the insurance of this
equipment at risk (or at least engaging in risky behavior).

Thanks for your thoughts,

Tania
--
 Accountability and accounting are not the same thing

Tania H. Clucas, CRA                      mailto:xxxxxx@sfos.uaf.edu
Sponsored Programs Manager                       Voice 907.474.6736
School of Fisheries and Ocean Sciences           Fax   907.474.7204
University of Alaska Fairbanks              http://www.sfos.uaf.edu

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