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pdfU.S. Department of the Interior
Bureau of Ocean Energy Management
OMB Control No.: 1010-0106
Expiration Date: xx/xx/2023
INSURANCE CERTIFICATE
CERTIFICATION OF OIL SPILL FINANCIAL RESPONSIBILITY
IN ACCORDANCE WITH THE REQUIREMENTS OF THE OIL POLLUTION ACT OF 1990
(TYPE OR PRINT ALL INFORMATION EXCEPT SIGNATURES)
1. Designated Applicant:
COMPANY LEGAL NAME
BOEM COMPANY NUMBER
2. The amount of insurance coverage established by the named Insurers as evidence of oil spill financial
responsibility (OSFR) for the Responsible Parties, identified in form(s) BOEM-1017 on file or attached,
(hereafter the Insured), as represented by the Designated Applicant, in compliance with the Oil Pollution Act of
1990, as amended, 33 U.S.C. §§ 2701-2672 (hereafter the Act) and with Title 30 Code of Federal Regulations
(CFR), part 553, for any one incident is:
FROM $_
TO: $
STARTING AMOUNT ABOVE ANY
DEDUCTIBLE OR EXCESS AMOUNT
UPPER LIMIT OF
THIS INSURANCE LAYER
The following insurance option has been selected to provide this coverage:
□ Full Option—Insurance is provided for the first full $_
million without deductible.
□ Deductible Option—Insurance is provided for the amount of $
million less the deductible amount
of $ __________.
□ Excess Option—Insurance is provided for the amount of $
million in excess of the amount of
of $ __________ million.
3. This coverage is effective:
at
DATE
at
and expires:
Central Standard Time
DATE
.
Central Standard Time
4. The Insurer may at any time cancel this insurance certificate by written notice of intent to cancel sent by certified mail
to the Designated Applicant with copies (plainly indicating the original notice was sent by certified mail) to all
Responsible Parties and to the BOEM oil spill financial responsibility program by certified mail. This instrument will
remain in force and the undersigned will remain liable until the expiration date or until the earlier of (1) thirty calendar
days after BOEM and the Designated Applicant receive a notification of your intent to cancel this insurance
certificate; (2) BOEM receives other acceptable OSFR evidence from the Designated Applicant; or (3) all the COFs
to which this Insurance Certificate applies have been permanently abandoned either in compliance with 30 CFR part
250 or the equivalent state requirements. The undersigned agrees that any termination of this Insurance Certificate
will not affect the liability of the Insurer for any claims that arise from an incident (i.e., oil discharge or substantial
threat of the discharge of oil) that occurs on or before the effective date of termination of this Insurance Certificate.
5. The named Insurers agree that any suit or claim for which the Responsible Parties identified in form(s) BOEM-1017,
on file or attached, represented by the aforementioned Designated Applicant may be liable under Title I of the Act
may be brought directly against the named Insurers for claims up to the amount of insurance coverage asserted by
the U.S. government or by other claimants when a Responsible Party denies or fails to pay a claim on the basis of
insolvency or a Responsible Party has petitioned for bankruptcy under Title 11 of the U.S. Code.
6. The undersigned further agrees not to use any defense except those that would be available to a Responsible Party
for whom the insurance was provided or that the incident leading to the claim for removal costs or damages was
caused by willful misconduct of a Responsible Party covered by this insurance.
FORM BOEM-1019 (Month Year)
Previous Editions are Obsolete.
PAGE 1 OF 6
7. The undersigned Responsible Party further agrees, pursuant to the requirements of 30 CFR 553.15, to notify the
BOEM oil spill financial responsibility program in the event the Responsible Party is no longer able to maintain
evidence of oil spill financial responsibility to the extent stated in section 2 above.
8. The Designated Applicant must, no later than the first calendar day of the fifth month after the close of the Insurer’s
fiscal year or expiration if earlier, submit either a renewal of this insurance or other acceptable evidence of financial
responsibility.
9. Insurance agent or broker for this Insurance Certificate:
COMPANY NAME
BOEM COMPANY NUMBER
ADDRESS
CITY
(
)
AREA CODE and TELEPHONE NUMBER
STATE
COUNTRY (If not U.S.A.)
(
)
AREA CODE and FAX NUMBER
ZIP CODE
E-MAIL ADDRESS
10. As an Authorized Representative of the insurance agent or broker identified above, I certify that the information
contained in this Insurance Certificate is accurate and correct, that quota shares total 100 percent for this
Insurance Certificate, and that this Insurance Certificate and the named Insurers, complies with the requirements
stated in 30 CFR 553.29. The identified insurance agent or broker agrees to maintain and provide to the
Designated Applicant and BOEM, on demand, any delegations of authority to a broker or an underwriter of another
insurer or underwriting manager to bind a named Insurer to all risks and liabilities specified in Title I of the Act.
NAME
SIGNATURE
TITLE
DATE
11.The named Insurers, listed below, certify that the Insured is insured by the named Insurers for the offshore facilities,
as specified below, against liability for removal costs and damages to which the Insured could be subjected under
Title I of the Oil Pollution Act and 30 CFR 553 within the insurance layer specified.
The following offshore facility coverage option has been selected:
□ General Option—All covered offshore facilities for which the named Designated Applicant serves in that
capacity.
□ Schedule Option— All covered offshore facilities on the Designated Applicant’s attached
information form and schedule of properties forms, effective _____________________________________.
DATE
FORM BOEM-1019 (Month Year)
Previous Editions are Obsolete.
PAGE 2 OF 6
12. The named Insurers designate the following U.S. Agent for Service of Process for this Insurance
Certificate:
NAME
BOEM COMPANY NUMBER
ADDRESS
CITY
(
)
AREA CODE and TELEPHONE NUMBER
STATE
(
)
AREA CODE and FAX NUMBER
ZIP CODE
E-MAIL ADDRESS
13. In witness whereof, the Designated Applicant for the Responsible Parties and the named Insurers have
executed this instrument on the ______________ day of ______________________.
MONTH
YEAR
Designated Applicant for the Responsible Parties named herein:
SIGNATURE OF AUTHORIZED REPRESENTATIVE OF DESIGNATED APPLICANT
NAME OF AUTHORIZED REPRESENTATIVE OF DESIGNATED APPLICANT
TITLE OF AUTHORIZED REPRESENTATIVE OF DESIGNATED APPLICANT
FORM BOEM-1019 (Month Year)
Previous Editions are Obsolete.
PAGE 3 OF 6
14. The following named Insurers hereby certify their participation on this.
BOEM ID
NUMBER
INSURER’S NAME
SUBTOTAL OF
QUOTA
SH
AR
E
FORM BOEM-1019 (Month Year)
Previous Editions are Obsolete.
QUOTA
SHARE
AUTHORIZED SIGNATURE
NAME AND TITLE OF
BINDING OFFICIAL
INSURANCE
RATING
INSURANCE
RATING
SERVICE
If additional space is required, additional copies of this page may be attached as continuation pages.
PAGE 4 OF 6
DATE OF
RATING
(MM/YY)
14. The following named Insurers hereby certify their participation on this (continued).
BOEM ID
NUMBER
INSURER’S NAME
QUOTA
SHARE
AUTHORIZED SIGNATURE
NAME AND TITLE OF BINDING
OFFICIAL
INSURANCE
RATING
INSURANCE
RATING
SERVICE
SUBTOTAL FROM PREVIOUS PAGE
TOTAL QUOTA SHARE
(MUST EQUAL 100%)
If additional space is required, additional copies of this page may be attached as continuation pages.
FORM BOEM-1019 (Month Year)
Previous Editions are Obsolete.
PAGE 5 Of 6
DATE OF
RATING
(MM/YY)
U.S. Department of the Interior
OMB Control No.: 1010-0106
Expiration Date: xx/xx/2023
Bureau of Ocean Energy Management
PAPERWORK REDUCTION ACT STATEMENT
BUREAU OF OCEAN ENERGY MANAGEMENT
OIL POLLUTION ACT OF 1990
OIL SPILL FINANCIAL RESPONSIBILITY FOR OFFSHORE FACILITIES
The Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.) requires us to inform you that the Bureau of
Ocean Energy Management (BOEM) collects this information to:
1.
Provide a standard method for establishing eligibility for oil spill financial responsibility (OSFR) for
offshore facilities;
2.
Identify and maintain a record of those offshore facilities that have a potential oil spill liability;
3.
Establish and maintain a continuous record, over the liability term specified in Title I of the Oil
Pollution Act of 1990, of financial evidence and instruments established to pay claims for oil spill
cleanup and damages resulting from operations conducted on offshore facilities and the
transportation of oil from offshore platforms and wells;
4.
Establish and maintain a continuous record of Responsible Parties, as defined in Title I of the Oil
Pollution Act of 1990, and their agents or Authorized Representatives for oil spill financial
responsibility for offshore facilities; and
5.
Establish and maintain a continuous record, over the liability term specified in Title I of the Oil
Pollution Act of 1990, of persons to contact and U.S. Agents for Service of Process for claims
associated with oil spills from offshore facilities.
The BOEM will routinely use the information to:
1.
Ensure compliance of offshore lessees and owners and operators of offshore facilities with Title I of
the Oil Pollution Act of 1990;
2
Establish eligibility of applicants for OSFR; and
3.
Establish a reference source of names, addresses, and telephone numbers of Responsible Parties
for offshore facilities and their Authorized Representatives and Guarantors for claims associated
with oil pollution from designated offshore facilities.
Responses are mandatory (33 U.S.C. 2716). No confidential or proprietary information is required to be
submitted. The BOEM considers oil spill financial responsibility demonstrations, including supporting audited
financial statements, to be public information open for review under the Freedom of Information Act (5
U.S.C. 552).
An agency may not conduct or sponsor, and a person is not required to respond to, a collection of
information unless it displays a currently valid Office of Management and Budget (OMB) Control Number.
The public reporting burden for an application for certification of oil spill financial responsibility is listed
below. The burden includes the time for reviewing instructions, gathering and maintaining data, and
completing and reviewing the application. The average burden for this form and required information that
could comprise a submission is 120 hours.
Comments regarding the burden estimate or any other aspect of this form should be directed to the
Information Collection Clearance Officer, Bureau of Ocean Energy Management, 45600 Woodland
Road, Sterling, VA 20166.
FORM BOEM-1019 (Month Year)
Previous Editions are Obsolete.
PAGE 6 OF 6
File Type | application/pdf |
File Modified | 2019-10-08 |
File Created | 2017-01-20 |