Car Rental/mini-Lease Contract Proposal Form - Budget Car Rental (Page 3 of 5) in pdf

Car Rental/mini-Lease Contract Proposal Form - Budget Car Rental Page 3

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9. Billing And Pavment

The HBPD will issue a purchase order to cover all vehicles under this agreement. BRAC will invoice the

HBPD on a monthly basis and expect payment within thirty (30) days, following receipt of said monthly

invoice. Written authorization will be required to add additional vehicles under this agreement.

10. lnsurance And Liability

It is understood that the HBPD has elected to accept BRAC' s Physical Damage (LDW) and SLI Coverage's

Options in the course of this agreement. LDW (Loss Damage Waiver) is included in the rate structure for this

contract and provides Physical Damage Coverage with no deductible for HBPD employees or agents who are

operating said vehicle for business use, who are over 21 years of age or older and subject to the terms and

conditions set forth in BRAC' s standard rental contract.

It is further understood that the HBPD has elected to accept SLI Coverage under the terms of this

contract. SLI covers for business use, all employees and/or agents of the HBPD with supplemental liability

insurance for accident arising out of the operation or use of the rental vehicle with the following limits:

$100,000 per person

$300,000 per accident

$50,000 property damage

Liability coverage is provided as per all terms and subject to the limitations set forth in BRAC' s standard

rental contract. SLI excludes any protection afforded under: first party benefits; personal injury protection;

medical payments; no-fault; and uninsured or underinsured motorist. Protect is subject to the provisions of

the Rental Agreement and the SLI policy issued by ACE American lnsurance Company.

1 1 . Preferred Provider Status

HBPD agrees to promote BRAC as a preferred provider of rental cars, wagons, vans and trucks and to

recommend BRAC as an option to employees rental needs for business use. BRAC will assign a {BCD/N

Number) for business use and a separate {BCD/N Number} for rentals of a personal nature.

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Car Rental/mini-Lease Contract Proposal Form - Budget Car Rental Page 3