9.24 Casualty Loss Claims
Under paragraph 29C.20 of the State of Iowa Code the Executive Council is
allocated funds to cover casualty loss claims experienced at state owned
properties. Procedures for filing of such claims require the immediate notification
of the State Board of Regents Office followed by a number of reports, cost
estimates of losses, and actual claims presented to the Executive Council
for action. Casualty loss claims include "...repairing, rebuilding,
or restoring state property, injured, destroyed, or lost by fire, storm,
theft, or unavoidable cause...".
Casualty loss claims will be considered by the Executive Council for any
claims estimated to exceed $5,000 in any one occurrence or an annual aggregate
loss which exceeds $10,000. Notification must be given by the end of the
next working day following the incident to qualify for a claim.
Reports on casualty loss should be made to the Director of Business Services
who will notify the Board of Regents Office immediately and proceed with
preparing the appropriate reports and the filing of claims.
Vice-President for Administrative Services | 
