(1) At times determined by the Oregon Department of Administrative Services, each
state agency owning, leasing, controlling or possessing media shall supply such information
as the department may require regarding the agency's media. The appraised value of the media shall be established on the basis of present-day
replacement costs or restoration to operational condition.
(2) If any media designated in subsection (1) of this section is damaged or destroyed
by any covered peril, the department shall pay all extraordinary expenses related
to replacement or re-creation of new or backup media out of the Insurance Fund in
an amount not to exceed the appraised value established pursuant to this chapter.
Such costs may include reproduction of media, temporary service and equipment rental
costs, reinstallation, shipping and other related costs.
(3) Media coverage by the Insurance Fund does not include any loss of moneys because
of the lack of any revenue producing function connected with the operation, nor does
it cover any other costs of business interruption outside the direct expenses as outlined
in subsection (2) of this section.
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