Deere....here are some torque specs from the engineering handbook
http://engineershandbook.com/Tables/torque3.htm It should come up on the page for SST.
As far as the washer, any silicone washers that I have saw are soft and flexible. I would think you would want something with a little more rigidity. I believe what they are trying to do in this design, or what you are trying to do is have a washer, but allow it to compress so you still have pivot action. The two parts are going to be bolted together so the parts will be a rigid mount, the washer, is probably to keep the part from moving side to side. If I remember correctly, there was quite a bit of difference in size of diameters between the shaft and the bushing. Without going back through the pages, it was something like .010 clearance. I think if it were me, I would forget the silicone and go with something like a Teflon washer or a Delrin washer. Both will give you the slippage that you want. You just want to make the washer a couple of thou thinner that your total stackup so you still have free movement without binding, but enough that it will not let the part slide back and forth through the bushing.
And also, the four screws coming out between the parts, I imagine it is just the drawing showing the hole, but if the screws are actually coming through that far, trim them back a thread or two.
Looking at the drawing again, one other thing comes to mind....does the washer only have a 3.8" hole in it for the bolt to pass through? And if it does, that means thae washer is sitting on top of the pin coming through the bushing. It doesn't make any sense to do that. I was thinking the bushing went around the pin diameter. It would make more sense if it did, but if the bushing is on top of the pin it serves no useful purpose no matter what it's made out of. And if that's the case, I would probably eliminate the washer altogether.
If this is going on your bike, you may want to look into some Threadlocker. Maybe Blue Loctite so your screws won't vibrate loose. I wouldn't use any red, or it would take heat to ever back them out. And with using Stainless Steel screws, make sure that you use a good Allen Wrench or a new Allen Wrench. Stainless is a little softer and if you use a wrench that is worn a little, you'll damage the socket portion of the Flat Head screw.