Indemnities in EPC Contracts
€ 25.00
Description
This Skill Bit shows, that indemnity obligations in EPC contracts offer protection against losses due to contractor negligence. They cover personal injury, death, and third-party property damage. An aggregate liability cap limits the contractor’s total responsibility. Exclusions include Owner’s risks and claims must be made within a set timeframe. Adequate insurance is advised, with clear, unambiguous wording. The contractor controls defense but allows Owner participation. Clauses should be reasonable, consistent, and survive contract termination for comprehensive protection.
Duration approx. 5 Min.
Tier: advanced
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