Limitations of Liability in EPC Contracts

Description

This Skill Bit shows that indemnity provisions in EPC contracts shield against losses from contractor negligence, spanning personal injury, death, and property damage. A cap caps the contractor’s liability, while exclusions safeguard against owner risks. Claims deadlines ensure timely resolution, backed by clear, precise language and adequate insurance. The contractor manages defense but involves the owner. Clauses maintain reasonableness, coherence, and post-termination effectiveness for holistic safeguarding.

Duration approx. 5 Min.

Tier: advanced