Short Break
Risks
A risk is a hazard or danger to ...
Consequences of risks:
Injury to persons
Injury or damage to property
Deaths
21
22
Employers Risks
Are listed in Cl 17.3
Discuss the Employers risks and
compare and contrast these risks
with Force majeure events
Employers Risks
Damage cause by Employers risks
shall be rectified by the Contractor
However, the Contractor is entitled
to:
Extension of time
Any additional costs
Limitation of liability
Except for fraud, deliberate default
or reckless misconduct; liability
should not exceed:
1. The sum stated in the Particular
Condition; or,
2. Accepted Contract Amount
Insurance
Insuring Party = Insurer
Contractor to insure on terms approved
by the Employer
Employer to insure in accordance with the
Particular Conditions
Insurance
Insuring Party to provide:
evidence of insurance and policy
documents to the other Party
Evidence of payment + notify Engineer
Employer to insure in accordance with
the Particular Conditions
To insure:
1.Works and Contractors Equipment
2.Against injury to persons and damage to
property
3.Contractors personnel
Insurance
Insurance must be maintained till the
Performance Certificate is issued
Insurance for equipment includes
their transportation to the site
If certain insurance cover is not
available at commercially reasonable
rates; Contractor:
To notify Employer
May obtain exemption