This document provides guidance on contracting practices within the marine contracting industry, aiming to ensure fair risk allocation and improve industry relations.
Contents
Introduction
Company Group and Contractor Group Property and Personnel
Pollution
Third Parties
Consequential Loss
Gross Negligence and Wilful Misconduct
Warranty Obligations
Limitation of Liabilities
Force Majeure and Suspension
Delay
Variation Orders
Intellectual Property Rights
Termination by Company for Convenience
Company's Obligation to Pay Contractor
Extraordinary Risk
Breakdown
Contracts (Rights of Third Parties) Act 1999
Anti-Corruption
Revision
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Rev. 3.1 - June 2024Page 2, template and bookmarking updated; no change to content
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Rev. 3 - February 2017Alignment with IMCA general contracting principles (Rev. 4)
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Rev. 2 - December 2015To include the IMCA competition law compliance policy (appendix 1)
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Rev. 1 - December 2014Alignment with IMCA general contracting principles
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Rev. 0 - April 1999Initial publication