IMCA renewables contracting principles
- Informative Guidance
- Revision 3.1 - June 2024
This document outlines guidelines to achieve fair risk allocation in offshore renewable projects.
Contents
- Introduction and Purpose of Contracting Principles
- Terminology
- Underlying Objectives
- General Principles
- Performance Standards/Employer Provided Information/Permits
- Vessel Spreads
- Risk and Liabilities
- Employer's Risk (Unavailability of Resources, Suspension and Termination)
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 - December 2022Thoroughly revised and recoded as LCIC series
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Rev. 2 - March 2017To include new definitions for gross negligence, wilful misconduct and senior supervisory personnel, and to add a revised anti-corruption clause
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Rev. 1 - December 2015To include the updated IMCA competition law compliance policy
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Rev. 0 - July 2015Initial publication