IMCA decommissioning contracting principles

  • Informative Guidance
  • Revision 2.1 - June 2024

This document provides guidelines and principles for decommissioning projects in the offshore marine contracting industry, emphasising fair risk allocation and clear contractual terms.

Contents

  • Introduction

  • Company Group and Contractor Group Property and Personnel

  • Project Works (including both Company and Contractor Supplied Items)

  • Title

  • Duty Holder

  • Company Provided Information

  • Permits and Licences

  • Pollution and Contamination

  • Third Parties

  • Consequential Losses

  • Gross Negligence and Wilful Misconduct

  • Warranty Obligations

  • Limitation of Liabilities

  • Minimum Insurance Requirements

  • Force Majeure and Suspension

  • Delay

  • Variation Orders

  • Free Access to Work Site

  • Intellectual Property Rights

  • Termination by Company for Convenience

  • Company’s Obligation to Pay Contractor

  • Operating Permits and Permits to Work

  • Extraordinary Risk

  • Anti-Corruption


Revision

  • Rev. 2.1 - June 2024
    Page 2, template and bookmarking revised; no change to content
  • Rev. - February 2017
    Initial publication
  • Rev. 2 -
  • Rev. 1 -