PART 1  POLICIES TO BE TAKEN OUT BY THE CONTRACTOR AND MAINTAINED DURING THE WORKS PERIOD5 6

Common to each policy in Part I (unless stated otherwise):

Insureds:

1.  Authority.

2.  Contractor.

3.  Construction Sub-Contractor.

4.  [Operating Sub-Contractor].

5.  Construction sub-contractors of any tier.7

6.  Senior Lenders.

7.  Subordinated Lenders.

8.  Consultants - for their site activities only.

each for their respective rights and interests in the Project.




__________________________________________________________________________________________________

5  Other classes of insurance may be included by Authorities but any extension to insurances where uninsurability protection is provided will require WIDP/IUK approval.

6 Authorities to consider (taking appropriate advice from insurance advisers) whether EIL or CPL cover ought to be taken out.  This is a project specific issue depending on the nature of the site and the risk allocation agreed for Contamination (see footnotes to clause 11 (Site Conditions)).  To the extent that EIL cover is taken out by the Contractor, Authorities need to consider whether it is appropriate to extend Unavailability protection to EIL

7  To the extent that their activities are required to be insured under the Contract, consider Construction Sub-Contractors in relation to Commissioning Works and sub-contractors of any tier to insureds 2 and 3.

More Information