Contractor’s Risks Sample Clauses

The "Contractor’s Risks" clause defines the types of risks and liabilities that the contractor is responsible for during the execution of a project. Typically, this includes risks such as damage to the works, injury to workers, or loss of materials, unless these are specifically excluded or attributed to the client or force majeure events. For example, if equipment is damaged on site due to the contractor’s negligence, the contractor would bear the cost of repair or replacement. The core function of this clause is to clearly allocate responsibility for potential losses or damages, ensuring that both parties understand who bears which risks and reducing disputes over liability during the project.
POPULAR SAMPLE Copied 1 times
Contractor’s Risks. The Contractor shall be responsible for obtaining any insurance it deems necessary to cover its own risks, including without limitation: (a) business interruption, such as gross earnings, extra expense, or similar coverage, (b) personal property, and/or (c) automobile physical damage and/or theft. In no event shall the Department be liable for any damage to, or loss of, personal property, or damage to, or loss of, an automobile that is covered by a policy of insurance that is required by this agreement, even if such loss is caused by the negligence of the Department.
Contractor’s Risks. 12.1 All risks of loss of or damage to physical property and of personal injury and death which arise during and in consequence of the performance of the Contract other than the excepted risks are the responsibility of the Contractor.
Contractor’s Risks. 13.1 From the Starting Date until the Defects Liability Certificate has been issued, the risks of personal injury, death, and loss of or damage to property (including, without limitation, the Works, Plant, Materials, and Equipment), which are not Employer‟s risks, are Contractor‟s risks.
Contractor’s Risks. 8.1 All risks of loss or damage to physical property and of personal injury and death which arise during and in consequence of the performance of the Contract are the responsibility of the Contractor. 8.2 All risks and consequences arising from the inaccuracies or falseness of the documents and/or information submitted by the contractor shall be the responsibility of the Contractor alone. 8.3 No claim will be entertained if total value of work done during the contract period, is less than the probable amount of contract. However, the amount of contract may be, enhanced with mutual consent, if required.
Contractor’s Risks. 18.1 From the Start Date until the Defects Liability Certificate has been issued, the following are Contractor’s risks: The risk of personal injury, death, or loss of or damage to property (excluding the Works, Plant, Materials, and Equipment), which are due to use or occupation of the Site by the Works or for the purpose of the Works, which is the unavoidable result of the Works or negligence, breach of statutory duty, or interference with any legal right by the Employer or by any person employed by or contracted to him except the Contractor. From the Completion Date until the Defects Liability Certificate has been issued, the risk of loss of or damage to the Works, Plant, and Materials is a Contractor’s risk, viz. a Defect which existed on the Completion Date, an event occurring before the Completion Date, which was not itself an Employer’s risk, or the activities of the Contractor on the Site after the Completion Date.
Contractor’s Risks. The work covered by this contract shall be at the risk of the Contractor in every respect, and he shall be responsible therefor until it is completed and accepted by the Owner. This responsibility shall include, but not be limited to, damage to and loss of any material furnished and delivered by the Contractor, Owner or Railroad.
Contractor’s Risks. 1. From the day of commencement of Works until final Acceptance Certificate (on total volumes of works) is signed, Contractor shall bear responsibility for the risks associated with physical injury or death of its personnel, risks for property (including works, appliances, materials, equipment, materials provided by GOGC) damage or loss as well as risks associated with environment pollution and Third Parties and shall fully compensate the damage in accordance with the Georgian legislation, incurred from such risks.
Contractor’s Risks. Employer’s Risks 11.1 From the Start Date until the Defects Liability Certificate has been issued, the following are Employer’s risks: (a) The risk of personal injury, death, or loss of or damage to property (excluding the Works, Plant, Materials, and Equipment), which are due to (i) use or occupation of the Site by the Works or for the purpose of the Works, which is the unavoidable result of the Works or (ii) negligence, breach of statutory duty, or interference with any legal right by the Employer or by any person employed by or contracted to him except the Contractor.
Contractor’s Risks. The Work covered by the Contract shall be at the risk of the Contractor in every respect, and Contractor shall be responsible therefore until it is completed and accepted. This responsibility shall include damages to, and loss of any material furnished by Denver Water for incorporation in the Work. By receipt of such materials, the Contractor acknowledges that it has inspected the materials and that any damages evident after receipt are Contractor's responsibility.

Related to Contractor’s Risks

  • Builder’s Risk Insurance Contractor shall provide a Builder’s Risk Policy to be made payable to the Owner and Contractor, as their interests may appear. The policy amount should be equal to 100% of the Contract Sum, written on a Builder’s Risk “All Risk”, or its equivalent. The policy shall be endorsed as follows: The following may occur without diminishing, changing, altering or otherwise affecting the coverage and protection afforded the insured under this policy: (i) Furniture and equipment may be delivered to the insured premises and installed in place ready for use; and (ii) Partial or complete occupancy by Owner; and (iii) Performance of work in connection with construction operations insured by the Owner, by agents or lessees or other Contractors of the Owner or Using Agency In the event that the Contract is for renovation, addition or modification of an existing structure and Builders Risk Insurance is not available, the Owner will accept an Installation Floater Insurance Policy with the above endorsements in lieu of the Builders' Risk Insurance Policy. Such floater must insure loss to materials and equipment prior to acceptance by Owner and must be on an ALL RISK BASIS with the policy written on a specific job site.

  • Subcontractors’ Insurance If a part of the Agreement is to be sublet, the Consulting Engineer/Architect shall either: a. Cover all subcontractors in its insurance policies, or b. Require each subcontractor not so covered to secure insurance which will protect subcontractor against all applicable hazards or risks of loss as and in the minimum amounts designated. Whichever option is chosen, Consulting Engineer/Architect shall indemnify and hold harmless the City as to any and all damages, claims or losses, including attorney's fees, arising out of the acts or omissions of its subcontractors.

  • Contractor’s Insurance 27.1 The Contractor shall procure and maintain at all times it performs any portion of the Services the following insurance with minimum limits equal to the amount indicated below.

  • Contractors All LAUSD Contractors and their Representatives are expected to conduct any and all business affiliated with LAUSD in an ethical and responsible manner that fosters integrity and public confidence. A “Contractor” is any individual, organization, corporation, sole proprietorship, partnership, nonprofit, joint venture, association, or any combination thereof that is pursuing or conducting business with and/or on behalf of LAUSD, including, without limitation, consultants, suppliers, manufacturers, and any other vendors, bidders or proposers. A Contractor’s “Representative” is also broadly defined to include any subcontractors, employees, agents, or anyone else who acts on a Contractor’s behalf.

  • Subcontractors The Contractor will not subcontract any work under the Contract without prior written consent of the Department. The Contractor is fully responsible for satisfactory completion of all its subcontracted work. The Department supports diversity in its procurements and contracts, and requests that the Contractor offer subcontracting opportunities to certified woman-, veteran-, and minority-owned small businesses. The Contractor may contact the OSD at ▇▇▇▇▇▇▇@▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ for information on certified small business enterprises available for subcontracting opportunities.