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What is the minimum amount of cover or minimum level of indemnity the Contractor has to provide for loss of or damage to the works, Plant and Materials?

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What is the minimum amount of cover or minimum level of indemnity the Contractor has to provide for loss of or damage to the works, Plant and Materials?

asked Oct 10, 2012 in Risk and Insurance by BuiltIntelligence (840 points)  

1 Answer

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Best answer

The Contractor has to provide insurance cover for the replacement cost, including the amount stated in the Contract Data for the replacement of any Plant and Materials provided by the Employer (see Clause 84.2).

answered Oct 10, 2012 by BuiltIntelligence (840 points)