IMCA Remote Systems & ROV Division

Publication Details

European ROV Services Contracting Principles

This document has been published to raise awareness on contracting matters among the members of IMCA's Remote Systems & ROV Division and their clients.

The principles are for guidance only and are not binding. Each IMCA member is free to enter into whatever contracts it deems to be in its own interests.

Areas covered include:

• Cross indemnification
• Consequential loss
• Third party liability
• Defective work
• Breakdown
• Pollution liability
• Overall limitation of liability
• Guarantees and warranties
• Parent company guarantees
• Termination of contract for convenience
• Payment terms
• Suspension
• Force majeure
• Intellectual property
• UK Contracts (Rights of Third Parties) Act 1999