IMCA renewables contracting principles

Whilst the IMCA general contracting principles can be applied to the renewables industry, this document from IMCA focuses on the differing issues concerned renewables.

Based on the IMCA’s risk allocation goals (FAIR), this document has been published as a discussion document and an aide for clients and contractors alongside their in-house standard contracts and industry published standard contracts.

Version history:

December 2022 – Thoroughly revised and recorded as LCIC series
March 2017 – To include the definitions for gross negligence, wilful misconduct and senior supervisory personnel, and to add a revised anti-corruption clause
December 2015 – To include the updated IMCA competition law compliance policy
July 2015 – Initial publication

  • Introduction and Purpose of Contracting Principles
  • Terminology
  • Underlying Objectives (UOs)
  • General Principles
  • Performance Standards/Employer Provided Information Permits
  • Vessel Spreads
  • Risk and Liabilities
  • Employer’s Risk (Unavailability of Resources, Suspension and Termination)

IMCA LCIC 014A is a new document to supplement IMCA LCIC 014 Rev. 3.

Reference(s): IMCA LCIC014
Published:December 2022
Version:Rev. 3
Grade:IMCA Informative Guidance

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