IMCA’s decommissioning principles in relation to DISMANTLECON

Version history

June 2024 Rev. 0.1 – Page 2, template and bookmarking updated; no change to content

December 2020 – Initial publication

Summary

This Guidance document provides an overview of the extent to which the new BIMCO Dismantling, Removal and Marine Services Agreement (“DISMANTLECON”) is in line with the IMCA Decommissioning Contracting Principles (IMCA LCIC007) (the “Principles”). DISMANTLECON focuses on the removal and transport aspects of a decommissioning project; it is not intended to address disposal aspects without amendment.

Contents

• Introduction
• Principles in relation to DISMANTELCON
  • Company group and contractor group property and personnel
  • Project works (including both company- and contractor-supplied items)
  • Title
  • Duty holder
  • Company provided information
  • Permits and licences
  • Pollution and contamination
  • Third Parties
  • Consequential losses
  • Gross negligence and wilful misconduct
  • Warranty obligations
  • Limitation of liabilities
  • Minimum insurance requirements
  • Force majeure and suspension
  • Delay
  • Variation orders
  • Free access to work site
  • Intellectual property rights
  • Termination by company for convenience
  • Company’s obligation to pay contractor
  • Operating permits and permits to work
  • Extraordinary risk
  • Anti-corruption
• Summary