IMCA ROV services contracting principles

Contents

• Introduction
• Company Group and Contractor Group Property and Personnel
• Pollution
• Third Parties
• Consequential Loss
• Gross Negligence and Wilful Misconduct
• Warranty Obligations
• Limitation of Liabilities
• Force Majeure and Suspension
• Delay
• Variation Orders
• Intellectual Property Rights
• Termination by Company for Convenience
• Company’s Obligation to Pay Contractor
• Extraordinary Risk
• Breakdown of ROV Equipment
• Special Support for any ROV Entangled, Trapped or Lost
• Special Indemnity for any ROV Entangled, Trapped or Lost
• Contracts (Rights of Third Parties) Act 1999
• Anti-Corruption
• Appendix 1: IMCA competition law compliance policy