IMCA renewables contracting principles
- Informative Guidance
- Revision 3.1 - December 2022
This document outlines guidelines to achieve fair risk allocation in offshore renewable projects.
Contents
Introduction and purpose of contracting principles
Terminology
Underlying objectives
General principles
Performance standards/employer provided information/permits
Vessel spreads
Risk and liabilities
Employer's risk (unavailability of resources, suspension and termination)
Revision
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Rev. 3.1 - June 2024Page 2, template and bookmarking updated; no change to content
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Rev. 3 - December 2022Thoroughly revised and recoded as LCIC series
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Rev. 2 - March 2017To include new definitions for gross negligence, wilful misconduct and senior supervisory personnel, and to add a revised anti-corruption clause
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Rev. 1 - December 2015To include the updated IMCA competition law compliance policy
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Rev. 0 - July 2015Initial publication