Insurance required to be incorporated in deal, Civil Engineering

Assignment Help:

Question

Is procurement of third party insurance required to be incorporated in deal for construction works?


Answer


Purpose of third party insurance is to guard contractors from bankruptcy in case there are severe accidents happened to third party due to construction work. Then, in government contracts, contractors are requested contractually to secure third party insurance from origination of contract until end of preservation Period. If contractors have financial ability to handle the claims because of accidents to third party, client is not bound to include this necessity in contract.

 


Related Discussions:- Insurance required to be incorporated in deal

Contours, how can you draw contours of a non square grid?

how can you draw contours of a non square grid?

Joints in concrete carriageway, Question Is it necessary joints of conc...

Question Is it necessary joints of concrete kerbs be in line with joints in concrete carriageway ? Answer In regular practice, joints are provided in road kerbs to ca

Advantages of casings for mini-piles, Question Advantages of casings ...

Question Advantages of casings for mini-piles ? Answer Left-in casings for mini-piles have next advantages as follows- (i) recover resistance to corrosion of ma

Explain strain compatibility in mini-piles, Q. Explain Strain compatibility...

Q. Explain Strain compatibility in mini-piles? In designing the axial capacity of mini-piles, grout can be taken into account in the contribution of axial load capacity. Though

Dynamics202, Determine the minimum speed of the stunt rider, so that when h...

Determine the minimum speed of the stunt rider, so that when he leaves the ramp at A he passes through the center of the hoop at B. [5 Points] 2. How far h should the landing ramp

Foundation, write the types of foundation for black cotton soil and exxplin...

write the types of foundation for black cotton soil and exxplin with drowing?

Define sample collection - clean water act, Define Sample Collection - Clea...

Define Sample Collection - Clean Water Act? The collection of the sample is able to have significant effects on the complete analytical process. Additionally, to make sure some

Draw sketch for track in a cutting on a mainline route, Q. Draw a neat dim...

Q. Draw a neat dimensioned cross-sectional sketches of a - i. New single Line B.G. track in a cutting on a mainline route. ii. New double Line B. G. track on a trunk route ha

Why we use air valves, Q. Why we use Air Valves? Air Valves - Air valve...

Q. Why we use Air Valves? Air Valves - Air valves of proper size and pressure rating at summits. Air valves ensure the safety of the pipe line against collapse when at points o

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd