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IMCA standard FPSO contracting principles - DEV imca

Home » Publications » IMCA standard FPSO contracting principles

IMCA standard FPSO contracting principles

Introduction
Finance
Liabilities and indemnities
Overall limit of liability
Insurance
Delay of liquidated damages
Variations and the company’s right to instruct
Relocation and tie in (relevant only to L&O)
Warranty (EPC(I))/repair and maintenance (L&O)
Subcontracts
Force Majeure
Political risks/war risks (L&O)
Acceptance (EPC(I) & & L&O) and payment (EPC(I))/ commencement of hire (L&O)
Off-hire, shutdown and penalties (relevant only to L&O)
Importation
Termination, suspension and step in
Intellectual property and confidentiality
Anti-corruption
Appendix 1: IMCA competition law compliance policy

Reference(s):	IMCA CI 008
Published:	March 2017
Version:	New Publication
Grade:
Category:	Contracts & Insurance

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IMCA standard FPSO contracting principles

Contents