Excepted risk - Revision history

Designing Buildings at 13:00, 20 October 2020

2020-10-20T13:00:43Z

← Older revision		Revision as of 13:00, 20 October 2020
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	The cost of rectifying damage caused by such risks is generally borne by the employer, although there is usually provision for the apportionment of rectification costs where the cause is contributed to by both an excepted risk and one for which the contractor is responsible.		The cost of rectifying damage caused by such risks is generally borne by the employer, although there is usually provision for the apportionment of rectification costs where the cause is contributed to by both an excepted risk and one for which the contractor is responsible.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki: =
−		+
−	=== Related articles on Designing Buildings Wiki: ===	+

	* Alternative Dispute Resolution legislation.		* Alternative Dispute Resolution legislation.
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	* ‘Construction Insurance and UK Construction Contracts’ (2nd ed.), LEVINE, M., TER HAAR, R., Informa Law (2008)		* ‘Construction Insurance and UK Construction Contracts’ (2nd ed.), LEVINE, M., TER HAAR, R., Informa Law (2008)

−	[[Category:~~Case_law~~]] [[Category:~~DCN_Case_Law~~]] [[Category:~~Other_legislation~~]] [[Category:~~DCN_Legislation~~]] [[Category:Property_law]] [[Category:Contracts_/_payment]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Case_law]] [[Category:Other_legislation]] [[Category:Property_law]] [[Category:Contracts_/_payment]]

Editor at 09:52, 29 June 2017

2017-06-29T09:52:57Z

← Older revision		Revision as of 09:52, 29 June 2017
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	* Insurance.		* Insurance.
	* Joint names policy.		* Joint names policy.
		+	* Misrepresentation and insurance.
	* Specified perils in construction contracts.		* Specified perils in construction contracts.

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	* ‘Construction Insurance and UK Construction Contracts’ (2nd ed.), LEVINE, M., TER HAAR, R., Informa Law (2008)		* ‘Construction Insurance and UK Construction Contracts’ (2nd ed.), LEVINE, M., TER HAAR, R., Informa Law (2008)

−	[[Category:Case_law]] [[Category:Other_legislation]] [[Category:Property_law]] [[Category:Contracts_/_payment]]	+	[[Category:Case_law]] [[Category:DCN_Case_Law]] [[Category:Other_legislation]] [[Category:DCN_Legislation]] [[Category:Property_law]] [[Category:Contracts_/_payment]]

Editor at 13:55, 29 January 2016

2016-01-29T13:55:57Z

← Older revision		Revision as of 13:55, 29 January 2016
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	* Defect.		* Defect.
	* Insurance.		* Insurance.
−	* Joint ~~name~~ policy.	+	* Joint names policy.
	* Specified perils in construction contracts.		* Specified perils in construction contracts.

Editor: Created page with "Insurance provides third-party protection against risks. Risks on construction projects can be significant, and so insurance is very common, providing protection both for the ins..."

2016-01-29T13:55:08Z

Created page with "Insurance provides third-party protection against risks. Risks on construction projects can be significant, and so insurance is very common, providing protection both for the ins..."

New page

Insurance provides third-party protection against risks. Risks on construction projects can be significant, and so insurance is very common, providing protection both for the insured, and for the party to whom the insured has a liability.

Many standard forms of construction contract include a requirement for insurance to be taken out by the parties to the contract. Policies may be taken out by the contractor or by the client depending on the form of contract and the options selected, but they will generally be in the form of a ‘joint names policy’ in the names of both the contractor and the client. This gives both parties their own rights to claim against the insurer. Other parties, such as funders may also be added as a joint name.

Insurance policies may cover all risks, or may be restricted to certain ‘specified perils.’ However, in either case, there may be ‘excepted risks’, for which insurance is not required (because it will usually be unobtainable).

Excepted risks might include:

* The use or occupation of the works by the employer, its agents, servants or contractors.
* Any fault, defect, error or omission in the design of the works (other than design provided by the contractor).
* Riot, war, invasion, act of foreign enemies or hostilities.
* Civil war, rebellion, revolution, insurrection or military or usurped power (not including terrorism).
* Radiation or contamination by radioactivity.
* Pressure waves caused by aircraft or other aerial devices travelling at sonic or supersonic speeds.

The cost of rectifying damage caused by such risks is generally borne by the employer, although there is usually provision for the apportionment of rectification costs where the cause is contributed to by both an excepted risk and one for which the contractor is responsible.

= Find out more =

=== Related articles on Designing Buildings Wiki: ===

* Alternative Dispute Resolution legislation.
* Compensation event.
* Contract conditions.
* Cost reimbursable contract.
* Defect.
* Insurance.
* Joint name policy.
* Specified perils in construction contracts.

=== External references ===

* ‘Construction Insurance and UK Construction Contracts’ (2nd ed.), LEVINE, M., TER HAAR, R., Informa Law (2008)

[[Category:Case_law]] [[Category:Other_legislation]] [[Category:Property_law]] [[Category:Contracts_/_payment]]