Common use of Contractor’s Risks Clause in Contracts

Contractor’s Risks. 8.1 All risks of loss or damage to physical property and of personal injury and death which arise during and in consequence of the performance of the Contract are the responsibility of the Contractor. 8.2 All risks and consequences arising from the inaccuracies or falseness of the documents and/or information submitted by the contractor shall be the responsibility of the Contractor alone. 8.3 No claim will be entertained if total value of work done during the contract period, is less than the probable amount of contract. However, the amount of contract may be, enhanced with mutual consent, if required.

Contractor’s Risks. 8.1 All risks of loss or damage to physical property and of personal injury and death which arise during and in consequence of the performance of the Contract are the responsibility of the Contractor. 8.2 All risks and consequences arising from the inaccuracies or falseness of the documents, drawing, designs, other documents and/or information submitted by the contractor shall be the responsibility of the Contractor alone, notwithstanding the fact that the designs/ drawings or other documents have been approved by the department. 8.3 No claim will be entertained if total value of work done during the contract period, is less than the probable amount of contract. However, the amount of contract may be, enhanced with mutual consent, if required.

Contractor’s Risks. 8.1 All risks of loss or damage to physical property and of personal injury and death which arise during and in consequence of the performance of the Contract are the responsibility of the ContractorContractor alone. 8.2 All risks and consequences arising from the inaccuracies or falseness of the documents, drawing, designs, other documents and/or information submitted by the contractor shall be the responsibility of the Contractor alone, notwithstanding the fact that the designs/ drawings or other documents have been approved by the IDA. 8.3 No claim will be entertained if total value of work done during the contract period, is less than the probable amount of contract. However, the amount of contract may be, enhanced with mutual consent, if required.