Common Contracts

SUB­CONTRACT LUMPSUM AGREEMENT "S A L V C O N 2 0 0 5"

Sub­contract Lumpsum Agreement • December 14th, 2005

• Contract Type
  Sub­contract Lumpsum Agreement
• Filed
  December 14th, 2005

This Agreement, "SALVCON", is intended to be used by a Salvor working under Lloyd's Form, or similar contract, who wishes to engage additional assistance, but on a Lumpsum, non­award sharing basis, as distinct from the widely used ISU Award Sharing Sub­Contractors Agreement, or the alternative Daily Hire Sub­Contract Agreement "SALVHIRE 2005"