Managing risk and contractual liability. Part 11: Net contribution and limitations of liability

Author: Griffiths & Armour

Date published

2 November 2015

First published: 2 November 2015

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Members/Subscribers: Free

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Managing risk and contractual liability. Part 11: Net contribution and limitations of liability


The Structural Engineer
Managing risk and contractual liability. Part 11: Net contribution and limitations of liability
Date published

2 November 2015

Author

Griffiths & Armour

Price

Standard: £9 + VAT
Members/Subscribers: Free

First published

2 November 2015

Buy Now
Author

Griffiths & Armour

This month's article from Griffiths & Armour explains the benefits of net contribution clauses (NCCs) and clauses which limit an engineer's liability.

The intention behind an NCC is for an engineer’s liability in a multi-party dispute to be limited to an equitable proportion of any losses. It seeks to modify the effects of joint and several liability, a principle which otherwise applies in circumstances where more than one party is liable to the same claimant for the same loss.

Additional information

Format:
PDF
Pages:
3
Publisher:
The Institution of Structural Engineers

Tags

Managing risk & contractual liability Professional Guidance Issue 11

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