Author: Griffiths & Armour
1st December 2015
First published: 1st December 2015
Standard: £9 + VAT
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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.
The sixth part of our series from insurance broker Griffiths & Armour focuses on problematic projects and clients.
In the first of a new series from insurance broker Griffiths & Armour examining
contractual risks and liability claims, we look at design defects and ways to avoid them.