Format Dx Project Works - Eskom
Format Dx Project Works - Eskom
Format Dx Project Works - Eskom
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LIMITS OF INDEMNITY:<br />
• 5 •<br />
THE SCHEDULE (Continued)<br />
Unless otherwise agreed the Insurers Liability at any one contract site shall not exceed:<br />
SECTION I - CONTRACT WORKS<br />
R350,000,000.00 (Three Hundred and Fifty Million Rand) ) any occurrence or series of<br />
) occurrences arising out of<br />
) one event (exclusive of<br />
) limits provided elsewhere<br />
) in the Policy)<br />
Should the value of the Property Insured exceed the Limit of Indemnity during the course of the Contract(s),<br />
the Limit of Indemnity shall be deemed to be increased by an amount not exceeding 30% thereof.<br />
HOT TESTING AND COMMISSIONING PERIOD<br />
90 (Ninety) days (not necessarily consecutive)<br />
Definitions of Cold Testing, Hot Testing & Commissioning<br />
For the purposes of this Policy, Cold Testing, Hot Testing and Commissioning shall be understood as<br />
follows:-<br />
Cold Testing<br />
The checking of component parts of insured plant or machinery by mechanical, electrical, hydrostatic or<br />
other forms of testing under dry run conditions to ensure that the items work, but without firing of furnaces or<br />
the application of direct or indirect hear, the use of feedstock or other materials for processing or, in the case<br />
of electrical motors, electrical generating, transforming, converting, or rectifying plant or machinery,<br />
connection to a grid or other load circuit.<br />
Hot Testing<br />
The checking of component parts of insured plant or machinery or a component part thereof under load or<br />
operational conditions, including the use of feedstock or other materials for processing or other media to<br />
simulate working conditions and in the case of electrical motor, electrical generating, transforming,<br />
converting or rectifying plant or machinery, connection to a grid or other load circuit.<br />
Commissioning<br />
The operation of an insured plant or machinery with feedstock or other materials for processing, or in the<br />
case of electrical motors, electrical generating, transforming, converting or rectifying plant or machinery,<br />
connection to a grid or other load circuit under production conditions to attempt to attain specification<br />
requirements and/or training operational personnel.