water and sanitation concession agreement - example 1 annexures ...

i. The policy shall be issued in the joint names of the Council, the Concessionaire, and all Subcontractors to be employed by the
Concessionaire, in respect of their respective rights and interests in the Contract.
ii. The policy shall have a minimum limit of indemnity of [AMOUNT AND CURRENCY] for any one incident.
iii. The policy shall be subject to the normal terms, exceptions, exclusions and conditions applicable to this type of insurance.
iv. The policy shall cover the legal liability of the insured to pay (including claimants costs and expenses) as damages in respect of
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A. death or bodily injury to or illness or disease Contracted by any person;
B. loss or damage to property;
C. interference to property or any right of access, right of air, light, water or way or the enjoyment or use thereof by
construction, trespass, loss of amenities, nuisance or any like cause, happening during the Contract period and arising out
of or in connection with the Contract.
D. The insured Parties shall be the Concessionaire and any Subcontractor and their vagarious liability in respect of
consultants, Subcontractors of any tier and servants, or agents acting on their behalf.
E. The period of cover shall be for 12 (twelve) months and annual renewal thereafter.
c. Professional Indemnity
The policy shall cover legal liability arising as a direct result of a negligent act, or omission arising out of professional duties in
connection with the design and construction of the Works.
d. Employers Liability Cover
The Concessionaire shall keep itself insured against any liability arising and maintain that insurance with respect to all
personnel employed by it for the purposes of the Supply of Water Services and/or operation of the Works in a form complying
with current legislation.
e. Material Damage All Risks
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PPP in Infrastructure Resource Center for Contracts, Laws and Regulations (PPPIRC)
Reviewed: Victoria R. Delmon, LEGPS
http://www.worldbank.org/ppp November 2007