Insurance types, terms 18 Minimum Permitted cover each deductible COVER and every each and Period claim every occurrence Annually renewable From start to completion of the € € Professional Indemnity policy, Services; and six years from certified against liability for losses due or 1.5% of substantial completion of the Project to professional negligence gross fee works subject to reasonable adjustment turnover, of cover for any exceptional increases in whichever is insurance market rates. greater up to a maximum of €150,000 Public Liability for death, From start to completion of the € € personal injury [except EL, next Services. type]; loss of, damage to, property; with indemnity to the Client as principal Liability for death, None From start to completion of the Employers’ € injury, to employees Services. Insurance of plans, documents None From start to completion of the € Services. 4. PROGRESS, PERIODS Total Performance Period 4 The Total Performance Period is starting on the day the Parties made the Contract. 7. COORDINATION Facilities from the Client 5 resident staff 6 Client’s Team Leader 11 The Consultant team leader. 10. DEBTS TO CLIENT Interest 4 The rate of interest payable on wrongful deduction is p.a. Client’s 12. BUDGETARY CONTROL Excess Percentage 2 'Excess Percentage' means the percentage [if any] in excess of % of the tendered amount accepted by the Client for the Project construction by which that amount is above or below the last estimate approved by the Client before giving permission to start Stage (iii).
18 Insurance types, terms COVER Minimum cover each and every claim Permitted deductible each and every occurrence Period Annually renewable Professional Indemnity policy, against liability for losses due to professional negligence € € or 1.5% of gross fee turnover, whichever is greater up to a maximum of €150,000 From start to completion of the Services; and six years from certified substantial completion of the Project works subject to reasonable adjustment of cover for any exceptional increases in insurance market rates. Public Liability for death, personal injury [except EL, next type]; loss of, damage to, property; with indemnity to the Client as principal € € From start to completion of the Services. Employers’ Liability for death, injury, to employees € None From start to completion of the Services. Insurance of plans, documents € None From start to completion of the Services. 4. PROGRESS, PERIODS 4 Total Performance Period The Total Performance Period is starting on the day the Parties made the Contract. 7. COORDINATION 5 Facilities from the Client 6 Client’s resident staff 11 Team Leader The Consultant team leader. 10. DEBTS TO CLIENT 4 Interest The rate of interest payable on Client’s wrongful deduction is p.a. 12. BUDGETARY CONTROL 2 Excess Percentage 'Excess Percentage' means the percentage [if any] in excess of % of the tendered amount accepted by the Client for the Project construction by which that amount is above or below the last estimate approved by the Client before giving permission to start Stage (iii).
FTS9-v1.7-30-06-2016.docx