Bank. Also, the liability should never be limited for loss Consultant’s or damage caused by the gross negligence or willful Consultant’s misconduct. The Bank does not accept a provision to the effect that the Client shall indemnify and hold harmless the Consultant against Third Party claims, except, of course, if a claim is based on loss or damage caused by a default or wrongful act of the Client to the extent permissible by the law applicable in the country.] Client’s 24.1 The insurance coverage against the risks shall be as follows: [Delete what is not applicable except (a)]. (a) Professional liability insurance, with a minimum coverage of ______________________ [insert amount and currency which should be not less than the total ceiling amount of the Contract]; (b) Third Party motor vehicle liability insurance in respect of motor vehicles operated in the country by the Consultant or its Client’s Experts or Sub-consultants, with a minimum coverage of [insert amount and currency or state accordance with the applicable “in law in the Client’s country”]; (c) Third Party liability insurance, with a minimum coverage of [insert amount and currency or state accordance with the “in applicable law in the Client’s country”]; (d) liability and compensation insurance in employer’s workers’ respect of the experts and Sub-consultants in accordance with the relevant provisions of the applicable law in the country, Client’s as well as, with respect to such Experts, any such life, health, accident, travel or other insurance as may be appropriate; and (e) insurance against loss of or damage to (i) equipment purchased in whole or in part with funds provided under this Contract, (ii) the property used in the performance of the Services, Consultant’s and (iii) any documents prepared by the Consultant in the performance of the Services. 27.1 [If applicable, insert any exceptions to proprietary rights provision____________________________________] 27.2 [If there is to be no restriction on the future use of these documents by
Bank. Also, the Consultant’s liability should never be limited for loss or damage caused by the Consultant’s gross negligence or willful misconduct. The Bank does not accept a provision to the effect that the Client shall indemnify and hold harmless the Consultant against Third Party claims, except, of course, if a claim is based on loss or damage caused by a default or wrongful act of the Client to the extent permissible by the law applicable in the Client’s country.] 24.1 The insurance coverage against the risks shall be as follows: [Delete what is not applicable except (a)]. (a) Professional liability insurance, with a minimum coverage of ______________________ [insert amount and currency which should be not less than the total ceiling amount of the Contract]; (b) Third Party motor vehicle liability insurance in respect of motor vehicles operated in the Client’s country by the Consultant or its Experts or Sub-consultants, with a minimum coverage of [insert amount and currency or state “in accordance with the applicable law in the Client’s country”]; (c) Third Party liability insurance, with a minimum coverage of [insert amount and currency or state “in accordance with the applicable law in the Client’s country”]; (d) employer’s liability and workers’ compensation insurance in respect of the experts and Sub-consultants in accordance with the relevant provisions of the applicable law in the Client’s country, as well as, with respect to such Experts, any such life, health, accident, travel or other insurance as may be appropriate; and (e) insurance against loss of or damage to (i) equipment purchased in whole or in part with funds provided under this Contract, (ii) the Consultant’s property used in the performance of the Services, and (iii) any documents prepared by the Consultant in the performance of the Services. 27.1 [If applicable, insert any exceptions to proprietary rights provision____________________________________] 27.2 [If there is to be no restriction on the future use of these documents by
WB_SRFP_(Oct_2011).docx