ATTACHMENT 1 INSURANCE DETAILS – Item Policy particulars Insured: Minister for Transport and Infrastructure as Principal all for their respective rights, Project representatives of the Department of Planning, Transport interests and liabilities and Infrastructure, other government agencies and client groups Contractor or Construction Manager Sub-contractor(s) or Trade Contractor(s). Professional Service Contractor(s). Insurer(s): Contract Works Material Damage - Vero Insurance Limited General Liability (Public (Third Party) Liability) - Liberty International Underwriters. Limit of Liability: Material damage to the Works (Contract Works): Limit of Liability for any Contract Works $125,000,000 one Event at any one (other than wet civil works - Worksite $5,000,000) Existing Structures $1,000,000 Constructional Plant and Not insured Equipment (limit any one item) Acquired Constructional $250,000 Plant and Equipment (limit any one item and in the aggregate and one occurrence) Sub-limits of Liability: Removal of debris $12,500,000 These sub-limits will apply Temporary protection $3,750,000 in addition to the above shoring, propping and other Limits of Liability costs Expediting expenses 20% of loss up to maximum $7,500,000 Search and locate costs Not covered fees $10,000,000 Professionals’ Mitigation expenses $5,000,000 Plant hire charges Not covered Claim preparation costs $500,000 Government and other fees $2,500,000 Inflation protection $1,000,000 Sub-limits of Liability: The Off-site storage $5,000,000 following sub-limits are Insured Property whilst in $2,000,000 included within the Limits transit of Liability Aggregate Limit of Liability $125,000,000 per Event for all Damage in respect of Named Cyclone
ATTACHMENT 1 – INSURANCE DETAILS Item Policy particulars Insured: all for their respective rights, interests and liabilities Minister for Transport and Infrastructure as Principal Project representatives of the Department of Planning, Transport and Infrastructure, other government agencies and client groups Contractor or Construction Manager Sub-contractor(s) or Trade Contractor(s). Professional Service Contractor(s). Insurer(s): Contract Works Material Damage - Vero Insurance Limited General Liability (Public (Third Party) Liability) - Liberty International Underwriters. Limit of Liability: Material damage to the Works (Contract Works): Limit of Liability for any one Event at any one Worksite Contract Works $125,000,000 (other than wet civil works - $5,000,000) Existing Structures $1,000,000 Constructional Plant and Equipment (limit any one item) Not insured Acquired Constructional Plant and Equipment (limit any one item and in the aggregate and one occurrence) $250,000 Sub-limits of Liability: These sub-limits will apply in addition to the above Limits of Liability Removal of debris $12,500,000 Temporary protection shoring, propping and other costs $3,750,000 Expediting expenses 20% of loss up to maximum $7,500,000 Search and locate costs Not covered Professionals’ fees $10,000,000 Mitigation expenses $5,000,000 Plant hire charges Not covered Claim preparation costs $500,000 Government and other fees $2,500,000 Inflation protection $1,000,000 Sub-limits of Liability: The following sub-limits are included within the Limits of Liability Off-site storage $5,000,000 Insured Property whilst in transit $2,000,000 Aggregate Limit of Liability per Event for all Damage in respect of Named Cyclone $125,000,000
234_AS2124_Special_Conditions_of_Contract_and_Annexure_April_2017.docx