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ConfidentialINSURANCE CLAUSES FOR AIRSIDE CONSTRUCTION CONTRACTS WHERE THE AWARDED CONTRACT VALUE DOES NOT EXCEED R150 MILLION, AND THE CONSTRUCTION PERIOD DOES NOT EXCEED 36 MONTHS, AND THE DEFECTS

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What is insurance clauses in construction?

Insurance clauses in construction are provisions included in construction contracts that outline the insurance requirements and responsibilities of parties involved, such as the contractor and the owner.

Who is required to file insurance clauses in construction?

Typically, contractors and subcontractors are required to file insurance clauses in construction as part of their contractual obligations to ensure appropriate coverage throughout the project.

How to fill out insurance clauses in construction?

To fill out insurance clauses in construction, one must provide details such as the type of insurance, coverage limits, policy numbers, and the parties involved in the contract, ensuring all requirements are met as per the contract specifications.

What is the purpose of insurance clauses in construction?

The purpose of insurance clauses in construction is to protect parties against potential risks and liabilities that may arise during the project, ensuring financial coverage for damages, accidents, or other unforeseen incidents.

What information must be reported on insurance clauses in construction?

The information that must be reported includes the names of insured parties, types of coverage, policy limits, effective dates, and any endorsements that may apply to the insurance involved.

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