ABSTRACT
Clause 85-Insurance policies 25.30 This clause (intended to be a ‘‘tightening-up’’ of the requirements that existed in previous editions of this contract) sets out the obligations of the Parties in relation to the insurance policies. These Certificates are now required to be presented not just at the outset but upon each annual renewal date as well (85.1):
‘‘Before the Starting Date and on each renewal of the insurance policy until the Defects Date, the Contractor submits to the Project Manager for acceptance Certificates which state that the insurance required by this contract is in force. The certificates are signed by the Contractor’s Insurer or Insurance Broker. A reason for not accepting the Certificates is that they do not comply with this contract’’.
