Three Main Categories of Indemnification
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Broad-Form Indemnification - indemnifies owner and or Architect-Engineer
against all losses, even when the party indemnified is solely responsible for
the loss
Limited-Form Indemnification - holds owner and Architect-Engineer
harmless against claims caused solely by negligence of the GC or
subcontractor
, Intermediate-Form Indemnification - extends liability to owner and
Architect-Engineer
Limited-Form Indemnification
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holds owner and Architect-Engineer harmless against claims caused solely
by negligence of the GC or subcontractor
Changes
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aka "Change Orders"
changes to construction documents after the bidding process was
completed
Contract Types: Unit-Price
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based on estimated quantities of defined items of work and costs per unit
amount of each of these work items
total sum of money paid to contractor for each work item remains an
indeterminable factor until completion of the project
payment based on units of work actually done and measured in the field
Give this one a try later!
Broad-Form Indemnification - indemnifies owner and or Architect-Engineer
against all losses, even when the party indemnified is solely responsible for
the loss
Limited-Form Indemnification - holds owner and Architect-Engineer
harmless against claims caused solely by negligence of the GC or
subcontractor
, Intermediate-Form Indemnification - extends liability to owner and
Architect-Engineer
Limited-Form Indemnification
Give this one a try later!
holds owner and Architect-Engineer harmless against claims caused solely
by negligence of the GC or subcontractor
Changes
Give this one a try later!
aka "Change Orders"
changes to construction documents after the bidding process was
completed
Contract Types: Unit-Price
Give this one a try later!
based on estimated quantities of defined items of work and costs per unit
amount of each of these work items
total sum of money paid to contractor for each work item remains an
indeterminable factor until completion of the project
payment based on units of work actually done and measured in the field
