Risk and Insurance Considerations
Rail has been a problematic issue both for developers and their contractors for some years in terms of potential liabilities, difficulties in programming works and the high profile of incidents if anything goes wrong.
This paper explores some of the issues primarily from the point of view of developers and the project insurance that may be available to them. It is not intended to cover off the intricacies of insurance for rail operators themselves or for those contractors actually directly appointed by rail infrastructure owners, where different issues can arise.
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For further information, please contact Andrew Birt, Senior Partner, Construction and Real Estate on +44 (0)20 7528 4927