Contractor Indemnification Clause Risks
Summary
The indemnification clause in the contract poses several risks for the contractor, including financial liability for claims and legal fees, unlimited damages not capped by workers compensation, responsibility for property damage, and the need to ensure all personnel are adequately trained and follow safety rules.Full Conversation
What are the risk for contractor
The indemnification clause you've shared poses several risks for the contractor:
- **Financial Liability**: The contractor may need to cover any claims, demands, or losses, including legal fees, even if not at fault.
- **Unlimited Damages**: The obligation to indemnify is not capped by the workers’ compensation or other benefits acts.
- **Property Damage**: Responsibility for any damage to WRA property, regardless of fault.
- **Safety Compliance**: Requirement to ensure all personnel are adequately trained and follow safety rules.
Do you have any particular concerns or need clarification on a specific part of this clause?