In general conditions, what must be provided for the contractor and owner in construction?

In construction contracts, the general conditions often outline specific requirements that both the contractor and the owner must adhere to throughout the project. Among these, insurance requirements are critical. They ensure that both parties are financially protected against various risks that could occur during the project, such as accidents, property damage, and unforeseen liabilities.

The inclusion of insurance requirements in the general conditions serves multiple purposes. It sets clear expectations for coverage types and limits, which helps to mitigate risks associated with construction activities. This not only provides security for the contractor in terms of recovering losses but also protects the owner’s interests by ensuring that quality work is completed without severe financial implications from potential damages or accidents.

By clearly stating these requirements, the general conditions facilitate effective risk management throughout the course of the project, helping to prevent disputes related to insurance claims and coverage gaps as the work progresses.