WRECKFIXED 2010 is an international wreck removal and marine services agreement based on a fixed price and on the principle of no cure, no pay.
The latest edition of this contract is WRECKFIXED 2010.
Copyright in WRECKFIXED 2010 is held by BIMCO.
WRECKSTAGE 2010 is an international wreck removal and marine services agreement based on payment of a lump sum in stages.
The latest edition of this contract is WRECKSTAGE 2010.
Copyright in WRECKSTAGE 2010 is held by BIMCO.
The following explanatory notes are intended to provide users with guidance as to the nature and extent of changes made to the WRECKFIXED 99 form.
PART I Box Layout
Part II
Clause 1 (Definitions)
Clause 2 (The Services)
Clause 3 (Company Representative)
Clause 4 (Change of Method o...
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Part I
Part I I
Clause 1 - Definition
Clause 2 - The Services
Clause 3 - Company Representative
Clause 4 - Change of Method of Work and/or Personnel, Craft and Equipment
Clause 5 - Miscellaneous
Clause 6 - Permits
Clause 7 - Termination
Clause 8 - Delivery...
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WRECKSTAGE 2024 is a standard wreck removal and services agreement based on payment of a lumpsum in stages. The revised agreement introduces a Risk Allocation Procedure which allows parties to utilise Quantitative Risk Assessment or other bespoke risk allocation during the contracting process and i...
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The introduction of QRA (Quantitative Risk Analysis) into the contracting process for maritime wreck removal operations has prompted a revision of WRECKSTAGE.