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Perhaps the most significant change is the overhaul of the consultant's standard of care. The new clause 3.3.1 requires the consultant to exercise the "".
Because the standard of care is strictly tied to "reasonable skill and care," the contract aligns perfectly with global Professional Indemnity Insurance (PII) requirements.
The 2017 edition shifted toward greater balance between parties, replacing the heavily client-favoring tone of earlier versions.
What of the contract (e.g., liability, payments, termination) needs the most focus?
Part A (Contract Data) and Part B (Special Provisions) used to customize the contract to local laws or specific project requirements.
Divided into Part A (specific references like project duration) and Part B (customized or amended clauses). Appendices: Essential project-specific details including: Appendix 1: Detailed Scope of Services.
Both parties are generally protected against indirect or consequential damages, such as loss of profit or revenue. 3. Variations and Variations Procedure