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Format Dx Project Works - Eskom

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• 12 •<br />

SECTION I - CONTRACT WORKS (Continued)<br />

MEMORANDA TO SECTION I ONLY (Continued)<br />

MEMO 1 - SURROUNDING PROPERTY EXTENSION<br />

Subject otherwise to the Exceptions and Conditions of the Policy, the Policy is extended to indemnify the<br />

Insured against loss of or damage to property not otherwise insured by this Section of the Policy which is in<br />

the custody or control of the Insured and arising directly from the performance of the Insured Contract.<br />

Provided that :<br />

a) This indemnity shall not apply to loss or damage for which indemnity is provided for under Section II of<br />

this Policy, nor to any constructional plant, machinery or equipment used or intended for use on the<br />

Contract.<br />

c) The liability of the Insurers under this Extension shall not exceed the sum of R25 000 000.00 (Twenty<br />

Five Million) any one occurrence.<br />

d) The Insurers shall not be liable to indemnify The Employer for any loss or damage for which indemnity is<br />

provided under any other Policy nor shall this Policy be brought into contribution with any such Policy.<br />

MEMO 2 – EMPLOYER’S EXISTING PROPERTY BEING WORKED UPON<br />

Subject otherwise to the Exceptions and Conditions of the Policy, the Policy is extended to indemnify The<br />

Insured against physical loss of or damage to Principal’s existing Property not otherwise insured by this<br />

Section of the Policy which is in the custody or control of The Insured and caused by or arising directly from<br />

the performance of The Insured Contract(s).<br />

Provided that:<br />

a) This indemnity shall not apply to physical loss or damage for which indemnity is provided for under<br />

Section II of this Policy, nor to any constructional plant, machinery or equipment used or intended for<br />

use on The Insured Contract(s).<br />

b) The liability of the Insurer under this Extension shall not exceed the sum of R15,000,000.00 (Fifteen<br />

Million Rand) any one occurrence.<br />

c) This Extension provides primary cover to The Insured as per General Memo 5 – Primary Insurance<br />

clause.<br />

d) This Extension will also apply at any premises within the Territorial Limits for the purpose of repair,<br />

modification, treatment or further work of construction.

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