Limitation of Liability: A Get Out of Jail Free Card or a Death Nail?
It is almost impossible to plan for every eventuality that may occur during the course of a construction project. Projects often run over budget or programme, delays and disruptions occur, and/or political or labour issues transpire. Sometimes these events are brought about due to the fault of a particular party, but other times it is not possible to determine fault. The reality is, no company has unlimited resources (or unlimited insurance cover for that matter) to account for all eventualities in a project.