As we head into spring, many transportation contractors are working on final details of contract renewals with their school districts. When reviewing terms of a contract, it is easy to glance over the terms that look boilerplate, but can actually have significant ramifications for your operation. One consequential term often found in transportation contracts, as well as many other types of contracts, is indemnity. Although it may seem routine, contractors should understand what indemnity provisi...
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“Hold Harmless”, “Defend”, “Indemnify” … what does it all really mean? This article explains contractual indemnity and will help you understand indemnity clauses. That is, who will be responsible for damages or injuries that may arise from performing the work of the contract?
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