Superyacht Refit Group Contract, Guidance & Code of Practise

Superyacht Refit Contract

The ICOMIA Superyacht Refit Group offers its clients a Standard Framework Contract that prominent international marine lawyers have developed. The contract addresses matters such as performance, subcontracting, redelivery, liability, warranty and insurance.

Known to many leading yacht management companies and marine lawyers, the ICOMIA Superyacht Refit Group Standard Framework Contract speeds up the process of contractual settlement. It is the industry standard.

Guide for Using the Superyacht Refit Contract

If you are considering a refit of your large yacht, you will want to know you can trust your shipyard to deliver the best industry quality standards produced under the reassurance of a framework of best industry practices. Shipyards in the ICOMIA Superyacht Refit Group are a select group that follow a strict Code of Practice and utilise a specialised contract to bring peace of mind to the customer. You can download this below.

PLEASE NOTE:

The main part of the contract is secured; therefore, please do not amend this part so we can maintain its integrity and ensure we do not have multiple versions in circulation.

Please place any yard-specific variations in the newly worded Schedule 1.  Some of these may be permanent changes for your yard and others specific to the current contract.  The Schedules are not secured and are open to amendment to meet your specific requirements or indeed deletion.

Take a look at the Guide for Yacht Owners and Representatives using the ICOMIA Superyacht Refit Contract, now updated to include an explanation of the differences between the 6th and 7th editions of the contract.

Code of Practice

All yard members of the ICOMIA Superyacht Refit Group conform to a unique Code of Practice that brings certainty to your refit and eases the owner’s concerns on how their yacht’s refit will be managed and the quality that will be achieved.

ICOMIA Superyacht Refit Group’s Code of Practice ensures that our yard members develop and maintain relationships, certainty, performance and confidence.

The Code of Practice sets out the values and practices of the group. Certain client issues are mandatory, such as insurance, warranty, transparency, environmental practices, customer satisfaction and €10 million liability.