Article 652. Distribution of risk under the construction contract of the Civil Code of the Republic of Kazakhstan
1. In the event of destruction or damage to the construction site due to force majeure before the expiration of the deadline set by the contract for the completion of work, the customer is obliged, unless otherwise provided by the contract, to pay the cost of the completed and (or) restoration work.
2. Unless otherwise provided by legislative acts or the contract, the risk of accidental impossibility of execution of works before their delivery is borne by the customer.
3. The risk of accidental increase in the cost of work is borne by the contractor.
4. The contract may provide for the transfer of all possible construction risks to the contractor (turnkey construction).
5. The contract may provide for insurance of the contractor's risks. In this case, the insurance costs are included in the construction costs, which are taken into account when determining remuneration for the work performed.
President
Republic of Kazakhstan
© 2012. RSE na PHB "Institute of Legislation and Legal Information of the Republic of Kazakhstan" of the Ministry of Justice of the Republic of Kazakhstan
Constitution Law Code Standard Decree Order Decision Resolution Lawyer Almaty Lawyer Legal service Legal advice Civil Criminal Administrative cases Disputes Defense Arbitration Law Company Kazakhstan Law Firm Court Cases
