Material Liability Agreement between Wellex Coporation and Telocity, Inc. dated October 26, 1999. 1 page
Illinois Material Liability Agreement, also known as the Illinois Materials Liability Act (IMA), is an important legal framework in the state of Illinois that governs the responsibility and liability of individuals or entities for any damages caused during excavation or construction activities. This agreement is crucial for protecting public safety, infrastructure, and ensuring fair compensation for damages or injuries caused by construction-related incidents. Under the Illinois Material Liability Agreement, any person or entity engaged in excavation, construction, or other similar activities that involve the movement or disturbance of earth or other materials must adhere to certain guidelines and assume responsibility for any resulting damages, injuries, or losses. This agreement aims to mitigate risks associated with such activities and ensure accountability for any harm caused to others or public property. The IMA covers a wide range of scenarios, including but not limited to: 1. Excavation-related damages: This includes damages to underground utility lines, public infrastructure, or adjacent private properties resulting from excavation activities such as digging, drilling, trenching, or blasting. 2. Construction-related damages: The agreement also encompasses damages caused during the construction process, including the collapse of structures, falling debris, or accidents involving heavy machinery on construction sites. 3. Adherence to safety regulations: The IMA enforces compliance with safety regulations and guidelines set forth by government authorities, such as obtaining permits, maintaining proper signage, and taking necessary precautions to prevent accidents or injuries. 4. Role of underground utility locators: The agreement highlights the importance of hiring professional underground utility locators to identify and mark the positions of utility lines before any excavation work begins. This helps avoid accidental damages to infrastructure such as gas pipelines, water mains, or electric cables. It is worth noting that while the IMA primarily focuses on excavation and construction-related damages, it does not absolve individuals or entities from other legal obligations, such as acquiring necessary permits and permissions, complying with environmental regulations, or adhering to zoning laws and building codes. Overall, the Illinois Material Liability Agreement plays a crucial role in protecting public safety, minimizing damages, and ensuring fair compensation for any losses resulting from excavation and construction activities.
Illinois Material Liability Agreement, also known as the Illinois Materials Liability Act (IMA), is an important legal framework in the state of Illinois that governs the responsibility and liability of individuals or entities for any damages caused during excavation or construction activities. This agreement is crucial for protecting public safety, infrastructure, and ensuring fair compensation for damages or injuries caused by construction-related incidents. Under the Illinois Material Liability Agreement, any person or entity engaged in excavation, construction, or other similar activities that involve the movement or disturbance of earth or other materials must adhere to certain guidelines and assume responsibility for any resulting damages, injuries, or losses. This agreement aims to mitigate risks associated with such activities and ensure accountability for any harm caused to others or public property. The IMA covers a wide range of scenarios, including but not limited to: 1. Excavation-related damages: This includes damages to underground utility lines, public infrastructure, or adjacent private properties resulting from excavation activities such as digging, drilling, trenching, or blasting. 2. Construction-related damages: The agreement also encompasses damages caused during the construction process, including the collapse of structures, falling debris, or accidents involving heavy machinery on construction sites. 3. Adherence to safety regulations: The IMA enforces compliance with safety regulations and guidelines set forth by government authorities, such as obtaining permits, maintaining proper signage, and taking necessary precautions to prevent accidents or injuries. 4. Role of underground utility locators: The agreement highlights the importance of hiring professional underground utility locators to identify and mark the positions of utility lines before any excavation work begins. This helps avoid accidental damages to infrastructure such as gas pipelines, water mains, or electric cables. It is worth noting that while the IMA primarily focuses on excavation and construction-related damages, it does not absolve individuals or entities from other legal obligations, such as acquiring necessary permits and permissions, complying with environmental regulations, or adhering to zoning laws and building codes. Overall, the Illinois Material Liability Agreement plays a crucial role in protecting public safety, minimizing damages, and ensuring fair compensation for any losses resulting from excavation and construction activities.