Canadian Construction Documents Committee (CCDC), standard contracts typically call for project equipment breakdown insurance to be carried jointly in the names of the Owner, Contractor, Subcontractors and Consultants.Course of Construction/Builder’s Risk insurance policies will exclude loss or damage that’s caused by impairment and/or breakdown of building mechanical and electrical equipment. Examples of breakdown include heating, ventilation air conditioning, boilers, pressure vessels, electrical switchgear, or other building systems.On the other hand, Construction Project Equipment Breakdown Insurance Coverage insures against loss or damage arising from the sudden and accidental physical damage to equipment. This then requires its repair or replacement during the course of a building’s construction including the testing and commissioning phase.