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The Hold Harmless Agreement for Contractors is essential in modern U.S. construction and contracting relationships to manage risk and liability. This document is typically used when a contractor begins work on a project where there is potential risk of property damage, injury, or other losses. It clearly defines the responsibilities and obligations of all parties involved, specifying who bears the risk in various scenarios. The agreement must comply with state-specific indemnification laws and may need to be customized based on the nature of work, project scope, and specific risks involved. Property owners and general contractors often require this agreement before allowing any work to commence on their projects.
