Ask HN: Limitation of liability on a government contract
We're moving into the enterprise space and one of our clients is a federal government (non-US). There are two contracts, one which is services only (consulting & training) and another which is for the enterprise licenses. Right now both are heading towards not having limitations of liability built in. Question: Should we push to cap our liability at the value of contract? How much of a risk is it to enter into a contract without a limitation of liability?
Our legal advice has been that the actual risk is limited and most governments won't agree to limited liability, but we're a bit unsettled with the potential of unlimited liability.
So, anyone else face similar situations? Any advice?
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