Saudi Aramco GI 211.071 SETTLEMENT OF THIRD PARTY LIABILITIES INCURRED WHILE USING COMPANY VEHICLES

This Saudi Aramco General Instruction (GI) manual outlines the definitive procedures and accounting guidelines for settling third-party liabilities arising from motor vehicle accidents involving Company-owned or leased vehicles. It details the process for handling claims, including DIYAH (Blood Money), and establishes that Saudi Aramco Affairs representatives manage these settlements, not the drivers directly.

The instruction covers crucial aspects such as referencing relevant forms and other GIs for reporting accidents and injuries, defining key terms like Authorized Driver and Company Vehicle, and specifying non-payable expenses and departmental corrective actions. It provides a clear framework for accounting for repair costs for both owned and leased vehicles, and outlines the necessary settlement documents and procedures for self-insured claims.

This document is essential for understanding the financial and procedural responsibilities in managing vehicle accident liabilities within the organization. Ideal for accounting managers, risk analysts, legal counsel, and HSE officers working in oil & gas or large corporate entities.