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Special Compensation P&I Club clause attached to Lloyd's Open Form (LOF) salvage agreements, replacing the unworkable Article 14 of the Salvage Convention 1989.
Invoked by the salvor when conventional LOF salvage looks unlikely to produce a meaningful award. Activates a fixed daily rate plus tariff for tug, equipment, and personnel. Common in environmental incidents where property salvage is small but pollution prevention is high-value.
Authoritative source: Lloyd's Open Form ↗
Source: Lloyd's Open Form 2020; SCOPIC Clause 2014 (latest revision)
Editorial confidence: how we grade.