Satisfaction guarantees
Series: Building ; 265 (8157) 13 October 2000, 84-85(2)Publication details: 2000Subject(s): Summary: A new improved brand of performance bond is now available in the UK for significantly larger sums than was previously the case. Performance bonds for 50%, 80% or even 100% of the contract price are now available from a select group of insurers, and are cheaper than letters of credit. Due to the size of the cover insurers take a much greater interest than before, and are protected by step-in provisions. Also considers the uses of performance bonds.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS63031 (Browse shelf(Opens below)) | 1 | Available | 108957-1001 |
A new improved brand of performance bond is now available in the UK for significantly larger sums than was previously the case. Performance bonds for 50%, 80% or even 100% of the contract price are now available from a select group of insurers, and are cheaper than letters of credit. Due to the size of the cover insurers take a much greater interest than before, and are protected by step-in provisions. Also considers the uses of performance bonds.