BPF launches new form

BPF launches new form - 1992 - Estates Times (1131) 21 February 1992, 3 Contract Journal 362 (5861) 20 February 1992, 4 Building 257 (7734) 28 February 1992, 10(2) .

The BPF has launched a collateral warranty form setting out a standard form of warranty agreement protecting tenants and purchasers. The form has been adopted by the Association of Consulting Engineers, Royal Incorporation of Architects in Scotland. RIBA and the RICS. However the Association of British Insurers has expressed concern that the form does not include liability for economic and consequential loss. Members of the JCT will be asked to adopt the BPF form as the basis of a JCT standard form of warranty.


BPF
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS-CONSTRUCTION COLLATERAL WARRANTY FORMS