Commercial risk or a matter of trust
McGoldrick, T.
Commercial risk or a matter of trust - 1992 - Cost Engineer 30(2) 1992, 13-15(2) .
Highlights cases where contractors have had to provide bonds as Surety for the completion of their obligations under the contract. Begins by identifying those bonds more commonly used, including tender bonds, advance payment bonds, performance bonds and retention bonds, before looking at the cases in more detail. Fairclough Building Ltd v Cigna Insurance Company of Europe SA; R D Harbottle (Mercantile) Ltd v National Westminster Bank Ltd; I E Contractors Ltd (formerly GKN Contractors Limited) v Lloyds Bank plc and Rafidian Bank; The Wardens and Commonality of the Mystery of Mercers of the city of London v New Hampshire Insurance Company; Costain International Ltd v Davy McKee (London) Ltd and the Standard Chartered Bank, discussed.
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
CONDITIONAL BONDS
DEFAULT BONDS
ON-DEMAND BONDS
VARIATIONS
ZIMCOR INTERNATIONAL
Commercial risk or a matter of trust - 1992 - Cost Engineer 30(2) 1992, 13-15(2) .
Highlights cases where contractors have had to provide bonds as Surety for the completion of their obligations under the contract. Begins by identifying those bonds more commonly used, including tender bonds, advance payment bonds, performance bonds and retention bonds, before looking at the cases in more detail. Fairclough Building Ltd v Cigna Insurance Company of Europe SA; R D Harbottle (Mercantile) Ltd v National Westminster Bank Ltd; I E Contractors Ltd (formerly GKN Contractors Limited) v Lloyds Bank plc and Rafidian Bank; The Wardens and Commonality of the Mystery of Mercers of the city of London v New Hampshire Insurance Company; Costain International Ltd v Davy McKee (London) Ltd and the Standard Chartered Bank, discussed.
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
CONDITIONAL BONDS
DEFAULT BONDS
ON-DEMAND BONDS
VARIATIONS
ZIMCOR INTERNATIONAL