New risk insurance scheme
New risk insurance scheme
- 1990
- New Civil Engineer no 885, 1/3/90 p14 .
A new form of risk insurance, completion risk insurance , has been launched. The policy provides cover up to £50m against delays to building projects caused by physical damage, technical non-performance, lateness by contractors or suppliers, unforeseen ground conditions, bad weather, sacking of a contractor or force majeure.
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
BUILDING INDUSTRY
COMPLETION
Infrastructure
A new form of risk insurance, completion risk insurance , has been launched. The policy provides cover up to £50m against delays to building projects caused by physical damage, technical non-performance, lateness by contractors or suppliers, unforeseen ground conditions, bad weather, sacking of a contractor or force majeure.
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
BUILDING INDUSTRY
COMPLETION
Infrastructure