Bonded to performance?

Brewer, G.

Bonded to performance? - 1997 - Contract Journal 389(6136) 30 July 1997, 16(1) .

Considers performance bonds in the case of "Oval 717 Ltd v Aegon", and the implication that the courts will uphold any stipulation within a performance bond requiring that the Surety should be kept informed of the performance of the contractor under the principle contract as a condition precedent to the operation of the bond itself.


ADMINISTRATIVE RECEIVERSHIP
PERFORMANCE BONDS