The future for performance bonds

Brewer, G.

The future for performance bonds - 1995 - CSM (Chartered Surveyor Monthly) 4(6) April 1995, 36-37(2) .

Discusses "Trafalgar House Construction (Regions) Ltd v General Surety and Guarantee Co Ltd", which concerned the claim on a performance bond issued in favour of a sub-contractor, the assessment of the amount payable and the requirement of proof of damages. The second case examined is "Perar BV v General Surety and Guarantee Co Ltd" (1994), which illustrates the surety`s tactic of highlighting dispute between the employer and contractor as to whether a default has occurred.


CONDITIONAL BONDS
DRAFTING
ON DEMAND BONDS
PERFORMANCE BONDS
PLAIN ENGLISH
TRADE INDEMNITY WORKINGTON HARBOUR AND DOCK BOARD