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Terrorism claims may bankrupt consultants

Series: New Civil Engineer ; (1524) 25 March 2004, 5(1)Publication details: 2004Subject(s): Summary: The Association of Consulting Engineers has warned that consultants who face resulting claims from building owners over terrorist attacks may be bankrupted. It has written to the construction minister urging him to consider new laws excluding consultants from terrorism related risks. They have also asked him to consider setting up an insurance fund using public and private sector cash to pay claims made by victims of attacks on buildings.

The Association of Consulting Engineers has warned that consultants who face resulting claims from building owners over terrorist attacks may be bankrupted. It has written to the construction minister urging him to consider new laws excluding consultants from terrorism related risks. They have also asked him to consider setting up an insurance fund using public and private sector cash to pay claims made by victims of attacks on buildings.