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Tougher regulation of `on demand bonds` urged

Language: English Series: RICS Press Release ; (PR232.93) 29 November 1993, (2)Publication details: 1993Subject(s): Summary: The RICS calls for tougher controls of `on-demand` performance bonds following a Government decision to discourage use of such bonds in future government contracts.

The RICS calls for tougher controls of `on-demand` performance bonds following a Government decision to discourage use of such bonds in future government contracts.