Payment bond
Language: English Series: Chartered Surveyor Weekly ; 40(3) 16 July 1992, 50-51(2)Publication details: 1992Subject(s): Summary: In "The Mercers Company v New Hampshire Insurance Co", CA 12 May 1992, it was held that a non-repudiatory and unsubstantial breach of a building contract by the employers does not wholly or partly discharge a surety from its joint and several liability under an advance payment bond to repay to the employers unearned advance payments made to the contractor.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2828-14 (Browse shelf(Opens below)) | 1 | Available | 59687-1001 |
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| WB2828-10 Lifts and escalators | WB2828-11 Asbestos rules | WB2828-12 Mechanical ventilation | WB2828-14 Payment bond | WB2828-15 Canary Wharf | WB2828-16 Church property investments | WB2828-17 New lease of life |
In "The Mercers Company v New Hampshire Insurance Co", CA 12 May 1992, it was held that a non-repudiatory and unsubstantial breach of a building contract by the employers does not wholly or partly discharge a surety from its joint and several liability under an advance payment bond to repay to the employers unearned advance payments made to the contractor.