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New risk insurance scheme

Language: English Series: New Civil Engineer ; no 885, 1/3/90 p14Publication details: 1990Subject(s): Summary: A new form of risk insurance, completion risk insurance , has been launched. The policy provides cover up to £50m against delays to building projects caused by physical damage, technical non-performance, lateness by contractors or suppliers, unforeseen ground conditions, bad weather, sacking of a contractor or force majeure.

A new form of risk insurance, completion risk insurance , has been launched. The policy provides cover up to £50m against delays to building projects caused by physical damage, technical non-performance, lateness by contractors or suppliers, unforeseen ground conditions, bad weather, sacking of a contractor or force majeure.