The future for performance bonds
Language: English Series: CSM (Chartered Surveyor Monthly) ; 4(6) April 1995, 36-37(2)Publication details: 1995Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS52658 (Browse shelf(Opens below)) | 1 | Available | 89140-1001 |
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.