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Series: Building ; 267(8243) 19 July 2002, 64(1)Publication details: 2002Subject(s): Summary: Reviews a shift towards project insurance as part of an overhaul of the insurance provisions of the JCT standard forms, where rising professional indemnity insurance premiums are adding to consultants' costs. This was recently highlighted as an anomaly in "Co-operative Retail Services Ltd v Taylor Young Partnership" [2002]. Recommendations are for a move towards 'whole-life' insurance that would cover the first 35 years of a building's life, thus bypassing the need for many types of insurance.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS65952 (Browse shelf(Opens below)) | 1 | Available | 119831-1001 |
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Reviews a shift towards project insurance as part of an overhaul of the insurance provisions of the JCT standard forms, where rising professional indemnity insurance premiums are adding to consultants' costs. This was recently highlighted as an anomaly in "Co-operative Retail Services Ltd v Taylor Young Partnership" [2002]. Recommendations are for a move towards 'whole-life' insurance that would cover the first 35 years of a building's life, thus bypassing the need for many types of insurance.