A step in the right direction
Language: English Series: Building ; 273(8541) 08 August 2008, 41(1)Publication details: 2008Subject(s): Summary: Presents the situation where a bank can step in to ensure a contractor gets paid for a project before it finishes. Shows this as a possibility especially when companies start developments funded by third parties. Describes the procedure, its advantages and disadvantages, and the need for the contractor to examine the terms of the step-in provisions at the outset.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L144842 (Browse shelf(Opens below)) | 1 | Available | 144842-1001 |
Presents the situation where a bank can step in to ensure a contractor gets paid for a project before it finishes. Shows this as a possibility especially when companies start developments funded by third parties. Describes the procedure, its advantages and disadvantages, and the need for the contractor to examine the terms of the step-in provisions at the outset.