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Protection may be compromised

By: Language: English Series: Estates Gazette ; (0939) 03 October 2009, 105(1)Publication details: 2009Subject(s): Summary: Examines parent company guarantees (PCG) and performance bonds in the construction industry. Explains that they are commonly used but are often rendered worthless. Highlights key issues to consider when reviewing PCG and performance bonds.

Examines parent company guarantees (PCG) and performance bonds in the construction industry. Explains that they are commonly used but are often rendered worthless. Highlights key issues to consider when reviewing PCG and performance bonds.