000 01166cam a2200253 4500
001 ABS64159
008 000000n2001 000 0 eng u
035 _a(Sirsi) u113351
100 _aCox, R.
245 _aInsurance assurance
260 _c2001
490 _aProperty Week
_v66(24) 15 June 2001, 126(1)
520 _aOutlines the provisions and requirements of inherent defects insurance (IDI) which provides cover for 10-12 years after practical completion against the cost of remedial works necessary due to poor design, materials and workmanship without the need to prove negligence of a third party. The policy, which can be taken out by any party or combination of parties, requires the appointment of an independent consulting engineer, known as the technical auditor (TA), who monitors the project from design though construction and acts as the insurer's risk assessor.
590 _aABS
650 _aDEFECTS
650 _aIDI
650 _aINHERENT DEFECTS
650 _aINHERENT DEFECTS INSURANCE
650 _aRISK ASSESSMENT
650 _aRISK ASSESSORS
650 _aTECHNICAL AUDITORS
690 _aINSURANCE
_96249
942 _n0
999 _c67530
_d67530