000 01553cam a2200289 4500
001 ABS64852
008 011214n2001 000 0 eng u
035 _a(Sirsi) u116003
100 _aMetzger, D
245 4 _aThe name's bond - adjudication bond
260 _c2001
490 _aBuilding
_v266(8205) 12 October 2001, 52-53(2)
520 _aExamines the development of adjudication bonds in the PFI market as an alternative to on-demand bonds or conditional bonds. The new adjudication bond is in a conditional bond format but does not carry the risk of lengthy delay on claims. Explains the mechanics of adjudication bonds and argues that they do not have to be limited to the PFI market. However, warns that adjudication bonds have often been heavily negotiated on PFI projects, resulting in bespoke documents and that the acceptability of adjudication bonds relies on the immediate enforceability of Construction Act 1996 adjudications.
590 _aABS
650 _aADJUDICATION BONDS
650 _aDISPUTE RESOLUTION
_96236
650 _aFACILITIES MANAGEMENT
_96240
650 _aBUILT ENVIRONMENT-BUILDING CONTRACT FORMS
650 _aMANAGEMENT-DISPUTE AVOIDANCE, MANAGEMENT AND RESOLUTION-DISPUTE MANAGEMENT AND RESOLUTION-ALTERNATIVE DISPUTE RESOLUTION-ADJUDICATION
650 _aHOUSING GRANTS, CONSTRUCTION AND REGENERATION ACT 1996
650 _aPRIVATE FINANCE INITIATIVE
650 _aFACILITIES MANAGEMENT
_96240
650 _aPFI
650 _aPERFORMANCE BONDS
690 _aBUILT ENVIRONMENT
942 _n0
999 _c69115
_d69115