CIC has published a new form of collateral warranty. It is for use with design-and-build contracts, where a collateral warranty is to be given by a consultant that has been employed throughout by a design-and-build contract, to the contractor’s employer.
It costs £10 and is only published in electronic format as a pdf file.
In the light of media fears of recession and a credit cruch, do you think this will impact upon the Building-Services industry over the next two years?
