Parent company guarantees

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What is the difference between joint insured, co-insured and composite insured?In financing and construction documentation for development projects it...
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19th May
Practice notes
The final account in construction and engineering contractsWhat is the final account?The expression 'final account' refers to the consolidated...
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19th May
Practice notes
Quantum in construction claimsThis Practice Note looks at some of the key considerations that may need to be taken into account when a party to a...
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19th May
Practice notes
Prohibited or deleterious materialsWhat are prohibited or deleterious materials?Most building contracts, sub-contracts, consultants’ appointments and...
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19th May
Practice notes
Responsibility for Employer's RequirementsThis Practice Note looks at Employer’s Requirements (also referred to as ERs) within a building contract. It...
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19th May
Practice notes
Step-in rights in a warranty'>collateral warrantyIt is standard practice in construction projects for the contractor, key sub-contractors and...
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19th May
Practice notes
What is a variation on a construction project?A variation (sometimes referred to as a change) is an alteration to the scope of work originally...
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19th May
Practice notes
Target cost contracts on construction projectsWhat is a target cost contract?A target cost contract is a type of cost reimbursable contract under...
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19th May
Practice notes
JCT contracts 2016—reference copiesThis document contains quick links to searchable PDF copies of the JCT 2016 standard form contracts. For our full...
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19th May
Practice notes
Loss and expenseClaims by contractors for loss and expense arising from a disturbance to progress of the works are one of the most debated and...
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19th May
Practice notes
Net contribution clauses in construction contractsThis Practice Note examines net contribution clauses (sometimes known as proportional or...
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19th May
Practice notes
Time at large in construction contractsThis Practice Note examines the concept of ‘time at large’ in relation to the completion of works under a...
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19th May
Practice notes
Sectional completionWhat is sectional completion?Where the construction contract splits the works into sections or parts, usually to be started at...
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19th May
Practice notes
The prevention principleThis Practice Note considers the meaning and nature of the prevention principle and its relevance to delay claims in...
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Produced in partnership with Tim James Seal 19th May
Practice notes
The Notice of AdjudicationProduced in association with 4 Pump CourtA Notice of Adjudication is the first step in commencing an adjudication. This...
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19th May
Practice notes
'Pay when paid' and 'paid when certified' clausesThis Practice Note considers ‘pay when paid’ clauses and ‘pay when certified’ clauses in construction...
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Produced in partnership with Womble Bond Dickinson 19th May

Most recent Parent company guarantees content

Practice notes
Parent company guarantees (PCGs) in constructionIn the construction industry, parent company guarantees (PCGs) are commonly given to the employer by...
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14th Jun
Q&As
Does section 233B of the Insolvency Act 1986 prevent a supplier from calling on a parent company guarantee (or other security) which is triggered by...
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Produced in partnership with Ryan Hocking of Hardwicke Chambers 5th Jun
Precedents
Parent company guarantee—employer friendlyThis Guarantee is made the [insert number] day of [insert month] 20[insert year]Parties1[insert name]...
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Produced in partnership with Peter Jansen of Keystone Law 5th Jun
Precedents
Parent company guarantee from employerThis Guarantee is made the [insert date] day of [insert month] 20[insert year]Parties1[insert name] (Company No....
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5th Jun
Precedents
Parent company guarantee—contractor friendlyThis Guarantee is made the [insert date] day of [insert month] 20[insert month]Parties1[insert name of...
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5th Jun
Practice notes
Parent company guarantees (PCGs) in construction—drafting and negotiation issuesRisk to a parent company of giving a PCGA parent or holding company...
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5th Jun

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