Bonds and guarantees
CUP Guidance 48
Document Status
Current
Supplement
Construction Management Supplement
Series
CUP Guidance
Abstract
Covers some of the practical considerations when using bonds, the issue of calling on demand and deals with five types of bond or guarantee; unconditional on-demand bonds, performance bonds, parent company guarantees, advance payment bonds, and retention bonds.
History
This document is no longer available from the original publisher therefore the status is unconfirmed.
Subjects
- Contracts
- Legal issues and management
Publisher History
Now part of the Office of Government Commerce, the CUP guidance documents were produced some years ago when CUP formed part of HM Treasury. Since OGC inherited these documents a number of the guides have been withdrawn.
Information
NBS
NBS has produced specification systems and information products for construction industry professionals for more than 40 years. The National Building Specification is the recognised UK national standard and is used by over 5,000 organisations. NBS is part of RIBA Enterprises Ltd.
Accuris
We connect trusted knowledge to customers' workflows – mitigating risk, increasing efficiency and accelerating innovation For more than 60 years, leading R&D and engineering-intensive organizations have relied on us to achieve on-time, on-budget delivery of complex projects and new products. We deliver an unparalleled combination of technical content and Artificial Intelligence (AI) technologies to surface answers from the vast universe of technical knowledge, both inside and outside the organization. In a single interface, we connect the dots between information scattered across many different sources, allowing technical professionals to make better, more informed decisions faster.