Local Authority Works

Guarantees for Local Authority Works

Understandably, local authorities are extremely diligent when appointing contractors. They commonly specify that works should be backed by insurance, which will operate in the unlikely event that there is a defect in those works. This is where we come in.

New Builds

Understandably, local authorities are extremely diligent when appointing contractors. They commonly specify that works should be backed by insurance, which will operate in the unlikely event that there is a defect in those works. This is where we come in.

Conversions, Refurbishments and Repairs

The traditional method of dealing with structural and weatherproofing risks is contractual, through collateral warranties. Latent defects insurance impacts significantly on the scope of such warranties. Once the property has been completed, the liability for building, developing, or designing the property does not cease. Latent defects insurance is designed to transfer the ongoing defect risk to an insurer rather than being retained by the parties involved. 

Solution

As specialists in this field, we work with contractors and project managers to put together a competitive insurance guarantee that can be incorporated within the tender to satisfy the requirements of the local authority.

Working with us not only keeps the cost down (increasing the competitiveness of the tender) but also means that you can provide the solution they require (i.e., the right insurance cover and policy details). You also have the benefit of being able to refer them to us if they have any queries on the cover to be provided, which is very useful.

Contact one of our specialists today, we will be happy to help you.

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