JCT Contractor Collateral Warranty for a Funder 2024 (CWa/F)

SKU: 994548
Stock Status: In Stock (Only 2 left)
JCT’s Contractor Collateral Warranty for a Funder is designed for use where a warranty is to be given by the contractor to a separate funder who has entered an agreement with the employer to provide finance for the works.
Description

The Contractor Collateral Warranty for a Funder (CWa/F 2024) can be used with the following JCT 2024 main contracts:

  • Standard Building Contract 2024 (SBC/Q, SBC/XQ, SBC/AQ)
  • Intermediate Building Contract 2024 (IC) and Intermediate Building Contract with contractor’s design 2024 (ICD)
  • Design and Build Contract 2024 (DB)
  • Prime Cost Building Contract 2024 (PCC)

Features of Collateral Warranties:

  • Collateral warranties are used as a supporting document to a primary contract where an agreement needs to be put in place with a third party outside of the primary contract. Sometimes an architect, contractor, or sub-contractor will need to warrant to a funder, tenant or purchaser that it has fulfilled its duties under a building contract.
  • Collateral warranties often contain obligations that affect the consultant or contractor, such as using materials of an appropriate quality, and carrying out work in a professional, workmanlike manner. It can also provide the third-party contractual rights enabling it to claim for losses which would not otherwise be recoverable.
  • JCT does not issue a Consultant Collateral Warranty. You may wish to consider adapting one of the JCT Collateral Warranties or using other suitable forms.
Product Information
ISBN 9780414109124
Publication Status Current
Publication Date 08/21/2024
Author The Joint Contracts Tribunal
Edition 2024 Revised Edition
Format (Paperback, Hardback etc) Paperback
Brand / Publisher JCT
Publisher Sweet & Maxwell
Product Attachments
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