Doubts raised on the validity of construction and payment guarantees

It has become common practice in the building industry for contractors to provide employers with a construction guarantee. These guarantees, which are defined as being on call or on demand, usually provide that a certificate issued by the agent or the principal agent will provide conclusive proof th...

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Bibliographic Details
Main Author: Tinus Maritz
Format: Article
Language:English
Published: University of the Free State 2011-06-01
Series:Acta Structilia
Subjects:
Online Access:http://journals.ufs.ac.za/index.php/as/article/view/109