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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Format: | Article |
Language: | English |
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University of the Free State
2011-06-01
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Series: | Acta Structilia |
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Online Access: | http://journals.ufs.ac.za/index.php/as/article/view/109 |