Introduction to JCT Insurances, Bonds and Collateral Warranties Part 2

Suitable for CPD requirements of RICS, CIOB, ICE, and CICES members.

After studying this course, you should be able to:

• Identify the various types of insurance and other protection devices commonly included in JCT construction contracts
• Define and explain the major differences between insurance policies, bonds, guarantees and collateral warranties
• Explain in detail the insurance requirements of the JCT Standard Building Contract (SBC)
• Identify the different types of collateral warranty documents used across the JCT suite

This course is produced by Built Intelligence, in association with Contract & Construction Consultants and Thomson Reuters and is based on the JCT Contracts Discovery published in 2012. Special thanks to Christopher Dean and Lisa Vernon from Contract & Construction Consultants for their contributions.