Contract Management

A variety of contract management templates covering security, including bonds & guarantees, collateral warranties, plus novation and dispute resolution (appointment of arbitrator or adjudicator).

B141,  advance payment guarantee is for use where a contractor or supplier gets an advance payment, e.g. 20% of the contract price, to buy materials for a project and his bank or a third party guarantees repayment which may be  by deduction from stage payments under the contract.

B149, Parent Company Guarantee is designed mainly for the construction industry and is a fairly balanced guarantee template where a parent company undertakes to make good its subsidiary's default if that occurs during the contract.