Recorded Webinar: Giving Security under Construction Contracts – Some Practical Challenges

This session is designed as an overview of giving security under a construction contract, with a focus on the key practical challenges practitioners need to navigate. It covers:

• Main types of security and associated risks to be considered:

• retention of money
• bank guarantees
• insurance bonds
• related party guarantee
• letters of comfort

• Key challenges and matters to be considered in drafting security clauses
• Aligning type of security with individual circumstances of each case
• When can you have recourse to security?
• Case studies