template

Professional Consultant's Collateral Warranty (Funder, Buyer Or Tenant Friendly)

by
Genie Team
Genie Team
Sep, 28 2022

When to use this template

A professional consultant will provide a collateral warranty to a funder, purchaser, or tenant. This warranty is suitable for use in a traditional procurement or design and build context.

Key issues covered in this template

  • Amounts payable
  • Binding agreement
  • Client agreement
  • Non-termination
  • Notice period
  • Professional indemnity insurance
  • Project extension
  • Receipt of information
  • Reference to legislation
  • Variations
  • N/A

What to watch out for

  • That the professional consultant has the necessary skills and experience for the project

  • That the professional consultant will be available for the duration of the project

  • That the professional consultant has the necessary insurance cover

  • That the professional consultant has the necessary indemnities in place

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Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

Additional information

Business categories

Business activities

Contract type

Relevant sectors

Real Estate

Construction

Relevant company sizes

1 - 3

4 - 19

20 - 49

50 - 249

250 - 999

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes