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

2

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.

P
M
Consultancy
25%
Finance
25%
Legal Services
25%
Real Estate
25%

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