Ƶ

⛪ Subcontractor collateral warranty

A collateral warranty is a written agreement between a contractor and a subcontractor that lists the rights, duties, and obligations of each party. The written agreement also establishes a legal relationship between the parties and can be used as evidence in a court of law.

Note: Working on a legal issue?

⛪ Subcontractor collateral warranty templates

Sub-Contractor Collateral Warranty (To Purchaser/Tenant)

A Sub-Contractor Collateral Warranty (To Purchaser/Tenant) under UK law is a legal template that establishes a contractual agreement between a sub-contractor and a purchaser or tenant in the context of a construction project.

In a construction project, the main contractor usually hires various sub-contractors to perform specific tasks or provide specialized services. The purchaser or tenant, who ultimately benefits from the completed construction project, may require additional protection or assurance beyond the main contractor's contractual obligations. This is where a sub-contractor collateral warranty comes into play.

This legal template aims to outline the terms and conditions under which a sub-contractor guarantees certain obligations to the purchaser or tenant. It ensures that the sub-contractor will rectify any defects or deficiencies in their workmanship, materials, or services, even though they are not directly contracted by the purchaser or tenant.

The sub-contractor collateral warranty often covers areas such as quality, fitness for purpose, compliance with regulations, adherence to specifications, and indemnity against losses or damages arising from the sub-contractor's work. It usually includes provisions for the purchaser or tenant to directly claim against the sub-contractor in case of breach or non-performance of these obligations.

The template also addresses other important aspects such as termination rights, dispute resolution mechanisms, and the assignment of the warranty to subsequent purchasers or tenants.

Overall, this legal template aims to provide additional contractual protection to the purchaser or tenant in a construction project by establishing a direct legal relationship between them and the sub-contractor. It helps mitigate risks and safeguard their interests by ensuring accountability and recourse from the sub-contractor beyond the primary contract between the main contractor and the purchaser or tenant.
Read More

Publisher

Ƶ

Jurisdiction

England and Wales
TEMPLATE
USED BY
100K
RATINGS
4.5
DISCUSSIONS
10

Sub-Contractor Collateral Warranty (To Employer)

The Sub-Contractor Collateral Warranty (To Employer) template, under UK law, is a legal document intended to define the rights and obligations of a sub-contractor towards an employer in a construction project. A collateral warranty is an assurance provided by the sub-contractor to the employer, promising to fulfill certain obligations and responsibilities beyond those mandated by the primary contract.

This template serves as a contractual agreement between the sub-contractor and the employer, outlining various provisions, terms, and conditions. It covers a range of important aspects, such as project specifications, quality standards, completion deadlines, payment terms, liability limitations, and dispute resolution procedures.

The Sub-Contractor Collateral Warranty template aims to protect the interests of the employer by ensuring that the sub-contractor fully shoulders their responsibilities and liabilities. It clarifies that the sub-contractor will be directly liable to the employer for any losses, damages, or defects arising from their work, even if the primary contract is between the employer and the main contractor.

Under UK law, this template includes provisions that comply with legal requirements and regulations specific to the construction industry. It may also include clauses relating to insurance coverage, intellectual property rights, confidentiality obligations, and termination conditions.

Employers often require sub-contractors to sign a Collateral Warranty to mitigate potential risks and ensure that all parties involved in a construction project are bound by the same obligations. This template, specifically designed for the UK, provides a comprehensive framework for structuring and drafting such a Collateral Warranty.
Read More

Publisher

Ƶ

Jurisdiction

England and Wales
TEMPLATE
USED BY
100K
RATINGS
4.5
DISCUSSIONS
10

Associated business activities

Create collateral warranty

A collateral warranty is a contract between two parties that creates a separate and independent agreement from the original contract.

This is some text inside of a div block.

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

See Ƶ in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to:

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.



Click here to book your personalised demo now.