Securities

Professionally prepared construction agreements encompass various mechanisms for securing claims of the parties. Securities may pertain to payments, proper contract performance, or the execution of warranty claims.

Securities can take different forms. They can be in the form of cash (warranty deposits), financial (bank and insurance guarantees), or assets (pledge, mortgage). Their issuance, implementation, or modification is a rather complex matter requiring careful formal consideration.

We advise our clients on choosing the optimal form of security. We assist in preparing and pursuing requests for changes in the form of security. We provide guidance on the procedures for securing and releasing securities.

tel: +48 535 454 858 | email: finanse@bgbconsult.pl