Trade Contractor Collateral Warranty (To Purchaser)
Publisher one
Genie AIJurisdiction
England and WalesRelevant sectors
Type of legal document
🏠 Collateral warrantyBusiness activity
Create collateral warrantyA collateral warranty is a separate agreement between the contractor and the employer that sets out additional terms and conditions relating to the works. The collateral warranty will often contain provisions relating to the quality of the works, the performance of the contractor, the liability of the contractor, and the indemnity of the employer. The collateral warranty will also contain a clause specifying that the agreement is collateral to the main contract and that it will remain in force even if the main contract is terminated.
This legal document serves as a guarantee to the purchaser that the trade contractor will fulfill their obligations and responsibilities agreed upon in the main contract. It provides assurances to the purchaser that the trade contractor will perform their work with reasonable care, skill, and in compliance with all relevant laws, regulations, and industry standards.
The template includes crucial provisions such as the scope of work and services to be provided, the timeline for completion, liability and indemnity clauses, terms for defects liability and rectification, and any specific warranties or guarantees related to the work. It also covers provisions regarding insurance and the resolution of disputes, including mechanisms for arbitration or mediation.
The Trade Contractor Collateral Warranty (To Purchaser) under UK law is designed to protect the interests of the purchaser in case the main contract between the employer and the trade contractor does not cover all the necessary obligations, risks, and responsibilities. By obtaining this collateral warranty, the purchaser gains an additional level of security and legal recourse in case of any breaches or defects that may arise during or after the construction process.
It is important to note that this legal template is specific to the UK jurisdiction and should be reviewed and customized by legal professionals to cater to the specific requirements of the trade contract and the parties involved.
How it works
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
Book your personalised demo now
Similar legal templates
Software Development Contract (Pro-Supplier)
This contract template outlines the terms and conditions of the software development project, ensuring clarity and defining the obligations and responsibilities of both parties involved. It covers various key aspects including the scope of work, deliverables, timelines, payment terms, intellectual property rights, confidentiality, liability, dispute resolution, and termination clauses.
The primary focus of this contract is to protect the interests of the software development supplier by clearly defining the services to be provided, ensuring timely payments, establishing ownership and protection of intellectual property rights, and limiting any potential liabilities. It offers provisions that enable the supplier to maintain control over the project and minimize risks associated with non-payment, project scope changes, or unauthorized use of their work.
By utilizing this legal template, software development suppliers operating in the UK can establish a legally binding agreement with their clients that sets forth clear guidelines and expectations, helping to mitigate potential disputes or disagreements throughout the course of the project.
Publisher
Genie AIJurisdiction
England and WalesSite Engineer Contract
This Site Engineer contract template is designed for a commercial site engineering organisation (or an individual site engineer) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of site engineering and site-engineering-related services to be completed by the site engineer on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the site engineering firm or individual site engineer on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
