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INSURANCE ICC

 


Guide to Uniform Rules for Contract Bonds and Model Forms

The widely acclaimed ICC Uniform Rules for Contract Bonds were developed to regulate the provisions of "conditional" guarantees, and to emphasize that the obligations of a Guarantor were accessory to, and co-extensive with, the obligations of the Contractor/Principal to which the relevant bond relates. The ICC's Guide to the Uniform Rules for Contract Bonds contains an Article-by-Article review of the Rules, through the use of a commentary which clearly explains each provision. The guide also has extensive appendices, which provide detailed model forms of bonds and claims. Written for the practitioner and the student alike, the guide is a highly useful accessory to the rules and an essential addition to the literature on contract bonds. 

No.536