SPCB Written Question · S1W-19154 · Session 1
Whether there was a performance bond or guarantee given by Flour City Architectural Metals Ltd (UK) in respect of the contract that it was …
The question
To ask the Presiding Officer whether there was a performance bond or guarantee given by Flour City Architectural Metals Ltd (UK) in respect of the contract that it was awarded.
The answer
Flour City Architectural Metals (UK) Ltd was contractually obliged to submit a performance bond, but failed to do so. This transgression by the contractor led to the issue of a "notice of failure". A parent company guarantee was provided only days before the company became insolvent.
In the Official Report
No contribution in the Official Report cites S1W-19154 by reference.