Vesting Certificates
As a Developer employing Main Contractors and Subcontractors on various projects, we’re regularly asked to make Advanced Payments for materials off-site by our supply chain. We understand the need for this but want to better comprehend how to manage the process and de-risk it.
We put together this scenario to Jason Farnell, Adjudicator and CEDR Accredited Mediator from Commercial Risk Management.