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ICE news

The ICE Conditions of Contract Standing Joint Committee has made an important amendment to the ICE Form of Bond. The ICE bond is a non-default bond which the employer can call on when the contractor seriously defaults on the contract. The amendment applies to the Measurement Version 7th Edition (September 1999), reprinted with amendments January 2003, the Design and Construct 2nd Edition (September 2001), and the Term Version 1st Edition (September 2002). It is recommended that this ...

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