Article Loss Prevention

Survey of AGS members

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In June last year the AGS Loss Prevention Working Group undertook a survey of AGS members, requesting comments on their recent and current commercial, contractual and legal issues which have affected their organisations in the past 12 months. 17 comments were received which covered a variety of topics.

The members of the LPWG would like to thank all those who submitted their comments. The working group are currently reviewing these comments, and will use them to help guide the LPWG in their choice of topics for future work, including producing Magazine articles and guidance documents.

Six comments were made on issues regarding Professional Indemnity Insurance and cap on liability, in particular the level of PI insurance cover requested, and the ability to obtain such cover at reasonable rates.

Three comments were made on issues regarding the requests from clients for Reassignment and Collateral Warranties, such as unlimited reassignments.

There were two comments about CDM. These related to whether the organisations being requested by the client to be the Principal Contractor were the appropriate organisations to undertake that role and were competent to do so.

Six other comments were received regarding issues relating to the general trading situation. These covered Government u-turns, slow planning decisions, lack of information, increased risk, shorter programmes, increased overheads, insolvency of other companies in the project, overall project management issues, and pay when paid clauses.