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Environmental Impairment Liability Insurance for the Phoenix 10 Development Project

£466,312

Walsall Metropolitan Borough CouncilZurich Insurance Public Limited Company
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Contract Details

Tender Value
£500,000
Stage
Live
Published
Awarded

Timeline

Awarded
Start
Disclosed
End

Description

As an integral part of the Phoenix 10 Project, Walsall Council is contractually obliged to procure on behalf of itself and Homes England (HE) [jointly 'The Landowners'] and Henry Boot Developments Limited (HBD Ltd) Environmental Impairment Liability Insurance to cover the Phoenix 10 site and development for a total period of 12.5 years or for the remediation period and 10 years following remediation [via a 10-year Initial Period and extension of the period back to 10 years from completion of the remediation works - Extension Period].

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