Understanding Parent Company Guarantees (PCG's) 

In the volatile landscape of the construction industry, where contractor insolvencies continue to rise at an alarming rate, the importance of financial security measures such as Parent Company Guarantees (PCGs) cannot be overstated. With reports highlighting that construction industry insolvencies are escalating faster than in other sectors in the UK, it's crucial to examine the value and protections offered by PCGs in construction projects.
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