A collateral warranty subcontractor template for contractors, consultants and subcontractors providing warranties to a third party such as a funder, purchaser or tenant in England & Wales. Used to give third-party beneficiaries (funders, purchasers, tenants) a direct contractual right against a contractor, consultant or subcontractor on a construction project. Covers standard of care, IP licence, step-in rights, insurance, assignment, and limitation period. Supplied as a Microsoft Word document with bracketed placeholders, ready to customise. Legal advice is recommended before signing. You can find a construction lawyer through Libra to draft or review your contract.