Confederation of Construction Specialists
Certificate of Vesting
For use when a specialist sub contractor is to be paid for
goods or materials held by him off-site. The Certificate provides
the specialist with a reasonable document to put forward,
and should provide a useful counter to the various non
standard – and often potentially onerous – versions which
may often be foisted on the specialist.
The CCS Certificate of Vesting (to be signed by the specialist)
confirms that goods or materials described on an attached
schedule are held at the specialist’s works, are substantially
complete, are intended for delivery to the site, do
not have any ownership problems, are insured,
and are marked and set aside.
This clear undertaking should satisfy the reasonable requirements
of employers, main contractors, QSs or other interested
parties. The Certificate also confirms that the goods
or materials will pass into the legal ownership of the designated
recipient as soon as the specialist receives payment,
and the various undertakings from the specialist are given in
consideration of and conditional on the receipt of payment by
the specialist. The CCS Certificate of Vesting provides a
useful document for all specialist companies which seek to
obtain payment for off-site goods or materials.
Revised Edition 2003 PRICE: £11-00 (pack of 5) + VAT