This plan offers all interested parties (project owner, contractor, architect, engineer, developer, etc.) effective financial protection. It covers all stakeholders on the site — including contractors, subcontractors, various trades, and the project owner — during the construction period.

Architects, contractors, engineers, design offices, and developers are subject under the Civil Code to two-year and ten-year warranties. But what happens if problems occur and the responsible party cannot meet their obligations — or worse, goes bankrupt?