The free event, held at the Scottish full service law firm’s offices in the city’s Beechwood Business Park on 20 November from 12.30pm to 2pm, will focus on what happens behind the scenes with these securities, and the unexpected consequences that can arise, particularly for contractors.

Inverness-based senior associate Roddy Cormack will cover:

Mr Cormack said: “Performance bonds and parent company guarantees are frequently a requirement of building contracts.

“They can be a useful part of the risk management toolkit for employers. At the same time, however, they can come with some hidden traps for contractors.”

Register online for the event (https://www.eventbrite.co.uk/e/ledingham-chalmers-construction-cafe-tickets-39474464185?aff=es2)