Home > Glossary

Systems Performance Insurance

Systems Performance Insurance


Systems Performance Insurance — systems performance insurance guarantees the owner's debt service if the insured project cannot perform at the anticipated capacity due to deficiencies in the system's design, materials, or construction. Owners may be able to improve the terms of their debt contract by purchasing the coverage, but the reduction in debt costs would have to be dramatic to justify the expense of the coverage.

Related Products

User ID: Subscriber Status:Free