Dataset

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2. World Bank Indicators
3. Dealing with construction permits: Liability and insurance regimes index (0-2) (DB16-20 methodology)

Dealing with construction permits: Liability and insurance regimes index (0-2) (DB16-20 methodology)

The liability and insurance regimes index evaluates the stringency of latent defect liability and insurance regimes. It has two components: (i) whether any parties involved in the construction process are held legally liable for latent defects such as structural flaws or problems in the building once it is in use; (ii) whether any party involved in the construction process is legally required to obtain a latent defect liability or decennial (10 years) liability insurance policy to cover possible structural flaws or problems in the building once it is in use. The index is computed based on the methodology in the DB16-20 studies.