ARMA backs the Polluter Pays Bill
We are very pleased to announce that ARMA (Association of Residential Managing Agents) is supporting the Polluter Pays Bill as the mechanism to recover as much money from the “Polluter” as possible. Arma stated:
“The proposal put forward to ensure that the responsible parties pay for cladding remediation and building safety work has been the stance of ARMA since the very start of this current crisis – we have long campaigned and asked Government to protect leaseholders from these crippling costs by immediately forward-funding all necessary remediation work required to make affected buildings and their residents safe as soon as possible. Allowing the Government to identify those works and place the responsibility of remediation costs on those who failed to make the grade in terms of materials, workmanship, or construction standards – rather than on leaseholders – is a sensible and practical solution to the current crisis.
“Adopting the Polluter Pays amendment will remove the current requirement in the Building Safety Bill for building owners and managing agents to pursue all reasonable avenues for costs, as well as the option for leaseholders to take what will likely be costly legal action against developers, and replaces it with a more practical scheme, where Government funds the work and recovers any costs from liable parties – whether regulatory failure, developers, contractors, manufacturers, or warranty providers, for example – after the work has been completed.
“Managing agents have shown extraordinary dedication to their residents, working tirelessly to expand their resources, and investing in supporting affected leaseholders in the last few years, so we are genuinely supportive of a remediation process that is proportionate, and entirely funded and delivered by Government.”
You can find the full news item on their website: https://arma.org.uk/news/2021/08/arma-welcomes-the-recovery-potential-of-the-polluter-pays-provision-as-an-amendment-to-the-building-safety-bill