With effect from the 1/1/2017, the required cover in respect of AVN52 will be £50,000,000.
A dispensation period has been given between now and the 31st of December 2016 for Companies that have $50,000,000 already in place. This dispensation period will end on the 31st of December 2016 and relevant Companies will be expected to have the new required cover in place from the 1st of January 2017.
Note: Companies working for Gatwick Airport Limited on Gatwick Airport Limited construction projects only will not need to evidence this cover. Companies working for Gatwick Airport Limited (non-construction works) must continue to have £5,000,000 in effect in relation to AVN52.
Please refer to the supporting documentation by going here.