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<p>On 13 July we published the draft of a contract with developers. The draft contract,
once finalised and executed, will turn the commitments made in the pledge into a legally
binding agreement.</p><p>Publication marks the start of a four-week period of engagement,
during which we will refine the contract as necessary. As well as discussing the contract
with developers during this period, we will engage other interested parties including
representatives of building owners, managing agents, residents, leaseholders, lenders
and insurers.</p><p>We plan to have the terms of the contract finalised by 10 August.
We expect developers to have signed the contract by the end of September.</p>
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