Performance Bonds / Contract Guarantee Bonds
These guarantees provide protection to an employer, up to the agreed bond amount, against specified losses arising from a contractor’s failure to fulfil contractual obligations.
SURETY & BOND APPLICATIONS
A personal approach to every requirement.
Each bond requirement is different. We take time to understand the contract, the applicant and the commercial objective.
KEY SOLUTIONS
Understanding the obligation behind the bond.
On-Demand Guarantees
These guarantees operate according to their specific terms and conditions and may be available through selected financial institutions and surety providers.
Advance Payment Guarantees
These guarantees protect advance payments made to contractors by providing assurance that funds will be used for their intended contractual purpose or repaid in accordance with the guarantee.
THE PROCESS
How the Application Process Works
01
Initial Enquiry
The client explains the bond requirement and commercial context.
02
Requirement Assessment
A specialist reviews the contract, wording, amount and applicant’s circumstances.
03
Market Presentation
Where appropriate, the requirement is presented to suitable surety providers.
04
Terms and Issuance
Subject to underwriting approval and agreement of terms, the bond can proceed towards issuance.
MAKE AN ENQUIRY