Surety Bond

Insurance-backed guarantees that can substitute bank guarantees to support your project obligations, improving liquidity and freeing banking limits.

Bond Types

  • Bid Bond / Tender Guarantee (assures bid commitment)
  • Performance Bond (assures contract performance)
  • Advance Payment Bond (secures advances given to contractor)
  • Retention Money Bond (replaces cash retention)

Frequently Asked Questions

Bonds free up bank working capital lines and may be comparatively cost-efficient vs. bank guarantees, improving liquidity and bidding capacity.
Financials, project details, experience, order book, contract terms, security/collateral as required by underwriters.