• PERFORMANCE BONDS
  • ADVANCE PAYMENT BONDS
  • RETENTION BONDS
  • HIGHWAYS ACT BONDS
  • HMRC CUSTOMS BONDS
  • ENVIRONMENT AGENCY BONDS
  • RPA BONDS

Most companies utilising the Surety market for bonds establish a facility against which bonds are issued as required, subject to certain underwriting conditions. It is possible to arrange a portfolio of facilities to ensure that adequate bonding capacity is in place. Facilities are normally put in place without any charge with premium only paid as and when bonds are issued.  The advantage of having enough facilities are that the Contractor knows what headroom he has and can bid for contracts with the confidence that he can provide the required bond. If an Employer has not dealt with a Contractor before providing the name of the Surety at tender stage is a positive confirmation that the Contractor has been vetted by the Surety Company.