Bonds in construction and manufacturing

Take on large contracts with confidence you can provide a bond

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How do bonds work on large contracts?


Many projects and contracts will require contractors to provide security, often in the form of a bond. The more complex the contract or consortium arrangement, the more complex the provision of the security can be.

We have the experience and financial strength to allow you to provide the required bond no matter the complexity.

 

How can we help you?

Bids
Use bonds to support your tenders for public work.

Advance payment
Allows advances from your client to be drawn down, secured by the bond.

Supply and service
Security provided against your obligations over the term of the service agreement.

Performance
Security against contractual performance.

Maintenance
Get security for defects discovered in the warranty period.

Joint ventures/consortia
Bonds that are tailor made bonds for construction projects.

LIQUIDITY

An alternative to utilising banking lines, our solution includes off balance sheet solutions.

REPUTATION

Improve your standing in the market by demonstrating financial credibility and your ability to meet contractual obligations.

EFFICIENCY

Work with our experts to get fast decisions and allow your team to focus on their core responsibilities.

To find out more about our services get in touch with us today

Call us: +44 (0) 20 7216 1402

Your business partners may request guarantees before they will trade with you. You can rely on us to help you build lasting and successful business partnerships with confidence. When you take our bonding cover, we are an independent guarantor and take on the liability for you. Our bonds and guarantees have a high standing based on an AA rating from Standard & Poor's. Our correspondents around the world will use their market knowledge to help you analyse risks and put in place the protection you need. We will propose the best bond or guarantee after careful analysis and consideration of your business and the requirements of any contract you are bidding for. You can rely on us to establish the guarantees your business trading requires for international markets and to gain the trust of your business partners in markets around the world.