Services
What we do
We arrange the following types of guarantees:
01.
Performance/Construction Guarantee
When a contract is awarded, a performance guarantee equalling 10% of the contract value is usually required. This guarantees the performance.
02.
Retention Money Guarantee
During the period of any contract, some employers can withhold between 5% to 10% of the value of every payment made to the contractor.
03.
Bid Bond
A bid bond, or tender guarantee, is a safety mechanism for employers with regard to contractors that may default before or on the tender being awarded.
04.
Advance Payment Bond
The employer advances a certain amount of money to the contractor for work to be completed. The advance payment can be used to purchase plant, machinery and lead items to successfully execute a project.
05.
Materials on/off site Bond
Before any delivery of materials to site or constructed into the works, the contractor can obtain payment for the materials from the employer.
Why Choose us
Our Promise to our Client
By working closely with leading specialist insurers, we provide facilities at affordable collateral levels and our premium rates are very competitive.
Customer Orientated Service
Transparency
Reliability
Flexibility
