Surety Bonds
Guarantees that support your contractual obligations — from bid bonds to performance guarantees. We help contractors and suppliers unlock working capital and win contracts.
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SuretyBonds
Guarantees · Capital · Contracts
Many contractors still rely on bank guarantees that tie up valuable credit lines and working capital. Surety bonds offer an alternative — a guarantee backed by an insurer rather than collateralised by your cash or fixed deposits.
We work with insurers who understand the construction, infrastructure, and supply sectors to arrange bonds that release working capital, support larger contract bids, and provide the guarantees your clients require.
From bid bonds to performance guarantees, advance payment bonds to customs guarantees — we structure surety programmes that support your growth without constraining your balance sheet.
PRODUCTS
Bid Bonds / Tender Bonds
Guarantee to project owners that you will enter into the contract and provide required performance security if your bid is selected.
Whats Covered
Failure to enter contract after bid selection, refusal to provide performance bond, withdrawal during validity
Key Exclusions
Bidder ineligibility, fraudulent bid, expiry beyond validity period
Performance Bonds
Guarantee to project owners that you will complete the contract according to its terms and specifications.
Whats Covered
Failure to complete to specification, default during execution, defective performance up to bond value
Key Exclusions
Force majeure, owner-caused delays, scope changes, post-completion warranties
Advance Payment Bonds
Guarantee to project owners that advance payments will be used for the intended purpose and repaid if the contract is not performed.
Whats Covered
Misuse of advance payment, contractor default before delivery, repayment of unused advance
Key Exclusions
Advance properly applied to scope, owner waiver, post-delivery disputes
Retention Money Bonds
Guarantee in lieu of retention money held by project owners — releasing cash flow to contractors during project execution.
Whats Covered
Defects discovered during retention period, post-handover rectification claims
Key Exclusions
Defects outside DLP, normal wear and tear, owner-caused damage
Contract Completion Bonds
Guarantee that the contract will be completed within the specified timeframe and budget parameters.
Whats Covered
Failure to complete within agreed timeframe, completion to specification, cost-overrun caps
Key Exclusions
Owner-driven scope change, force majeure, payment failures by owner
Customs Bonds
Guarantee to customs authorities for duties and taxes on imported goods — supporting temporary imports, bonded warehouses, and duty deferral.
Whats Covered
Customs duty default, re-export non-compliance, bonded warehouse obligations
Key Exclusions
Smuggling, deliberate misdeclaration, expired bond periods
Surety Bonds
Frequently asked questions about surety bonds coverage.
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