Bid Bonds or Letter Of Intent

When a contractor, or the 'principal', is bidding on a tendered contract with public authorities or private owners, a Bid Bond is purchased.

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Performance Guarantees & Retention Guarantees

A Performance Guarantee is a document issued by a Credit/Guarantee Provider like us or Insurers or a bank to a contractor to guarantee that the contract is fulfilled in accordance with the plans and specifications.

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Advance Payment Guarantees

An Advance Payment Guarantee commits the supplier to using the advance payment for the purpose specified in the buyer/employer contract. .

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Supplier Guarantees

In the construction industry, there is a growing demand for supplier guarantees for the delivery of steel and other building materials to contractors and industry players

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Maintenance Bonds

Maintenance bonds provide protection from defective workmanship or materials after completion. These bonds sometimes incorporate an obligation guaranteeing efficient or successful operation.

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