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Performance Bond Helping you source the most competitive quotes from multiple providers A performance bond is issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. It is also referred to as a contract bond. A performance bond is usually provided by a bank or an insurance company to make sure a contractor completes designated projects. Performance bonds are provided to protect parties from concerns such as contractors being insolvent before finishing the contract. When this happens, the compensation provided for the party that issued the performance bond may be able to overcome financial difficulties and other damages caused by the insolvency of the contractor.

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Advance Payment Bond Helping you source the most competitive quotes from multiple providers An Advance Payment Bond is a guarantee, supplied by the party receiving an advance payment, to the party advancing the payment. It provides that the advanced sum will be returned if the agreement under which the advance was made cannot be fulfilled. They can also be called Advance Payment Guarantees. As these bonds enable payment of cash to be made in advance of work being carried out they provide significant cash flow benefits to the contractor, giving them the opportunity to fabricate offsite if required and also providing a level of comfort for the beneficiary of the Bond.

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Help & Support Helping Britain face Covid-19 Take a look Services UK Services For over 10 years we have provided all forms of Bonds for the Construction Industry and in many countries. Learn More Deposit Bonds Providing you with the Insurance support you need to cover your client's initial deposits on developments whether off-plan or refurbishment. Learn More Across the globe We're proud to offer our insurance products across the globe, letting more businesses benefit from experience. Learn More Who we are For over 10 years and with over 40 years experience we've been providing all forms of Bonds, Warranties and Guarantees to companies in all regions of the world and to all Trade Sectors ........... Speak to us Complete this form and one of our Bonds experts will call you back today to discuss your requirements and exactly where we can help. Please allow up to 2 hours for a reply as our team can get very busy. Thanks for submitting! Submit

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