In the course of running your business, the need may arise to provide assurances or demonstrate your credibility and ability to meet contractual obligations throughout the life cycle of the contract. Our bonds and guarantees will support your business in this regard.
The various options are listed below.
|
WHAT WE CAN OFFER |
DESCRIPTION |
BENEFITS |
|
Advance Payment Guarantee |
Guarantee the repayment of any advance funds which your buyer/contractor has advanced to your business, in the event of default under the contract. |
Helps you provide assurance that you can meet your contractual obligations. |
|
Performance Guarantee |
Guarantee a penalty sum payment in the event of a contractor claim when terms of the contract have not been fulfilled. |
Enables you make your business proposition more attractive to contractors. |
|
Bid/Tender Bond |
Indicate to contractors/buyers that your business is a serious bidder for a contract. |
Helps you tender for business contracts that may otherwise be out of reach. |