What are
Surety Bonds?

Ensure your contractual obligations are met with Build Secure’s Surety Bonds. Offering financial security and compliance with industry regulations, our surety bonds are a key component of risk management for your construction projects.

Overview:

  • Performance Bonds
  • Road & Sewer Bonds
  • Advance Payment Bonds
  • Retention Bonds
  • Developer Insolvency Protection
  • Insurance Backed Guarantees (IBG)

Our Surety Bonds

At Build Secure, we are able to provide a full range of Surety Bonds, including Performance Bonds, Road & Sewer Bonds, Advance Payment Bonds, Retention Bonds, Developer Insolvency Protection or Insurance Backed Guarantees (IBG).

Performance
Surety Bonds

Covering developer losses from a contractor entering into liquidation.

Road & Sewer
Bonds

Guaranteeing the completion of roads and sewers in line with the highways and water industry acts.

Advance Payment
Bonds

Protecting upfront payments provided to the contractor by the developer at the start of the project.

Testimonials

What our customers are saying

Read firsthand how our services have made a difference:

Frequently asked questions

The surety (guarantor) provides a guarantee to reassure the principal that the contractor will fulfill their obligations. Although bonds are offered by insurance companies and banks, they are not insurance products but guarantees from these financial institutions, deemed suitable should the contractor default or become insolvent. Unlike banks, insurance companies are more accustomed to risk exposure, often freeing up cash flow for the contractor by not requiring cash deposits or charges.
Build Secure provides a full range of Surety Bonds. Specifically, Performance Bonds, Road & Sewer Bonds, Advance Payment Bonds, Retention Bonds, Developer Insolvency Protection or Insurance Backed Guarantees (IBG).
A surety bond guarantees the performance of a principal to an obligee, while insurance provides financial protection against specific risks and losses.
At Build Secure, we take pride in the range of Surety Bonds that we can support clients with. Our dedicated team is committed to working on your behalf, conducting thorough assessments to understand your unique needs. To learn more about how we can support your project, contact us today for more information.

Get in touch now to receive
your quote today.

Our knowledgeable professionals understand the intricacies of insurance policies and the construction sector and are on hand to guide you through your project from start to finish. Contact us today to see how Build Secure can support you.

Get your quote today!