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Bonds

Our bond services ensures that your contractors are committed to fulfilling their obligations

Explore our comprehensive plans

Tender Bond

  • Required by a contractor during the submission of tenders for contract jobs to the principal
     

Performance Bond

  • Required in the event a contractor’s tender has been accepted by the principal and a Letter of Award is issued
     

Advance Payment Bond

  • Required when a contractor applies for an advance payment from the principal to help fund the preliminary costs and mobilisation works of the contract