types of bondsThere are many types of bonds and guarantees for different industries and obligations. These are some of the examples we provide:

Performance Bond

A guarantee to an employer of the performance of a contract in accordance with its terms and conditions.

Advanced Payment Bond

A guarantee given when money is paid before goods or services are supplied.

Retention Bonds

A guarantee issued in place of money that would otherwise be held as retention.

Road and Sewer Bonds

Bonds to ensure that statutory obligations in relation to the construction and maintenance of roads or sewers are fulfilled.

Infrastructure Bond

A bond under the Planning acts that guarantees that infrastructure or other work is completed.

Revenue and Customs Bonds

  • Duty Deferment guarantee – a guarantee to Revenue and Customs for the payment of duty and taxes
  • Warehouse Bond – a guarantee required by Revenue & Customs for bonded warehouses

EPA approved on-demand bonds

The Environmental Protection Agency require a financial provision for the cost of implementing a Closure, Restoration & Aftercare Management Plan of a licensed facility. Surety Bonds can provide a solution in the form of an on-demand performance bond approved by the EPA.

Transfrontier Shipment of Waste Bonds

A Transfrontier Shipment of Waste Bond guarantees to the relevant Environment Agency that the notifier will ensure shipments of relevant waste products are completed, these types of bonds are mandatory for any company exporting or importing waste to the Republic of Ireland.