Restoration Bonds Contact Us What is a Restoration Bond? A Restoration Bond is a type of Performance Surety Bond. This particular type of surety bond is required by local councils…

Decommissioning Bond Contact Us What is an Decommissioning/ Reinstatement Performance Bond? A Decommissioning/ Reinstatement Performance Surety Bond can be requested by land owners, local councils, governing authorities such as the…

Commercial Warranty / Decennial Insurance Contact Us What is Commercial Warranty? Commercial Warranty protects the project owner against defective construction by essentially insuring the work performed. Warranties guarantee that any…

Transfrontier Shipment of Waste Bond Contact Us What is a Transfrontier Shipment of Waste Bond? In simple terms, it is a guarantee which provides protection to the National TFS Office…

EPA Approved On-Demand Bonds Contact Us What is an EPA Approved On-Demand Bond? The EPA’s Guidance on Financial Provision for Environmental Liabilities, published in August 2015, identifies the prevention and remediation…

Tax Warehouse Bond Contact Us What is a Tax Warehouse Bond? A Bonded Warehouse is a customs-controlled warehouse or secured area, where dutiable (imported) goods are retained until such time…

Duty Deferment Guarantee Contact Us What is a Duty Deferment Guarantee? Just as the Tax Warehouse Bond, a Duty Deferment Guarantee is a Revenue & Customs Bond which acts as…

Bid Bond Contact Us What is a Bid Bond? A Bid Bond, also known as a Tender Bond, can sometimes be a requirement of a tender process. It is often,…

Operations & Maintenance Bond Contact Us What is an Operations and Maintenance Bond? In the case of a Design, Build and Operate Project, a Certificate of Practical Completion marks the point at…

Development Bond / Infrastructure Bond Contact Us What is a Development/Infrastructure Bond? If you are a house builder or a property developer intending to commence a new development, the relevant…

Road & Sewer Bonds Contact Us What is a Road & Sewer Bond? A Road and Sewer Bond is a form of surety provided on behalf of a Property Developer…

Retention Bond Contact Us What is a Retention Bond? The purpose of Retention is to ensure the contractor properly completes the works required under the contract. In some contracts, the client…

Advance Payment Bond Contact Us What is an Advance Payment Bond? It is a guarantee given when money is paid before goods or services are supplied. So, if the client…

Performance Bond Contact Us What is a Performance Bond? Also known as a Contract Bond, this is a surety bond issued by an insurance company or a bank to guarantee…