Bond insurance represents a cost-effective solution for contractors and their project beneficiary.
Advantages :
- Preserves your liquidity
- Offers security and quick cash recovery for your project beneficiary
Type of Bond insurance :
- Bid bonds
- Performance Bonds
- Maintenance Bonds
- Advance Payment Bonds
- Retention Bonds
- Custom Bonds
- EURO Bonds
- Educational Bonds
Normal maximum underwriting capacity:
-up to EUR 5,000,000
List for underwriting and Bond analysis :
- Balance sheet of the last two years
- The last balance available of the company ( If the company is part of a group, also the consolidated financial information for the last year)
- General presentation of the company
- List of similar work already finalized and in progress
- Copy of the project contract
