Picture this, you or your firm are about to tender for a contract or you have just been awarded a contract, you could be a developer builder or a consultancy company. Inevitably you will have put some form of bond or guarantee in place. Bonds and guarantees are a form of insurance where the exact wording is set out in the general conditions of the contract you are entering into, this wording is usually cast in stone with very little room for manoeuvre. This is where Lloyds Insurances Limited comes into the picture using our expertise and excellent access to the insurance market in Ireland ,the UK and other jurisdictions, we will source a bond or guarantee for you that will match the wording exactly. Moreover, we will make sure that the premium is the most competitive available allowing you to proceed with the contract or bid and if applicable access an advance payment. We provide a range of bonds including:
- Performance Bond
- Retention Bonds
- Bid /Tender Bonds
- Construction Guarantee Bonds
- Advance Payment Bonds
- Deferred Payment Bonds
This is just a sample of the bonds we place although we can also arrange more specialised bonds, in many cases as a director you may have to put a personal guarantee in place we can also arrange personal guarantee insurance. We work very closely with our clients to understand their exact needs and budget and always get it right.
Call Lloyds today 01 531 0900 for best advice on Bonds & Guarantees or request a quote online.