Guarantee Guild Ltd is authorised & regulated by the
IFSRA as an Insurance Mediator
United Kingdom Insurance & Warranty provider to the
House Building & Construction Industry
Construction Bonds
- We provide 5 main Bonds in this area:
- Performance Bond
- Prepayment Bond
- Road Bond
- Stored Materials Guarantee
- Retention Bond
A Bond is a 'Contract of Guarantee' in which the
Guarantor undertakes to pay any of the damages to a
Third Party if there is a breach of their contract.
We have considerable experience in providing bonds to
the construction industry, primarily covering
performance to Project Completion (PC) and the warranty
period that ensues to MGOD. Additionally, we can provide
Bonds for prepayment for materials stored off site,
performance and warranty on engineering projects. In the
Construction Industry, Performance Bonds are put in
place to reassure Employers that the Contractor will
'perform' in accordance with the Building Contract.