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Performance Guarantee Bonds & Surety Bonds

If you have secured a contract and it requires a performance guarantee / construction bond, BBi can help.

Applying for a bond can be a difficult exercise and not having the appropriate bond from a regulated entity could result in losing out on a well earned contract. At BBi we support you with expert advice so to provide the right solution in a timely manner.

Why use BBi for Performance Bonds

High Quality Options

BBi use a variety of experienced, approved, insurers specialising in surety, giving you confidence in your cover.

Quick & Efficient

Once BBi is in receipt of all the relevant information to allow insurers to underwrite the risk, a quick turnaround is guaranteed on all enquiries, no mater the size or complexity of the project.

Our Experience

BBi have extensive knowledge of contract types and requirements, from local government contracts to standard building contracts.

What our clients say...

We made contact with BBi as we had been awarded a major contract which required a bond to be put in place. When we needed help most, BBi were able to work side by side with us to find a bond solution which was critical to our business being awarded the contract.

Director, Contractor

Choose the right Performance Bond for you

Construction Performance Bond

Construction Performance Bond

Most commonly used in the construction industry as a means of insuring a client against the risk of a contractor failing to fulfil contractual obligations to the client. Performance bonds can also be required from other parties to a construction contract.

Customs Surety Bond

Customs Surety Bond

A contract used for guaranteeing that a specific obligation will be fulfilled between customs and an importer for any given import transaction. The main purpose of a customs bond is to guarantee the payment of import duties and taxes.

Why you need Performance Guarantee Bonds in Construction

The need for performance guarantee bonds has never been greater within the construction industry.

No major project undertaken by a state agency or private individual will be awarded without the need to provide a bond.

Following the recent, unfortunate, events surrounding the collapse of Carillion, the importance of performance bonds continues to grow. This can be the difference between being awarded the contract and losing out.

What makes BBi the right Performance Bond option for you

BBi use our expertise and understanding of the market and your business to find you the right solution.

Internal Financial Expertise

Qualified Team to support your business

We have the specialised financial expertise internally to review an applicants / companies financial position and work with them to find the best solution to their bond requirement.

We Understand the Market

We have extensive knowledge of the Industry.

With the ever changing bond / surety market conditions, BBi is in a very strong position to assist any application.

Impartial Support

We support you in finding the best solution.

With a variety of options available to clients, choosing the bond provider best suited for you is important.

Why use BBi?

Our Heritage

As Chartered Insurance Brokers, BBi have the industry knowledge, insurance experience and ease of access to new & exciting markets.

Dedicated Account Manager

You get a dedicated Account Manager, responsible for the management of your cover, giving you one point of contact for all your insurance requirements.

Dedicated Claims Team

Unlike other providers, BBi employ a dedicated in-house claims team to manage all claims from notifications to settlement ensuring we look after your interests.

Independent with 50+ years' experience

Independent & impartial long standing relationships. With extensive, up to date knowledge of the latest legislation and Health & Safety issues faced by your sector.

Competitive and Exclusive Cover

With our exclusive cover facility, where flexible payment methods are available, you can be sure the policy you receive is market leading & tailored for you.

One Stop Shop

Obtain coverage for the Liability of business, individual vehicle or motor fleet, personal accident, household cover and other exposures you or the business faces.