Construction Performance Bonds

As a specialist bond broker, we arrange construction performance bond facilities for some of Ireland’s largest contractors.

As the economy expands and client requirements grow, we can arrange simultaneous facilities with a panel of underwriters to support our clients’ growth. We provide central management of information flow to underwriters including financials, workflow schedules and completion certificates to ensure continuous capacity at competitive rates. By working with a panel of specialist underwriters, we secure more favourable rates, terms and conditions. We also have a team of qualified and experienced professionals.

What is a Construction Performance Bond?

A construction performance bond is a type of surety bond used by investors in construction projects to protect against disruptions or financial loss due to a contractor’s failure to complete the project or to meet contract specifications.

Examples

✓  We have arranged bonds for main contractors on a number of large irish school projects.

✓  We have recently arranged a bond for a client on a UK civils project.

✓  Our client is a growing construction business and in order to support their growth we arranged simultaneous facilities with three A-Rated Insurers

SPEAK TO AN EXPERT

James Martin
Diploma in Insurance
Diploma in Corporate Finance
T: 0494332944
E: james@mib.ie





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