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.
✓ 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
Diploma in Insurance
Diploma in Corporate Finance
“We have been dealing with Martin Insurance for many years, and it’s the personal service that keeps us coming back year after year.”
“We have been a customer of Martin Insurance for a number of years on business and vehicle insurance. We have always been extremely happy with the expertise and service we received from their knowledgeable and helpful staff, and have no hesitation in recommending them to any business owner.”
“We have been a customer of Martin Insurance for business and vehicle use for a number years now and they always provide a friendly, efficient, reliable and professional service. Each year we know they are looking after our needs and making sure we get the best service and customer care. We would have no hesitation in recommending Martin Insurance to provide the correct cover for your needs.”