—Where protection meets perfection
Guarantees and bonds
Engineering insurance safeguards businesses from financial losses caused by unexpected events during various stages of an engineering project. This includes protection throughout construction (covering both projects
and contractors’ equipment), installation of equipment, and even the ongoing operation and maintenance of machinery.
Bid Bond:
An insurance bid bond specifically covers the project owner if a contractor wins a bid but fails to uphold their end of the bargain by refusing to sign the contract.
Performance Bond:
A performance bond offers financial protection to the project owner if a contractor fails to fulfill their contractual obligations for completing a project according to the agreed-upon plans and specifications.
Advance Payment Bond
An advance payment bond is a type of surety bond that covers the repayment of an advance payment made by a project owner to a contractor.
Other Bond
We offer special bonds such as: Customs bonds. supply bond, retention bond and much more.