Performance Bonds

Get a Quote

What is a Performance Bond?

Performance bonds are a specialised type of surety bond. They guarantee against one party failing to meet their obligations on time, or to an agreed level of performance. The performance bond protects against, for example, a contractor failing to carry out their contracted work to acceptable timing or standards.

Who Takes Out a Performance Bond?

Usually, contractors take out performance bonds. This is often the case when contractors undertake public work projects that need to meet certain standards.

What Does a Performance Bond Cover?

What a performance bond covers depends on the project. They can protect against failing to complete the project overall. They also cover the non-completion of the project to an agreed level of performance.

    Additional Types of Bonds


    Retention Bonds

    Road & Sewer Bonds

    Advance Payment Bonds

    What We Offer


    Specialist bond advisers throughout the process

    Every bond assessed individually

    Competitive rates from top insurers

    Get a Quote

    Fill in the form below and our team will be in contact shortly to give you a quote.

    To get a quote for your performance bond there are many factors that we need to access. The forms below will help you to provide all these details, such as your company financial information and history and the details of the project. 

    If you have all these details ready and availible please download and complete all the forms below and send them to

    General Information Form

    Application Form

    Bank Information Form

    Surety Bonds FAQs

    Who does a Performance Bond involve?

    A bond will involve the following three participants:

    The SuretyThe PrincipalThe Obligee
    Entity providing guaranteeContractor / YouThe party who requires the bond

    What other types of Surety Bonds are available?

    Advance Payment GuaranteeDuty DefermentPurchase Guarantee
    Bailiff BondRoad BondsReinstatement Bonds
    Completion GuaranteeLandfill BondsRemediation Bond
    Construction GuaranteeMaterials SupplyRent Deposit Guarantee
    Contract GuaranteePayment BondRent Guarantee
    Deferred Payment GuaranteePayment GuaranteeRestoration Guarantee
    Deposit ProtectionPension BondRetention Bonds
    Development BondPerformance BondSewer / Water Bond
    Warranty Bond

    Recent Articles

    When do I need unoccupied insurance?

    When do I need unoccupied insurance?Unless you need it, unoccupied insurance is not something you may know a lot about. So what is it and when do you need it? We explain all you need to know.   What is unoccupied home insurance? Unoccupied property insurance can...

    Why do I Need Impounded Car Insurance?

    Why Do I Need Impounded Car Insurance?   When you insure your car, you might think that you don’t need to do anything else. The vast majority of the time, this is true. However, if your car is seized by the police, and put into a car impound, the situation...

    Are thatched roofs expensive to insure?

    Are Thatch Roofs Expensive to Insure?Living in a thatch property Thatched properties are homes filled with character and often found in picturesque rural villages. But are thatched roofs expensive to insure? Aside from the beautiful aesthetics, there are other...

    Unoccupied Property Insurance Guide

    What is Unoccupied Property Insurance? Unoccupied Property Insurance is a specialised home insurance policy that focuses on unoccupied buildings. Our policies cover properties that will be empty for 30 days or more. Empty properties have particular requirements, which...

    Surety Bonds Guide

    What is a Surety Bond? A Surety Bond is a form of guarantee. They make a guarantee between three parties. These are: The Obligee, The Principal and The Surety. The Obligee is the person who will be paid if there is a default. The Principal is the person who takes out...

    How Can We Help?