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 Surety The Principal The Obligee
    Entity providing guarantee Contractor / You The party who requires the bond

    What other types of Surety Bonds are available?

    Advance Payment Guarantee Pension Bond
    Bailiff Bond Performance Bond
    Completion Guarantee Purchase Guarantee
    Construction Guarantee Reinstatement Bonds
    Contract Guarantee Remediation Bond
    Deferred Payment Guarantee Rent Deposit Guarantee
    Deposit Protection Rent Guarantee
    Development Bond Restoration Guarantee
    Duty Deferment Retention Bonds
    Landfill Bonds Road Bonds
    Materials Supply
    Sewer / Water Bond
    Payment Bond Warranty Bond
    Payment Guarantee

    Recent Articles

    Is fleet insurance for you?

    Hesitant about adding a new addition to your garage because of the premium and administrative process of yet another motor insurance? Consider getting fleet insurance to keep multiple vehicles insured at the same time.    What is fleet insurance? Instead of...

    How to provide protection to your unoccupied home as a landlord

    Insurance provides financial protection in case of unexpected events, such as theft, fire or natural disasters. If you own an unoccupied apartment, insurance can help safeguard your investment and give you peace of mind. Unoccupied apartments can be particularly...

    4 things to double-check when you buy your travel insurance

    As the holiday season approaches, some of you might have already booked and geared up for a holiday trip. However, besides plane and tickets, travel insurance is something you do not want to stint on to ensure a safe, delightful journey. Besides making sure you got...

    Modified Car Insurance: A Guide

    Modified Car Insurance 101   Many car owners turn to car modifications when it comes to enhancing vehicles' performances and aesthetics. Whilst driving around with upgraded cars is an exceptional experience, some might be concerned that modified car insurances are way...

    The FCA probes into the issue of high insurance premiums for tenants

    As the rate of inflation rises rapidly, the majority of the British population are taking a severe hit on their spending capacity. Consumer prices have risen to 9.4% since 2021, the highest recorded rate ever since February 1982. The Financial Conduct Authority have...