Construction contractors are often asked for contract security before work starts, at payment milestones or during defects periods. Insure24 can help prepare the enquiry for specialist surety markets.
A construction-focused route for JCT, NEC, principal-contractor, public-sector and project security requirements.
We will ask for enough information to understand the contract, beneficiary, amount, timing and financial evidence before approaching suitable specialist markets. Availability is always subject to underwriting and accepted wording.
Bond requests can appear at tender, contract award, advance payment, retention release or defects stages. The right route depends on the contract wording and the financial profile of the contractor.
A construction surety submission should show more than turnover. It should explain the project, the contractor's experience, subcontractor dependency and the financial capacity behind the obligation.
This page is written for UK businesses that already have a bond, guarantee or contract-security requirement and need to understand what information a specialist surety market will usually expect before terms can be considered.
For a faster review, match the enquiry to the exact requirement: performance bond, retention replacement bond, advance payment bond, travel bond, customs guarantee or another specialist surety route.
Newer contractors may find appetite more limited because underwriters rely heavily on trading history, financial evidence and previous project performance.
The bond amount, contract value, beneficiary, wording, project type, start date, end date and defects period are all useful at the first review stage.
Share the bond type, amount, beneficiary, contract value and timing so the enquiry can be triaged as a specialist bonds and surety guarantee lead.
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