‘SURETY’ AND ‘CONSTRUCTION’ BONDS
CADIS MGA LTD is registered in England and Wales with CRN 12534516 and is authorised
and regulated by the Financial Conduct Authority (FCA) under FRN 1021489.
Registered Office: Trot House, 11, Fore Street, Torpoint Cornwall, PL11 2AB
BONDS
are
not
an
insurance
product,
they
are
a
security
instrument
issued
to
help
ensure
the
successful
completion
of
a
project,
large
or
small
and
typically
used
in
areas
such
as
construction
or
real
estate development.
The
CADIS
BONDS
Team
are
experienced
in
dealing
with
a
variety
of
BONDS
and
have
a
developed
a
system
that
will
provide
a
fast
and
professional
underwriting
response,
regardless
of
the
size
of
the
requirement.
The example of BONDS we can provide Surety against are;
ROAD
AND
SEWER
BONDS
–
Required
by
the
Water
Authority
or
Local
Authority
throughout
the
United
Kingdom.
They
cover
the
Water
Authority
or
Local
Authority
if
they
need
to
repair/construct
the Road or Sewer.
PERFORMANCE
BONDS
–
Typically
issued
for
10%
of
the
contract
value
and
protect
the
Beneficiary
against
the
Developer
failing.
These include:
ADVANCED PAYMENT BONDS - RETENTION BONDS - HMRC BONDS
CADIS
have
a
number
of
Insurance
services
available
to
cover
for
High Value Commercial Contracts. These include:
Latent Defects
Contractors All Risks
Insurance Backed Guarantees
CADIS specialises in ROAD AND SEWER BONDS and PERFORMANCE BONDS
‘SURETY’ AND ‘CONSTRUCTION’ BONDS
CADIS specialises in
ROAD AND SEWER BONDS and PERFORMANCE BONDS
BONDS
are
not
an
insurance
product,
they
are
a
security
instrument
issued
to
help
ensure
the
successful
completion
of
a
project,
large
or
small
and
typically
used
in
areas such as construction or real estate development.
The
CADIS
BONDS
Team
are
experienced
in
dealing
with
a
variety
of
BONDS
and
have
a
developed
a
system
that
will
provide
a
fast
and
professional
underwriting
response,
regardless of the size of the requirement.
The example of BONDS we can provide Surety against are;
ROAD
AND
SEWER
BONDS
–
Required
by
the
Water
Authority
or
Local
Authority
throughout
the
United
Kingdom.
They
cover
the
Water
Authority
or
Local
Authority
if
they
need
to
repair/construct
the
Road
or
Sewer.
PERFORMANCE
BONDS
–
Typically
issued
for
10%
of
the
contract
value
and
protect
the
Beneficiary
against
the
Developer failing. These include:
ADVANCED PAYMENT BONDS - RETENTION BONDS -
HMRC BONDS
CADIS
have
a
number
of
Insurance
services
available
to
cover for High Value Commercial Contracts. These include:
Latent Defects
Contractors All Risks
Insurance Backed Guarantees
