Performance Bonds & Insurance
what we cover
Securing a Performance Bond for Your Project
Performance bonds are a means of insuring a client against the risk of a contractor or company becoming insolvent or failing to fulfil contractual obligations to the client.
Developers and contractors are being asked to provide a performance bond when they undertake new developments.
S38 Agreements cover new roads and S278 Agreements cover work done on existing roads. The amount of security required is determined by the council and is often higher than the developers’ own budget for the work.
How It works
Compare Quotes and get your Insurance the Right Way
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Get A quote
Request your Performance
Bond insurance quote
Why Choose Advantage For Your Construction Insurance
As well as being leading providers of structural warranties, the friendly and professional team at Advantage also specialise in offering related insurance products – such as performance bonds – which you may also require, giving you the option to work with one dedicated relationship manager throughout your project.
- Reputation
- Relationship
- Repeat Business
- Competitive Rates
- Dedicated Manager
- Free Technical Support
- Fast Quote, Fast Cover
what we cover
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