ENGINEERING INSURANCE SERVICES
INSURANCE BONDS & GUARANTEES
Covers any loss caused to the employer on behalf of the contractor (insured) by a mutual contract done between the insured and the insurance company.
INSURANCE BONDS & GUARANTEES
 

Bid Bond
Bid bond is issued on behalf of contractors in connection with the submission of tenders for contracts with public authorities and private owners.

Mobilization Advance Bond
This bond is issued on behalf of a contractor and to secure the project owner, where the owner is pre-financing a contractor by an advance payment on the contract.
  
Performance Bond
This bond is issued on behalf of a contractor and in favor of the project owner to guarantee the full and due performance of the contract.
  
Maintenance Bond
This bond is issued on behalf of the contractor and in favor of the project owner to guarantee against defective workmanship or materials after completion of the project.

 
Excise & Customs Bonds

Such bonds are issued in connection with the import of raw material / machinery against the payment of customs and excise duties.

 
 
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