You may be confident that you will complete the job with no problems, but your word is often not enough in the business world. That’s where TMHCC’s performance bonds come in.
This type of bond guarantees to your client that you will carry out and complete a project (or sub-contract) according to the terms and conditions of the contract.
It provides your client with all the security they need so that in the event of your default, their losses and damages will be paid under the bond, up to a specified amount. Generally, default is caused by insolvency.
Main Contractors
Sub-Contractors
Service Providers
Get your building projects moving with the security of TMHCC’s advance payment bonds.
Because every housing development, every retail park and every industrial estate needs infrastructure.
Good cashflow is crucial in the construction sector. With TMHCC’s retention bonds, you can secure contractor cashflow and your own.
Give your clients the security they need with TMHCC’s shipbuilding and refund bonds.