Performance / Security Bonds?
Performance / Security Bonds?
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Discussion

Stupeo

Original Poster:

1,343 posts

221 months

Wednesday 6th July 2022
quotequote all
We are tendering for some business and need to provide performance or security bonds for our services (software delivery and implementation to the NHS).

Does anyone have any contacts or recommendations for bond providers?

StevieBee

15,163 posts

283 months

Wednesday 6th July 2022
quotequote all
We've previously used our bank. Check the criteria as this may specify that it has to be your bank anyway.

Don't forget to write in a reduction clause with each payment milestone.


Stupeo

Original Poster:

1,343 posts

221 months

Wednesday 6th July 2022
quotequote all
StevieBee said:
We've previously used our bank. Check the criteria as this may specify that it has to be your bank anyway.

Don't forget to write in a reduction clause with each payment milestone.
Didn't think of speaking to our bank, will do so - thank you.

MOMACC

612 posts

65 months

Thursday 7th July 2022
quotequote all
I can arrange this for you if the bank doesn't prove to be successful.