When Are Performance Bonds Required?

When Are Performance Bonds Required? Performance bonds are one of the most common types of surety bonds in the market, particularly for construction contracts. Whilst they aren’t always required, many employers choose to ask for performance bonds in their construction projects. Due to this, there are a number of scenarios when performance bonds are required.…

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How Much Are Performance Bonds?

How Much Are Performance Bonds? If you’re thinking about purchasing performance bonds, there are several cost aspects that you need to know about. This article will help you to understand how the costs are made up, and other factors that may affect the price to contractors. While there is a standard percentage of a contract…

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What are performance bonds? | A quick, no-nonsense guide

What are performance bonds? | A quick, no-nonsense guide If you are a principal contractor it is likely, given the current economic climate, that you will be asked for a performance bond at some point from a Beneficiary or Housing Association.  We recognise performance bond requirements are becoming a lot more common, with many experiencing…

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Bargate Homes launches £18million scheme in Hampshire

Bargate Homes has opened the doors to its £18.2million St Thomas’ Mead development, located in the scenic suburb of Old Bedhampton, Hampshire. Over 50% of the 50 eco-efficient homes have already sold off-plan. St Thomas’ Mead comprises a collection of two-, three- and four-bedroom houses, as well as a bungalow and chalet bungalows, with designs…

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J3 Advisory offers unique zero deposit finance facility for building warranties

J3 Advisory, the structural warranty insurance and structured property finance specialist, is offering a unique finance facility that allows property developers to secure their building warranty with no deposit and spread costs over the build period. The innovative finance facility enables the procurement of building warranties for new build, social housing, BTR and conversion projects…

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