During the Covid-19 crisis, we are following UK Government guidance to keep our employees safe and look after our valued clients. Read our articles on support for your business.

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Performance Bonds

01615 168 661

Towergate has been providing Performance bonds for over 10 years. Performance Bonds are financial instruments of Guarantee.

They are usually used to provide a guarantee to one company, (the Beneficiary), against another (the Principal) defaulting on its contractual obligations. Many principal contractors now require a performance bond from their sub-contractors before awarding them a contract.

We offer a confidential and personal service, usually involving a Client visit to get the best supporting information and ensure you get the right terms or even to set up an ongoing facility. 

Types of Performance Bonds include:

  • Performance
  • Retention
  • Advance Payments
  • Road and Sewer
  • Restoration
  • Duty Deferment
  • VAT Guarantee

Contact our Nationwide specialist broker in Manchester

5th Floor, 3 Hardman Square, Spinningfields, Manchester, M3 3EB

manchester.reception@towergate.co.uk