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.

You can also help us help your fellow businesses - as well as your favourite charity - at this difficult time by recommending us to someone you feel would benefit from our insurance.

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