From construction projects for roads, sewers and crucial infrastructure, we help you pave the way towards successful infrastructure development. Road & Sewer Bonds are your project’s safety net ensuring contractors stick to requirements and meet deadlines right on time.
If any hiccups arise, the bond is there to keep your project costs covered and fast tracking it to success. No delays — just smooth, confident progress.
Make Performance Bonds your ultimate shield and keep your project bulletproof. Get contractors to deliver on their promises and ensure your projects are completed on time.
Facing unexpected delays? No sweat. The Performance Bond will step in to offer financial peace of mind and rock-solid security. So your project is secure, no matter what is thrown your way.
Launching a construction project that needs a financial boost? Compariqo’s Advanced Payment Bonds are what you need to mitigate risk and safeguard your project.
If your contractor is receiving advance payments, the bond ensures they keep up with the agreed terms. If they don’t, the bond recovers the advanced payment so you don’t lose out.
At Compariqo, bonds and sureties aren’t just services — they’re a promise of security and success. We’re your construction allies, bringing experience, advanced expertise, and a touch of flair to every project.
Bonds and sureties are financial instruments that provide a guarantee of performance, ensuring completion of a project and protection against financial loss in case of contractor default.
Common types of bonds include performance bonds, payment bonds, and bid bonds. Performance bonds assure project completion, payment bonds ensure subcontractors get paid, and bid bonds secure the bidding process.
Bonds are often required to mitigate risks for project owners. They provide financial security, reassuring stakeholders that the contractor will fulfil contractual obligations, ensuring project success.
Sureties and insurance both provide financial protection, but sureties involve a three-party agreement. The principal (contractor) obtains the bond from the surety to guarantee obligations to the obligee (project owner) in case of default.
Yes, small contractors can obtain bonds. Compariqo offers solutions tailored to the size and needs of smaller contractors, helping them participate in larger projects.
Factors include the contractor’s financial health, credit history, project size, and type. A contractor with a strong track record and financial stability often receives lower bond premiums.
Choosing the right bond depends on project requirements. Consult with Compariqo to assess your needs and guide you in selecting the most suitable bond for your project.
Ready to secure your project? Reach out now and let’s make your construction project a reality with our bonds and sureties solutions.
Get in touch today and speak with one of our friendly advisors who will help you find what you’re looking for.
