Contractors involved in public tendering usually are requested to post security, guaranteeing the performance of their contractual undertakings - Surety Bonding. The Bonds provides the project owner with the financial assurance that the contractor is able to perform and respond to all the conditions stipulated in the contract and has the necessary skills, manpower, equipment and financial resources to complete a project on time and within the stipulated contract price.
Roberts-McClure Insurance customizes programs that will meet the needs of today's contractor and have the flexibility to handle tomorrow's challenges and opportunities. We have access some of the top markets in Canada, allowing us to match our contractor clients to the right surety company. We constantly listen to and communicate with our clients to ensure that, as they grow, the potential for more flexible bonding is evaluated. Our proactive specialized approach to bonding enables us to manage client bonding requirements with confidence and build peace of mind with every transaction.
The bonding facilities we offer include the following:
- Bid bonds, consent of surety, pre-qualification letters
- Performance bonds
- Labour and material bonds
- Maintenance bonds
- Miscellaneous bonds (e.g. license bonds, guardianship, lost documents, permit)
- Specialized surety products for builders and developers
- Bonds for small to large general contractors, subcontractors, and manufacturers