In today’s competitive market, trust and credibility are everything. Whether you're bidding on a government project, entering a joint venture, or securing a contract, Bonds help demonstrate your reliability and financial strength.
At TRINITY, we offer Bonds, which are instruments of guarantee that will secure compliance and performance of an obligation or an undertaking required by law or contract. Coverage is classified in different types of bonds:
• Contractor's Bond- Covers contracts for construction and engineering
• Bid bond- Guarantees that the winning bidder shall enter into a contract based on the submitted bid proposal
• Performance Bond- Guarantees the faithful compliance & performance of the contractor of the obligations set forth in the contract
• Down Payment Bond- Guarantees the downpayment received by the contractor shall be used for the project and liquidated accordingly
• Warranty Bond- Guarantees the correction and repair of hidden defects in the materials and workmanship used by the contractor in the project found or becoming evident within the year from the date of final acceptance of the project or within one year or other prescribed period from the date of final and substantial completion or provisional acceptance of the project by the Owner
What is the information needed for Bonds?
• Business permit, FS, ITR, Company profile, etc.
• Contract agreement
• Broker of Record (BOR) - form will be provided by Trinity
• KYC form – form will be provided by Trinity
Why choose Trinity?
• KNOWLEDGE & EXPERTISE. Trinity has more than 38 years of experience in the Insurance Industry.
• SECURITY & PEACE OF MIND. Trinity has an extensive network of reputable and trustworthy insurance providers both local and abroad.
• EXCELLENT CUSTOMER SERVICE. We offer Customized and Cost-effective programs coupled with Professional and Personalized touch.
• GLOBAL REACH. We are a part of various international networks which operate in more than 100 countries, providing you with local expertise and world-class services.
Don’t wait until it’s too late – secure your business today and give yourself PEACE OF MIND! Let’s discuss how we can protect your company from the unexpected. INQUIRE NOW!
At Trinity, we are always eager to serve you!
Bonds are instruments of guarantee that will secure compliance and performance of an obligation or an undertaking required by law or contract
Coverage are classified in different types of bonds: •Contractor's Bond- covers contracts for construction and engineering
•Bid bond- Guarantees that the winning bidder shall enter into a contract based on the submitted bid proposal
•Performance Bond- Guarantees the faithful compliance & performance of the contractor of the obligations set forth in the contract
•Down Payment Bond- Guarantees the downpayment received by the contractor shall be used for the project and liquidated accordingly
•Warranty Bond- Guarantees the correction and repair of hidden defects in the materials and workmanship used by the contractor in the project found or becoming evident within the year from the date of final acceptance of the project or within one year or other prescribed period from the date of final and substantial completion or provisional acceptance of the project by the Owner
What are the information/documents needed for Construction Bond? • Business permit, FS, ITR, Company profile, etc.
• Contract agreement
• Broker of Record (BOR) – form will be provided by Trinity