What types of bond are available?

There are a number of different types of bond available within the UK Construction industry. These include, though are not limited to: Performance bonds, Advance Payment bonds, Retention bonds, Section bonds, Bid bonds, NHBC bonds and Warranty bonds.

Section bonds are also known as ‘highways’ or ‘sewer bonds’ and are usually in favour of a local authority.

Managing and facilitating bonds | Kerry London Limited