©2019 by Phillips Schroeder Surety

What We Do

We take away the complexity of placing a bond by building long-term, personalised partnerships with our clients. We make bonds quick, simple and cost-effective for you – guaranteeing you the best price available in the market.

 

PS Surety can help you with...

Performance Bonds

A bond whereby a Surety covers the losses and damages suffered by an Employer in the event of non-performance by a Contractor.

Advanced Payment Bonds

This bond guarantees that an advanced payment made by an Employer to a Contractor shall be used in accordance with the Contract until materials are delivered and invoiced.

HMRC & Duty Deferment Guarantees

This allows importers the flexibility to defer payment on customs and duties - providing a cash flow advantage.

Pension Bonds

A variety of guarantees to allow employees to move from the public to the private sector, whilst remaining on the local government pension schemes or to guarantee to trustees that a pension deficit shall be funded in the event that the funder fails.

Retention Bonds

Used as alternatives to retentions, a bond is provided to secure the amount that would have otherwise been retained under the Contract.

Section Agreements

Legally binding agreements for works under highway, water and planning acts in favour of local authorities or utility companies.

Letter of Credit Replacement Guarantees

Replacing a LOC or other bank guarantee with an insurance backed guarantee often freeing bank capacity, reducing security at a competitive price.

 

Our Client Commitments

You get the best rate available

We believe in full disclosure, which means you get to see all your bond options and choose the one that works for you. By saving money on your bond, you can pass the savings onto your tender clients or increase your own profitability – it’s up to you.

We place your bond quickly

We make sure that your bond is placed correctly, the first time round – no costly delays or reissuing here. We also take care of all the admin, taking any potential hold-ups off your plate.

You don’t pay a penny for the service

Our service and expertise is completely free – our model works because bond providers pay us a commission. But it’s illegal for them to charge extra to cover our commission – so you’ll never get a cheaper price by going direct.

You have a dedicated account manager

From the moment you pick up the phone, we’ll assign you a dedicated account manager to take you from enquiry to placement and beyond. We pride ourselves on our personal, friendly client relationships, and it seems to be working – most of them come back to us again (and again).

 

"We were so impressed with Rick, the whole process was quick and simple and we saved thousands of pounds. We'll definitely be using PS Surety for all our future bond needs."

Phillips Schroeder Surety Client

 

Find out how much you can save on your bonds now