BID BOND – Experts in public tenders guarantees
The bonds offered by BidBond are advantageous guaranteeing instruments which will help you win and perform the contracts aquired, protecting your business and financial stability against any unfounded claims of the beneficiaries.
Who needs us?
Suppliers of equipment, machinery, etc.
Why use bonds?
Here are some of the advantages of using an insurance guarantee:
- You avoid blocking sums of money in collateral deposits. Your liquidities remain intact.
- By using this type of insurance you have the opportunity to participate in more auctions.
- You may unlock the amounts retained in the beneficiary’s accounts.
- We offer much lower costs compared to a letter of guarantee.
- We will issue the guarantee in a very short time.
- We offer you protection against abuses of the beneficiaries.
The guarantee for bids (BID BOND) represents an alternative to a Bank Letter of Guarantee or a bank transfer in favour of the contractor, when …
The Performance Bond
The Performance Bond is the instrument of guarantee imposed to companies that sign a public procurement contract. This guarantee represents a …
The Maintenance Bond
The Maintenance Bond complements the Performance Bond and covers the post-execution maintenance, if this period had been referred to in the ini…
The Advance Payment Bond
The Advance Payment Bond guarantees the refund by the debtor of the sums that the creditor has paid as a cash advance for the provision of servi…
Internal and Export Credit Insurance
This Insurance concerns the financial losses suffered due to the uncashed in amount of the claims of the delivery of goods/provision of services …
The Euro Bond is an insurance policy that guarantees the refund of the cash advance, similar to the Advance Payment Bond, and can be established if …
External Insurance Policies
Bidbond.ro, through its external partners, can insure the guarantee that you require both inside and outside Romania. In the event that you wish to …