Infinity International Surety Bonds Solutions
Infinity International Surety Bonds Solutions
“Make your business international; we will insure it”
By means of an express personal guarantee agreement, you can engage a third party, independent of, the guaranteed main business, to respond jointly or severally to compliance with the creditor in case the debtor does not fulfill his obligations.
You can vouch that the contract entered into in or outside a country is fulfilled as per the terms and conditions previously agreed by both parties.
There are four types of bonds available:
1- The Contract Performance Bond: Guarantees that the contract will be completed according to the terms and conditions agreed to by both parties.
2- The Bid Bond: Ensures that the bidder will furnish the payments and/or necessary requirements in case the contract is awarded to him.
3- The Payment Bond: Ensures that suppliers and subcontractors will be paid for work completed as per the contract.
4- The Auxiliary Bond: Guarantees other incidental and essential factors for the completion of the contract.
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