Performance Bonds.

Guarantees contractual performance and protects project owners against financial loss if a contractor fails to fulfil agreed obligations.
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Benefits

Why Specialist Risk Group?

Specialist Risk Group (SRG) tailors Performance Bond solutions that support compliance with contractual, regulatory, and project-specific requirements. Working with specialist surety providers and insurers across Singapore and the region, we help contractors secure the bonds they need to tender, commence, and complete projects without placing unnecessary strain on cashflow or working capital. Our advisory-led approach ensures your bonding facility is structured appropriately for your project pipeline, financial capacity, and contractual commitments. 

Specialist surety and construction insight

Deep understanding of project risk, contractual terms, and performance obligations across the construction and engineering sectors.
SG - Specialist surety and construction insight

Facility and bond structuring

Support in arranging single bonds or establishing revolving bonding facilities aligned to your operational and financial needs.
SG - Facility and bond structuring

Cashflow-efficient alternatives

Options that reduce reliance on bank guarantees, helping preserve credit lines and liquidity.
SG - Cashflow-efficient alternatives

Insurer relationships

Strong insurer relationships delivering competitive terms, fast turnaround times, and flexible bond solutions.
SG - Insurer relationships

solution overview.

A Performance Bond provides financial assurance to project owners (principals) that a contractor will fulfil the terms of a contract. If the contractor is unable to complete the work, performs defectively, or breaches contractual obligations, the bond offers compensation to the principal as specified in the bond wording. In Singapore’s competitive construction landscape – where government agencies, developers, and large corporates frequently mandate bonds – Performance Bonds play a critical role in enabling contractors to secure work and remain compliant.
Speak to a Specialist

Product overview.

A Performance Bond provides financial assurance to project owners (principals) that a contractor will fulfil the terms of a contract. If the contractor is unable to complete the work, performs defectively, or breaches contractual obligations, the bond offers compensation to the principal as specified in the bond wording. In Singapore’s competitive construction landscape – where government agencies, developers, and large corporates frequently mandate bonds – Performance Bonds play a critical role in enabling contractors to secure work and remain compliant.
SG - Performance Guarantee@2x

Performance Guarantee

Financial protection for the principal if the contractor fails to complete works in accordance with contract terms.
Our clients

Who is it for?

Performance bonds are suitable for organisations undertaking project-based work, including:
Main contractors and subcontractors
Main contractors and subcontractors
Construction, civil engineering, and infrastructure firms
Construction, civil engineering, and infrastructure firms
Mechanical, electrical, and specialist engineering contractors
Mechanical, electrical, and specialist engineering contractors
Fabrication, installation, and fit-out contractors
SG - Fabrication, installation, and fit-out contractors
Developers or principals requiring bonds from their suppliers
SG - Developers or principals requiring bonds from their suppliers
SMEs participating in public or private sector tenders
SG - SMEs participating in public or private sector tenders
Any business entering into a contract that requires financial assurance of performance
Any business entering into a contract that requires financial assurance of performance
Main contractors and subcontractors
Main contractors and subcontractors
Construction, civil engineering, and infrastructure firms
Construction, civil engineering, and infrastructure firms
Mechanical, electrical, and specialist engineering contractors
Mechanical, electrical, and specialist engineering contractors
Fabrication, installation, and fit-out contractors
SG - Fabrication, installation, and fit-out contractors
Developers or principals requiring bonds from their suppliers
SG - Developers or principals requiring bonds from their suppliers
SMEs participating in public or private sector tenders
SG - SMEs participating in public or private sector tenders
Any business entering into a contract that requires financial assurance of performance
Any business entering into a contract that requires financial assurance of performance

related products & covers.

Our approach is tailored to each business we work with. Other products and covers we can arrange that may support your business include:
UK - Contract works@2x

Contractors’/ Erection All Risks (CAR/EAR)

Comprehensive protection for construction and installation works, including project materials, equipment, and third-party liability.
Learn more

Frequently Asked Questions.

A Performance Bond provides financial assurance to a project owner that a contractor will meet its contractual obligations. It is commonly required to secure tenders, commence works and protect the principal if performance fails.

Speak to a specialist

You can easily contact us by filling out the form. Once you have submitted your enquiry, one of our friendly colleagues will reach out to you.