Bonds security for your contract

Select from our range of bonds to secure your project.

TRINRE offers the following four types of bonds: –

• Tender / Bid Bonds
• Performance Bonds
• Advance Payment Bonds
• Customs Bonds

Documentation Required for Assessment

A bond is not an insurance policy but a financial product and as such requires assessment of both the bond applicant and financial statements.

The list of documents below are required to make a complete and reasonable assessment of the bond risk:

• Completed Applicant Form (no ticks or blanks accepted)
• Financial Statements
  • Audited Accounts for last three (3) years for an existing company
  • Projected Accounts for a new company

Specimen of Bond wordingPlease note that other information may be requested.
Upon approval you will be advised of additional documents that will be required.

Requirements from Applicant Upon Approval

• Corporate Counter Indemnity from the Insured / Director
• Two(2) forms of identification of Directors and Shareholders
• Utility bill within the last 3 months
• Payment of Premiums
• The CAR/EAR Insurance where applicable
• Latest Annual Return of Directors
• Articles of Incorporation
• Certificate of Incorporation or Continuance
• Reference letter from foreign bank (for foreign customers only)
• PEP Declaration Form
• Source of Funds (if required)
• Company Profile including Organizational Chart