Performance Bond Insurance
A Performance Bond is a financial guarantee issued by an insurance company or bank on behalf of a contractor.
It protects the project owner by guaranteeing that the contractor will complete the work according to the contract terms. If the contractor fails to perform or does not complete the project as agreed, the bond issuer compensates the project owner up to the bond amount.
It is commonly required in construction, infrastructure, government tenders, and large commercial projects.
In simple terms, it reassures the client that the contractor has the financial backing to deliver the project properly.
Get Ready to Be Covered
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Contract copy or draft agreement
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Project value and bond amount required
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Project duration
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Company legal documents
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Company financial statements
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Company profile and past project.
Trusted by Contractors & Project Developers
Darius, Construction Company Owner in Jakarta
Many of our projects require performance guarantees before we can even start. BPI helped us arrange the bond quickly with clear guidance on the requirements. It made the whole process much smoother with our client.
Meilin, Property Developer in Bali
Having a performance bond in place gives confidence to everyone involved in the project. BPI handled the coordination professionally and explained each step, which was very reassuring.
Olivier, Infrastructure Contractor in Surabaya
For large contracts, financial credibility is essential. BPI helped structure the right guarantee with competitive terms, and the approval process was faster than I expected. Their expertise in this area made a real difference.
What Contractors Are Wondering About Performance Bonds
Here are some of the most common questions we receive about project guarantees and contractor obligations
Project Guarantees & Construction Risk Insights
Expert guidance and practical information to help contractors and developers manage project risks with confidence