Guardrisk Engineering and Guarantees (C&G)

• Contractors all risks
• Erection all risks
• Plant all risks
• Machinery breakdown
• Deterioration of stock
• Project delay / advanced loss of profits
• Works damage
• Electronic equipment
• Completed civil engineering risks

• Bid bond/guarantee
• Advance payment bond/performance
• Performance bond/guarantee
• Retention bond/guarantee

• The retailer (service station) has to provide the fuel company with a fuel guarantee to enable the service station to trade on a debit order payment system. The services station is able to manage its cash flows more efficiently if a guarantee is provided to the fuel company. In the absence of a fuel guarantee, the service station has to pre-pay in cash or provide the fuel company with a bank guaranteed cheque, when ordering fuel.

Client Profile

Small and medium businesses
Large companies, organisations and government

Geography

South Africa, Sub-Saharan Africa and selected international countries