Surety Bonds & Performance Bonds
Confidence in Every Contract.
What is a Performance Bond?
A Performance Bond is a type of surety bond that guarantees the satisfactory completion of a project in accordance with contractual terms. If a contractor fails to deliver, the bond protects the project owner against financial loss.
Get a fast, no-obligation quote today – simple, secure, and online.
Build with Confidence
Connect with Checkmate’s specialist underwriting team today to discuss your specific bond requirements. We offer a streamlined, efficient process to secure the precise bonding solutions your project demands: ensuring you can proceed with complete confidence in your next project.
Why Use a Performance Bond?
In construction and infrastructure projects, risk mitigation is key. Performance Bonds provide protection and promote trust between all parties involved.
Financial Security
☑ Safeguards the project owner from financial losses
☑ Typically covers 10–20% of the contract value
Builds Credibility
☑ Demonstrates the contractor’s financial stability and professionalism
☑ Reassures stakeholders and project investors
Contract Requirement
☑ Often mandatory in government or large-scale contracts
☑ Required for many public and private construction contracts
Supports Project Continuity
☑ Ensures a backup plan is in place if issues arise
☑ Protects against delays, poor workmanship, or non-completion
Why choose Checkmate for Surety Bonds?
At Checkmate, we don’t just issue bonds – we deliver peace of mind. Our experienced underwriting team works fast to get your bond approved and in place, helping you move forward with confidence.
Fast, Competitive Quotes
Use our online platform to get a quick quote, often in under 24 hours.
Quick Issuance
Once approved, we issue your bond documentation promptly - no delays, no stress.
Construction Experts
We specialize in the construction and property sector, so we understand your world and your needs.
Exceptional Support
From quote to completion, our UK-based team is here to support you. Reliable. Professional. Efficient.
FCA Regulated
All of our surety bonds are fully compliant and backed by leading insurers, offering total confidence.
Get a Quote Today
Start your quote today and get covered fast.
Who needs a Performance Bond?
Performance Bonds can be used by a variety of parties involved in construction and you can trust Checkmate to help you secure the right quote for you – simply, quickly, and securely.
Contractors
Main Contractors bidding on large-scale residential or commercial projects.
Developers
Developers requiring assurance from subcontractors.
Authorities
Local Authorities or Lenders needing financial guarantees to reduce exposure.
Managers & Owners
Contract Managers or Project Owners looking to protect delivery timelines.
Other Surety Bond Types Available
While Performance Bonds are the most requested, we also offer:
- Advance Payment Bonds - Securing upfront payments to contractors
- Bid Bonds - Guaranteeing commitment during the tender process
- Retention Bonds - Replacing retention funds with a financial guarantee
- Maintenance Bonds - Covering defects during the post-completion period