“Bound to Protect”

To be utilized for any bids that may be participated thereon for a specified period of time.

  • Performance Bond
    • To be issued guaranteeing the prosecution of the project in accordance with the plans and specification for a specific period of time.
  • Surety Bonds
    • To be issued as full undertaking guaranteeing on the full recoupment on the Advance payment through deduction from progress billing.
  • Surety bond for release of 10% retention
    • To guarantee the repairs of any hidden defects and workmanship during the period of construction
  • Surety Bond (Maintenance & Warranty)
    • To guarantee the correction and repair of hidden defects in the materials and workmanship used one year from date of acceptance of the project.
  • Surety bond for payment of labor and materials  
    • To guarantee the payments of labor and materials by the Contractor.

Answers for any claims filed by third parties who have been deprived of participation in the estate of a deceased person within a period of two years from settlement.

  1. Notice of Claim
  2. Proof of payment
  3. Accomplishment report
  4. Principal Contract
  5. Proof of default
  6. Communication of principal with obligee




    Free insurance for traffic enforcers: What you need to know

    It can be tough to be a traffic enforcer in the Philippines. After all, it’s not a joke to stand in the heat all day and deal with everything from road accidents to raging tempers to heavy pollution. One can […]

    5 things to ask before getting insurance for the home

    Without a doubt, investing in home insurance is one of the smartest decisions you can make for your home. After all, it pays to protect your most valuable asset, especially in the event of any unfortunate incident that compromises the […]

    Motor Insurance 101: Understanding Own Damage

    You’re probably already familiar with the concept of motor car insurance. After all, there are many ways in which you can find yourself in an inconvenient or even life-threatening situation as far as your car is concerned, and it’s always […]