Welcome to RS Bonds Surety

About RS Bonds Surety

RS Bonds are the only company in the UK that specialise solely and exclusively in the procurement of road and sewer bonds, on behalf of housebuilders.

Bonds We Specialise In:

  • Section 38 Agreement Bond (Highways Act 1980)
  • Section 278 Agreement Bond (Highways Act 1980)
  • Section 220 (APC) Agreement Bond (Highways Act 1980)
  • Section 98 Agreement Bond (Water Industry Act 1991)
  • Section 104 Agreement Bond (Water Industry Act 1991)
  • Section 185 Agreement Bond (Water Industry Act 1991)
  • Article 161 Agreement Bond (Water and Sewerage Services Act / NI / 2016)
  • Section 21 Agreement Bond (Road / Scotland / Act 1984)
MORE ABOUT OUR COMPANY

CG Bonds Surety

DO YOU REQUIRE A PERFORMANCE BOND?

For more information please contact CG Bonds on 0204 511 3804 or email: enquiries@cgbonds.co.uk

www.cgbonds.co.uk

50 Years’ Experience

Our team has over 50 years’ experience in Road Bonds, Sewer Bonds, Insurance, Civil Engineering and Housebuilding. These combined enable us to remain market leaders and a recognised advisory in our very specialist and niche area of the surety market; specifically relating to Section 38, 278, 220 (Highways Act, 1980) and Section 98, 104, 185 (Water Industry Act, 1991) Bond Agreements.

Technical Advice

One of our prominent unique selling points is that in addition to extensive surety market knowledge, we can offer technical advice during every stage of the bond process. We can offer guidance and help on appointing the appropriate designer, all the way through to managing the onsite works and ultimately liaising with the Water Company or Local Authority to achieve adoption.

Innovative Solutions

We are not a simple road and sewer bond provider or broker. Instead we apply our expert knowledge to work with developers and look if there are more efficient or alternative ways to approve Local Authority or Water Company requirements to either reduce or in some cases even negate the need for a bond at all – please refer to our case studies, for evidence.

Excellent Customer Service

We have been recognised as a ★★★★★ service provider which we achieve by employing dedicated relationship managers whose sole focus is to work with that developer. We act as a bolt on to our client’s resources throughout the lifetime of a bond, from receiving the initial enquiry all the way through to the achievement of cancelling a Section 38, 278, 220, 98, 104 and 185 bond.

Exclusive Underwriter Agreements

We use our expert knowledge and assurance to attract and retain insurers to the market that do not ordinarily operate within the road and sewer bonds market. The protection measures we provide means we have the most extensive, flexible, and accommodating underwriting panel in the UK.

Extensive Local Authority and Water Company Relationships

RS Bonds has dealt with over 90% of Water Companies and Local Authorities in the UK. As a result, we are able to boast of holding enhanced relations with most bond beneficiary’s engineering and legal departments to help facilitate our clients and legal teams in putting Section 38, 278, 220, 104 and 185 agreements in binds quickly and efficiently.

Best Value Quotation Policy

We operate a strict, ‘Best Value Only’ policy in which we always seek to achieve the best market response for our clients. We seek to only ever offer terms with zero cash collateral requirements and minimum personal indemnities.

Our Services

Highway Bonds
Highway Bonds

Our primary role is to work with housebuilders and developers to assist them in satisfying the Adopting Parties bond requirements.

Sewer Bonds
Sewer Bonds

Our exclusive commitment and expert knowledge of the Sewer Bonds market means we can add value and provide more favourable terms.

Bond Management
Bond Management

We offer continuous support to developers, from providing reminders on key milestone dates of existing bonds, through to securing pre agreed facilities with underwriters.

Technical Advisory
Technical Advisory

We can offer developers technical advice from appointing road and sewer design consultants, consulting on onerous necessary agreement terms.

Bond Swaps
Bond Swaps

We offer developers the ability to swap existing cash or bank bonds that are restricting access to vital working capital.

Training
Training

RS Bonds Surety provide Road & Sewer bond training to developers, insurers, and housebuilders.

Our Mission

Our mission is to procure the best value road and sewer bonds for housebuilders, as efficiently as possible.

Our Vision

Our vision is to sustain ourselves as the industry’s recognised experts and market leaders in procuring and advising on road and sewer bonds.

KNOWLEDGE & DEDICATION

We combine an inherent technical and legal knowledge with a dedication to this specialist sector of the surety market to always achieve best value for our clients.

TECHNICAL EXPERTISE

Our expertise and unique market position is validated by the fact that we work closely with the largest housing warranty providers in the UK.

TRUSTED RELATIONSHIPS

Our unique position in the road and sewer bonds market has allowed us to negotiate exclusive agreements and develop key relationships with both international and boutique underwriters, as well as Local Authorities and Water Companies.

50 YEARS EXPERIENCE

Our team has over 50 years’ experience in Highway Bonds, Sewer Bonds, Insurance, Civil Engineering and Housebuilding, which combined, enables us to remain the market leaders in the Road & Sewer surety market.

FREE ROAD AND SEWER BONDS

As we are the market leaders with unrivalled knowledge of the road and sewer bond market, we are the only company in the UK that can offer stand alone, free road and sewer bonds. The primary factor that will influence whether a free bond can be offered, will be the strength of your company’s financial status and trading history.
To find out if you qualify for a free road or sewer bond please contact us below:

CONTACT US

As featured in

Lorna Chambers
Taylor French Developments

“We were advised by NHBC to approach RS Bonds to help us place a Section 185 bond for one of our schemes. Although it is currently a difficult time in the market RS Bonds managed to obtain us a favourable quotation. We have utilised RS Bonds services on many other sites since and are happy with the experience that we have received. I would recommend them to anyone who requires surety bonds.”

Chris Baldwin
Matthews City and Country Homes

“I was impressed with how RS Bonds were able to fill a gap where we had a problem and they were a great help to us throughout. The extremely efficient service of RS Bonds helped us with any queries or questions we had, and this made them different to similar companies available. With the help of RS Bonds, we were able to gain the bond we needed.”

Julian Lee
William and Lee Developments

“I came to RS Bonds as I was trying to get surety for a water bond. They were very efficient when getting things done and I would recommend them to others in similar situations.”

Ray Wild
TC Homes

“Other companies didn’t want to quote for us as we didn’t have the accounts however RS Bonds were the only company who considered helping us. As a result of their help, we were able to place the bond and therefore avoid issues that would have meant we couldn’t start the build. We had never had to place bonds before, yet RS Bonds made it nice and simple and were very efficient in their work. I would definitely use their services again and I have done!”

James Higdon
Higdon Homes

“I approached RS Bonds as we needed to source a surety for a S104 and a S38. I was put in touch with the team who were extremely helpful and made it straightforward and simple, it was a one stop shop for everything we needed. I would recommend RS Bonds to anyone who needed them, and I will be using them again.”

Marcel Gold
Olnato Ltd

“I needed to acquire a bond for a S38 and was referred to RS Bonds so decided to work with them. I would certainly recommend RS Bonds to others and would use them again for my upcoming developments.”

Paul Timmins
Alps Homes

“RS Bonds’ quick and easy service made it simple for me to acquire a S278 bond for our development. They were recommended to me and I would recommend them to anyone who needs to place a bond. I would happily use RS Bonds’ services again on future developments.”

Chris Gibbs
Tricas Construction

“RS Bonds services helped us place a S278 and a S38 on a development after being recommended to us. We are already in talks with RS Bonds for assistance on an additional development as they were so quick and efficient to work with so I would 100% recommend them.”

Martin Sherman
Pickering & Ferens Homes

“RS Bonds’ quick response and service helped us to place a S38 and S278 bond. RS Bonds were recommended to us and we would absolutely recommend them to other developers who need similar assistance.”

Melissa Kroger
Fenwood Estates

“We required a road bond to cover a S38 agreement on one of our sites, the bond was too large for us to cover with our own cash – we are a small/medium sized family building company and the cash flow we have we use to generate the next land purchase so the bonds have to come cash wise from a bondsman to make it work for us. I was referred to RS Bonds and when I spoke to them they assured me that RS Bonds would definitely be able to help a business such as ours. They were very friendly and tried to help me straight away. We really got on well and have worked well together on the first bond placement. They put together a great initial case to go out to your bondsman in hope of getting a deal that is feasible cost wise for a company of our size. Thus, giving me the confidence to come back for our next site – I am very pleased with their service.”

Mike Walsh
Arianne Developments

“RS Bonds where recommend to me. They made the process straightforward with no hassle. I would recommend RS Bonds to anyone who needs them. I will be using them again if I ever require their services.”

Colleen Grady
For Housing

“LABC signposted us towards RS Bonds to obtain the surety bonds for adoption section agreements. The level of service received was very impressive. The team at RS Bonds were very friendly and kept me up to date throughout the application process. They led on discussions with the Local Authority when a query arose regarding the bond and managed the matter very well. I would recommend them to other developers.”

Nick Ashfield
Oakford Homes

“We approached RS Bonds as recommended by LABC Insurance because we had a situation where the offsite highway works were not attached to the development. Usually our bondsman; LABC / NHBC would offer the bond but this time they were unable to as the works were not directly associated with the site. RS Bonds made the whole process quick and easy in a situation where we struggled to find a solution.”