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 Agreement Bond (Highways Act 1980)
  • Section 104 Agreement Bond (Water Industry Act 1991)
  • Section 185 Agreement Bond (Water Industry Act 1991)
  • Scottish Road Agreement Bond (Security for Private Road Works Regulations 1985)
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50 Years’ Experience

Our team has over 50 years’ experience in Highway Bonds, Sewers Bonds, Insurance, Civil Engineering and Housebuilding, which combined, enables 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 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, 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

We pride ourselves on the fact that we have dealt with over 90% of Water Companies and Local Authorities in the UK, and as a result of this, we are often 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 agreement 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 / Road 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 Swap
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, Sewers Bonds, Insurance, Civil Engineering and Housebuilding, which combined, enables us to remain market leaders in Road & Sewer Bonds.

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““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.”

Martin Sherman – Pickering & Ferens Homes

“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.”

Chris Gibbs – Tricas Construction

“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.”

Paul Timmins – Alps Homes