What is the legal framework behind Road and Sewer Bonds in the UK? The legal framework for Road and Sewer Bonds in the UK is based on two Acts: The Highways Act and the Water Industry Act. Many different article agreements cover Road and Sewer Bonds, these are; Road/Highway Sewer This article will discuss some…
Will having a bond affect my ability to secure other financing or loans? When contractors are looking to finance their projects, the ideal option is a bond. However, many contractors will worry that the bond they get will affect their ability to secure other financing or loans. This article will discuss why this isn’t the…
Who Will be the Provider of My Road & Sewer Bond? When you are looking to get a Road and Sewer Bond, you may have a number of questions, and who will be the provider of the road and sewer bond is one of these. This article will answer this question, as well as other…
How Long Does it Take to get a Surety Bond for Road and Sewers? If you’ve ever wondered how long it takes to get a Surety Bond for road and sewers, whether anything can slow down the process, or even why Surety Bonds are so important for Road and Sewer Bonds, all will be explained…
Are You Struggling to Obtain a Road and Sewer Bond from Your Warranty Provider? Trying to obtain Road & Sewer Bonds from warranty providers can be difficult, especially for SMEs. This is because the criteria for warranty providers can be somewhat heightened in comparison to insurers. Warranty providers focus primarily on underwriting warranty and insolvency…
Cash Bonds Vs Surety Bonds: What Are The Differences? For all developments within the UK and Ireland, Road & Sewer Bonds are a legal requirement when the developer wishes to transfer responsibility for a road or sewer to the local authority or water company. Therefore, not obtaining the correct Bonds can not only leave you…
What Is A Road And Sewer Bond? & What Will It Cost? Road and Sewer Bonds are a contractual requirement when a developer wishes to transfer responsibility of a road or sewer to the council or a water company. However, a lot of new developers may be unaware of what bond they require and why…
