At RS Bonds, we are the only Surety Bond Specialists offering a Bond Management Programme providing aftercare to developers. As part of our commitment to establishing long-lasting relations with our clients, we offer continuous support to developers from providing reminders on key milestone dates of existing bonds through to securing pre-agreed facilities with underwriters for future requirements.
Bond Management Programme
At RS Bonds, we are the only Surety Bond Specialists offering a Bond Management Programme providing aftercare to developers. As part of our commitment to establishing long-lasting relations with our clients, we offer continuous support to developers from providing reminders on key milestone dates of existing bonds through to securing pre-agreed facilities with underwriters for future requirements.
Post-Bond Procurement Aftercare
The Bond Management Programme is essential right from the moment a development is awarded, and its early implementation is highly advantageous. The process commences even before a bond is executed, with the programme actively working to negotiate and potentially reduce the bond value. This comprehensive approach involves ensuring the bond wording is fair and appropriate before the bond is signed and completed.
Recognising the lack of aftercare Housebuilders experience post-bond procurement, RS Bonds established a dedicated Bond Management Programme. Through this programme, we actively partner with Housebuilders, providing key milestone reminders to support and assist in the efficient achievement of adoption and bond cancellation, thereby freeing up headroom for new Road and Sewer Bonds.
Manage your live bond portfolio by seeking a tailored Bond Management Programme to efficiently achieve bond cancellation, thus reducing expenditure on bond overrun fees.
Benefits Of Our Bond Management Programme
Freeing up headroom for more bonds
Efficiently achieving bond cancellation therefore reducing bond overrun expenditure
Receiving key milestone reminders so that Housebuilders can focus on what they do best – which is building new homes
The bond management team can negotiate the original bond value down, therefore, reducing the initial cost of the bond
Housebuilders tend to consult their legal team on bond matters incurring substantial costs, but they often lack the necessary technical expertise. Our Bond Management Programme not only alleviate this financial burden but also provide valuable technical knowledge to navigate bond related challenges efficiently
Why Choose
RS Bonds?
We use our unparalleled technical expertise and extensive Local Authority/Water Company relations, combined with established contacts within the Surety Market, to help satisfy all site infrastructure bond requirements held by developers.
Supported by RS Solutions
Bond Management Programme FAQs
The Bond Management Programme provides a dedicated point of contact for all matters relating to your bond. Our aim is to simplify the management process and offer ongoing support throughout the bond’s lifecycle. This includes assistance with reduction certificates, progress updates, resolving concerns, and providing any technical guidance required.
Managing a bond can be a time-consuming and often overlooked task. Many developers find it challenging to track progress and keep all parties informed. The Bond Management Programme removes this burden by offering proactive, scheduled reminders at key intervals throughout the bond’s duration. Our expertise ensures you’re fully informed on next steps, and we’re always on hand to help keep your bond progressing towards timely completion, protecting your position every step of the way.
Once a bond is issued by RS Bonds, it is immediately handed over to our Bond Management team. From that point forward, all communication and queries regarding bond aftercare, including cancellation, are handled directly by our specialists. The team remains available until the bond is officially concluded and considered off-risk by the underwriter, ensuring nothing is missed and all obligations are met.
This benefit is included at no extra cost once your bond is issued with RS Bonds.
To get the most out of the programme:
- Be proactive in providing any certificates or documentation issued by the bond beneficiary or employer.
- Make use of our phone support and don’t hesitate to ask questions—no matter how small.
- You can email the team directly at bondmanagement@rssolutions.co.uk, and we’ll aim to respond as quickly as possible.
- Open and timely communication is key to ensuring a smooth and successful bond journey.
