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Secure your project with the only company in the UK dedicated to specialising and procuring road/highway bonds and reap the benefits of our unrivalled and unparalleled technical knowledge. Thanks to our extensive and exclusive underwriting partnerships, RS Bonds will guarantee you the lowest-priced quote on the market.
We assist housebuilders and developers in satisfying the Adopting Parties bond requirements in relation to the following Legal Agreements:
Contact us today if you’re still unsure which road bond is right for you
Our exclusive commitment and expert knowledge of the Highway / Road Bonds market means we can add value and provide more favourable terms than elsewhere achievable in the general surety or insurance markets.
Let us handle everything for you. You’ll benefit from a dedicated client account manager guiding you through the process, liaising with local authorities and offering unmatched advice & support you won’t find elsewhere.
Other reasons to work with RS Bonds include:
Access our new easy-to-fill-out online bond application form here.
A road bond, also known as a highway bond, is an adoption agreement which provides a financial guarantee from an independent third party (underwriter) to the Adopting Party (local authority) to ensure the Developer completes road works to the required standard.
If a Developer fails to fulfil their obligations as detailed within the adoption agreement, the Adopting Party can call upon a bond to secure the monies necessary to fund the completion or rectification of required works to bring the highways or sewers to an adoptable standard.
Once the adoption of a site’s infrastructure has been achieved, the road is transferred to the Local Authority which is then maintained at the public’s expense.
Interested in a sewer bond? Find out everything you need to know here
If a housebuilder or developer wishes to transfer a private road into a public road, the Local Authority will require the developer to provide a road bond. This highway bond provides a financial guarantee to the local council to ensure the road is built to the agreed-upon standards, allowing for the adoption of the road.
If you’ve been caught off guard about this, and are just about to commence work, we can help you procure the road bond ASAP, to make sure there are no delays.
Owing to our unique position in the market, we hold an extensive, exclusive and bespoke underwriting panel, enabling us to source immediate bond solutions.
Formal quotations can be provided anywhere between 5-7 working days upon receipt of a full application form and supporting information.
If you’ve used our services in the past, you’ll receive a quote faster as we’ll have access to previously submitted financial and application form data.
To apply for a road bond, please reach out to us. Our client relationship team will require:
Please note that the possibility of additional security will aid your application.
Our team is highly experienced and specialised in procuring road bonds, and can help you complete your application form over the phone if required.
The cost of a road bond can vary and is influenced by several factors – such as your financial strength, the availability of additional security, the bond agreement/reduction points, and the status of the works.
At RS Surety Bonds, we guarantee we will beat any quote on the market, meaning you’ll get the best price possible.
Complete our new easy-to-fill-out online bond application form here.
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Closely monitored Monday to Friday, between the hours of 9:00 and 17:00.
