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Bonds and Guarantees: What Are They and Why do we Need Them?

Bonds and Guarantees: What Are They and Why do we Need Them?

Level Intermediate
Duration 6 minutes

In this course, we will explore the current challenges and dynamics of the construction bond market, particularly the recent shortage of available bond capacity that threatens project timelines.

Accreditations & CPD

Suitable for CPD requirements of RICS, CIOB, ICE, APM, and PMI members.

Learning Outcomes

By the end of this course, you should be able to:

• Identify key factors affecting bond capacity in the construction market
• Understand strategies for effective discussions on early bond release
• Identify differences between on-demand bonds and true guarantees

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