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✓ Surety Insurance

Retention Bond

A bond provided in lieu of cash retention (usually 5–10%) that guarantees the contractor will fulfill post-completion obligations.

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About This Policy

Retention Bonds allow contractors to receive full payment during the project while still giving the project owner financial assurance of quality and compliance.

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Who Should Buy?

Contractors executing high-value or cash-strapped projects, Firms facing tight working capital cycles, Projects where retention deduction is contractually required.

Coverage

What's Protected

Comprehensive coverage designed to give you complete peace of mind

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The bond guarantees that the contractor will fulfill post-completion and quality obligations. If they fail, the insurer pays the retained amount to the owner. It substitutes retention money while securing compliance.

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Retention Bond

About This Policy

Who Should Buy?

What's Protected

Similar Policies in Surety Insurance

Bid Bond

Performance Bond

Advance Payment Bond

Maintenance Bond

Ready to Protect What Matters?