In the daily running of your business, it is necessary to have securities providing sufficient backup for your construction bonds and guarantees. Hollard Botswana’s Construction Bonds and Construction Guarantees will assist your business in maintaining and fulfilling your contractual agreements.
Undertaking to issue a guarantee where the contractor is awarded the contract.
Guarantee to repay the employer should the contractor use the advance other than for the purchase of the contract materials.
Guarantee that the contractor will perform the work as specified in the contract.
Guarantee that the contractor shall provide repairs and/or maintenance for a specific period.
Guarantees ownership to the employer where the contractor fails to build the materials into the contract works.
Guarantee that the contractor shall re-import plant and equipment used for neighbour state contracts.
Use our broker tool to find an insurance broker in Botswana.