Bidder's Bond
Supports a bid submission and guarantees the bidder will honor the award.
Typical basis: 5% of contract amount
Inquiries and applications submitted through SuretyPH are endorsed to the relevant duly licensed insurance company. Approval is subject to verification of submitted information, eligibility requirements, and the underwriting guidelines of that insurance company.
Products
Surety undertakings commonly required by Philippine government agencies, private owners, courts, and regulators. Percentages shown are typical bases only — the obligee's requirement always governs.
Supports a bid submission and guarantees the bidder will honor the award.
Typical basis: 5% of contract amount
Secures faithful performance of contract obligations.
Typical basis: 30% of contract amount
General undertaking required by an obligee for a specific commitment.
Typical basis: 15% of contract amount
Covers payment obligations to suppliers, labor, and subcontractors.
Typical basis: 15% of contract amount
Covers defects during the warranty period after completion.
Typical basis: 10% of contract amount
Secures the mobilization or advance payment released by the obligee.
Typical basis: 15% of contract amount
Filed to stay execution of a judgment pending appeal.
Typical basis: 100% of contract amount
Required for customs and importation undertakings.
Typical basis: 100% of contract amount
Required by courts for injunctions, replevin, and similar actions.
Typical basis: 100% of contract amount
Covers loss from dishonest acts of accountable officers or employees.
Typical basis: 100% of contract amount
Any other undertaking required by an obligee.
Typical basis: 10% of contract amount
Full pages covering purpose, who needs the bond, requirements, process, and FAQs.
Bid Bond
Bid security required when submitting a proposal to a Philippine government agency or private project owner.
Performance Bond
Performance security guaranteeing faithful performance of a contract after award.
Advance Payment Bond
Security for mobilization or down payments released ahead of accomplishment.
Warranty Bond
Defects liability security covering the warranty period after project completion.
Customs Bond
Surety undertakings required by the Bureau of Customs for regulated import and transit transactions.
Judicial Bond
Court-required bonds for provisional remedies, appeals, and fiduciary appointments.
SuretyPH is a digital information and lead-generation platform owned and operated by McMatthise Global Group Corporation. It does not independently underwrite, approve, bind, issue, or guarantee any insurance policy or surety bond. Evaluation, underwriting, premiums, approval, and issuance remain the responsibility of the relevant duly licensed insurance company.