Products
Bid Bonds
Serious bids only. Issued directly, held through evaluation, released on award or rejection.
Overview
Greystone underwrites bid bonds that satisfy strict international procurement requirements. Typical cover is 2–5% of tender value, held for 30–90 days through evaluation, then released on award or rejection. Bond values typically run $100K–$5M.
The instrument screens for financially capable contractors and lets firms across Africa and MENA compete for international work without encumbering working capital. Regional teams assess capacity and tender risk, then issue directly.
Who it's for
Contractors bidding international tenders, and procuring authorities that require tender security.
Why this cover
01
Direct issuance, no broker delay between tender close and bond delivery.
02
Working capital stays with the contractor instead of sitting in a bank guarantee.
03
Regional underwriting of financial capacity and tender risk.
Related coverage
Performance Bonds
Faithful execution of EPC contracts, protection for owners and lenders if the contractor fails mid-work.
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Advance Payment Guarantees
Insurance-backed surety for mobilisation funds, working capital without tying up a bank line.
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Marine & All Risk
Physical loss or damage across ocean, air, rail, and road, including warehouse and in-transit storage.
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Related engagements
International contractor
MENA
A 90-day international tender required security without freezing working capital.
Bid bond issued directly, held through evaluation, released on award.
Talk to a Bid Bonds specialist.
Connect with the Greystone desk that writes this product.