Products

Performance Bonds

Performance security, written at contract award and held through final acceptance.

Steel frame of a building under construction against a clear sky

Overview

Greystone underwrites performance bonds that guarantee faithful execution of engineering, procurement, and construction contracts. The cover protects project owners and lenders against contractor default, abandonment, or material non-performance.

The contractor obtains the bond directly from Greystone at award. The amount is held through execution and released on substantial completion and final acceptance. Typical cover is 10% of contract value, standard international practice, on projects from $10M to $500M+.

Who it's for

Project owners, lenders, and EPC contractors on infrastructure and industrial works across emerging markets.

Why this cover

  1. 01

    Direct relationship with the underwriter, no broker delay between award and issuance.

  2. 02

    Regional teams assess contractor capacity, project risk, and local market conditions before they bind.

  3. 03

    Claims sit with the same desk that wrote the bond.

Talk to a Performance Bonds specialist.

Connect with the Greystone desk that writes this product.

Talk to Underwriting
Greystone Insurance LLC, Your risk. Our responsibility.

Headquarters

Nottingham

9920 Franklin Square DriveSuite 225Nottingham, MD 21236United States

Registered office

Wilmington

108 West 13th StreetWilmington, DE 19801United States

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Greystone Insurance LLC is headquartered at 9920 Franklin Square Drive, Suite 225, Nottingham, MD 21236, with a registered office in Wilmington, Delaware. Product availability, wording, and licensing vary by jurisdiction. Direct underwriting authority, capacity, and decision times are indicative and subject to underwriting. greystoneinsurers.com