Bidder's Bond
Supports a bid submission and guarantees the bidder will honor the award.
Typical basis: 5% of contract amount
Products
Bond 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.
Performance Bond
Secures faithful performance of contract obligations.
Typical basis: 30% of contract amount
Surety Bond (General)
General undertaking required by an obligee for a specific commitment.
Typical basis: 15% of contract amount
Payment Bond
Covers payment obligations to suppliers, labor, and subcontractors.
Typical basis: 15% of contract amount
Warranty / Guarantee Bond
Covers defects during the warranty period after completion.
Typical basis: 10% of contract amount
Advance Payment Bond
Secures the mobilization or advance payment released by the obligee.
Typical basis: 15% of contract amount
Supersedeas Bond
Filed to stay execution of a judgment pending appeal.
Typical basis: 100% of contract amount
Customs Bond
Required for customs and importation undertakings.
Typical basis: 100% of contract amount
Judicial / Court Bond
Required by courts for injunctions, replevin, and similar actions.
Typical basis: 100% of contract amount
Fidelity Bond
Covers loss from dishonest acts of accountable officers or employees.
Typical basis: 100% of contract amount
Other Bond Type
Any other undertaking required by an obligee.
Typical basis: 10% of contract amount
SuretyPH is a bond application and document-processing platform. It does not issue surety bonds and does not guarantee approval. All applications, premiums, collateral requirements, approvals, and issuances are subject to evaluation and confirmation by an authorized issuing insurance company.