Road bonds surety that’s with you at every turn

Thanks to CRL's experience, obtaining your Road & Sewer, Completion and other bond products couldn't be easier

Typically, a local authority agrees to maintain a road (at public expense) once construction work has been completed. As such, a developer has an obligation to provide the local authority with insurance against the work – so a road bond is required before any new development can receive planning permission.

A road bond is a guarantee. If the developer’s work is not done to a certain standard and timescale the local authority can use the bond money to complete the road properly.

road bonds insurance

How are the road bonds valued?

Road bonds usually come as cash, cheque or bank security. A bond’s monetary value is usually based on the local authority’s view of the project’s costs and timeframe.

At CRL, we have the experience and the know-how to guide you through this process – and we will help you obtain a road bonds warranty with minimal hassle.

Just get in touch to discuss your road bonds insurance needs in more detail or complete the online form to apply today.

It is a pleasure to work with Eddie and the team as the projects they take on are usually out of the ordinary – like CRL they have an appetite for adventure.

Our flexible approach meant that we were able to find structural defects insurance for The Metropolitan that ticked all of Juno’s boxes.