Major construction projects are currently underway in various cities and towns in South Africa. Entrepreneurs and construction consortiums alike are faced with risks associated with damages or negligence caused by the contractors they employ. This creates the need for surety solutions on behalf of the contractor in respect to their performance. saXum offers a wide range of surety solutions exclusively underwritten by Lloyds of London aimed at South African contractors, some of which include:

  • Performance Bonds
  • Retention Bonds
  • Advanced Payment Bonds
  • Bid Bonds
  • Unused Materials On Site Bonds
  • Custom Bonds