Bonds in the Construction Industry

Bonds in the Construction Industry

The Construction Industry Federation (CIF)in conjunction with DRS Bond Management and Byrne Wallace LLP will host a webinar, Bonds in the Construction Industry, on Wednesday 10 November from 10am – 11am.
The webinar will be 45 mins in length and will include time for Q&A.

Bonds in the Construction Industry

• Why do we need bonds & guarantees?
• The surety market: insurers (investment grade)
• The surety market: ‘offshore’ and ‘unrated’ sureties
• Current market conditions
• COVID-19 & Brexit
• How does a contractor get a bond?
• Relationship with your bonder
• What influences the cost of a bond?
• What to be aware of in relation to terms of conditions included on bonds
• Timing of when to source your bond
• Different types of bonds
• Managing your bond capacity post practical completion

The CIF is the Irish construction industry’s representative body. It provides a broad range of services that assist members in navigating the political, business, economic and regulatory environment.

These services cross the full business spectrum and include Recruitment and Training, Legal and Industrial Relations Consultation and Advice; Health & Safety; Marketing and Industrial intelligence Reports; Engagement with Government, Statutory and other industry bodies, and regular updates on all issues affecting the construction industry.

All services are provided on a national and regional basis from offices in Dublin Cork and Galway.

The CIF key areas of focus are:

  • Developing thriving regions
  • Public Capital Spending Programmes
  • Recruitment and planning for future skills needs
  • Public Sector Procurement Contracts, Policies and Procedures
  • Improving access to finance for SMEs
  • Delivering ongoing training
  • Resolving payment disputes and facilitating debt recovery
  • Enhancing the reputation of the construction sector is Ireland’s new online jobs board. Our tools and services give jobseekers the best possible opportunity to find the ideal job.

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