Easy Application Process.

  • Download Form

    Download the application form.

  • Fill in form

    Complete application form and attach all
    the required documentation as clearly indicated
    on the form.

  • Send completed form

    Ensure that the application form is completed properly and signed. Email it with supporting documents to info@fusionguarantees.co.za or fax to (011) 867-2745

Quick approval.

1. You receive your pre-agreement quote and pro-forma invoice
2. On acceptance of the pre-agreement quote, sign and return the completed form to info@fusionguarantees.co.za or fax to (011) 867 -2745
3. Perfection of security documents and signing of credit agreements
4. Payment of costs and release of guarantee and sureties

All applications are processed within 24 hours of receiving your completed application forms. Guaranteed!

Terms associated with your application.

Letters of intent

Firstly bid bonds are required in connection with the submission of tenders of contracts with the public authorities and or private owners. The object is to guarantee that the Bidder (Constructor), if awarded the Contract will enter into the said agreement and furnish the prescribed Performance Bond.

Bid Bonds

Firstly bid bonds are required in connection with the submission of tenders of contracts with the employers outside the borders of South Africa. The object is to guarantee that the Bidder (Constructor), if awarded the Contract will enter into the said agreement and furnish the prescribed Performance Bond.

Performance Sureties

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Performance Demand Guarantees

A Performance Bond is required of a Contractor to guarantee the full and due performance of the Contract according to plans and specifications.

Maintenance Guarantees

The normal coverage provided by a Maintenance Bond is a guarantee against defective workmanship or materials after completion. However, Maintenance Bonds sometimes incorporate an obligation guaranteeing “efficient or successful operation “or other obligations of like intent and purpose. These maintenance guarantees are also admitted in place of the retainer of up to 10%.

Retention Guarantees

In essence this type of Bond is similar to the Maintenance Bond and basically covers the same parameters.

Advance Payment Guarantees

This type of Construction Bond is mainly utilized for construction sites outside of South Africa. This type of Construction Bond would be issued in the case where the Employer is pre-financing a Contractor by advance payment on the Contract; he may secure the repayment of the advance using this bond.

The amount guaranteed should decrease in accordance with the portions of work performed. Usually this is reflected by a fixed percentage in the monthly bills. These are only issued in connection with Performance Guarantees.