General Bonds

SIC's bonds are sureties given to employers of contractors, financiers and other principals to guarantee the performance of specific contractual obligations of the contractors or project executors.

SIC has two main bond classification;

  • Construction/Project Bond
  • Customs Bond

These are bonds provided to our clients in the construction industry. Such bonds include, Bid Bond, Performance Bond, Advance Mobilisation Bond.

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Custom bond provide guarantee to the Republic of Ghana (through Customs, Excise and Preventive Services-CEPS, who are the collecting agent), that an importer/exporter would pay all duties due on the imported/exported goods to the state.

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