| TYPES | WHAT CAN BE COVERED | PERILS COVERED |
| Bid Bond | The Bid Amount | The Bidders/Contractor’s ability to take up the Bid |
| Performance Bond | Performance Amount | The Contractor’s ability to deliver to required standard and within the agreed time frame |
| Advance Payment Bond | Advance Payment | The Contractor’s utilization of Advanced monies on the project |
| Retention Bond | Retention Amount | The Contractor’s ability to adhere to defects liability Requirements |