Contract security from signature to retention release
We take off your hands: tracking every bond, warranty, guarantee and retention owed in both directions, and claiming retention back on the right dates.
You get: a register of bonds, warranties and retention owed both ways, release requests on time and retention bond cases for your finance director to approve.
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The problem
We have retention sitting with clients from jobs we finished years ago.
How the steps join up
It starts when: a contract is signed that needs retention, bonds, warranties or guarantees.
Track the bonds, guarantees, warranties and insurances each contract needs, and the bonds the company has issued
Find contracts where a retention bond would release cash and prepare the case for the client and surety
Your team checks and decides at this step.
Chase collateral warranties, bonds and guarantees owed to you
Keep a register of deeds, warranties and bonds and when each one ends
Track retention and request its release on time
Keep a retention ledger for every subcontract and release it on time
Handle requests for collateral warranties and third party rights from new tenants and buyers after completion
Your team checks and decides at this step.
What you end up with: Every bond, warranty and guarantee owed in both directions is tracked, retention bonds are used where they free cash, retention is claimed and released on the right dates, and post-completion warranty requests are handled without a scramble.
Who signs it off: Your finance director approves bonds and a director signs warranties.
What it needs to work
- Signed contracts with security schedules
If those aren’t in place yet, you’ll hear that before anything gets built.
Who it’s for
- Main contractors
- Specialist subcontractors
What would this cost for your team?
Answer questions about your company and how this work runs today. You see an indicative estimate of the hours back, what that time is worth and the price when you send your details.
Get a price for thisOr check first: Are we ready for AI?