Our Insurance
Surety Bond
A surety bond secures the performance of contractual obligations. Unlike a bank guarantee, it does not consume the company’s credit limit — and it is one of Paramettrus’ specialties.
What it may cover
Bid bond for public tenders
Performance bond
Bonds for public and private contracts
Judicial and appeal bonds
Customs and advance payment bonds
Bonds for concessions and PPPs
How it works
1
Consultation
we review the tender or contract and the required guarantee
2
Analysis
we submit it to the insurers’ credit assessment
3
Signing
issuance in the format the obligee requires
Frequently asked questions
What is the advantage over a bank guarantee?
A surety bond does not consume the company’s bank credit limit, which preserves working capital. The cost comparison depends on each credit assessment — we present the figures for your operation before any decision.
Is it accepted in public tenders?
Yes. Law 14.133/2021 — Brazil’s new procurement law — lists surety among the accepted forms of contractual guarantee.
How long does issuance take?
It depends on the credit assessment and the documentation. With complete documents in hand, we tell you the insurer’s timeline before you commit to the obligee.
Can a newly formed company obtain one?
Issuance depends on credit assessment, and the company’s track record weighs on it. We take the case to our partner insurers before giving any answer.
Protect what matters
Talk to an advisor and receive a personalized study for your profile.