Provided by Surety Mexico

Administrative

Guarantees any valid, legal, possible and quantifiable obligation arising from contracts entered into.

Construction bonds

The construction bonds guarantee the fulfillment of the obligations contracted between the Government and individuals or, among individuals, in contracts related to construction.

  • BID - Bid bond guarantee that the bidder will hold the offer presented in the tender, in case it is considered the winner of the bid.

  • ADVANCE PAYMENTS - They guarantee the good use and correct application and / or repayment of the advance that is given to the contractor for the execution of the obligations stipulated in a work contract or that, proportional return of the advance payment.

  • PERFORMANCE - They guarantee the fulfillment of the obligations agreed in the contract.

  • MAINTENANCE - They guarantee the good quality and the repair of hidden defects or defects of the built goods, material or equipment installed or sold by the contractor (guarantor) to the owner of the project (beneficiary), which may appear during the time stated after received the contracted work.

Supplier

Supplier bonds guarantee the fulfillment of the obligations contracted between the Government and individuals or, among individuals, in contracts related to the supply of goods or services.

  • BID - Bid bond guarantee that the bidder will hold the offer presented in the tender, in case it is considered the winner of the bid.

  • ADVANCE PAYMENT - They guarantee the good use and correct application and / or repayment of the advance that is given to the contractor for the execution of the obligations stipulated in a work contract or that, proportional return of the advance payment in a supply contract.

  • PERFORMANCE - They guarantee the fulfillment of the obligations agreed in the supply contract.

  • MAINTENANCE - They guarantee the good quality and repair of hidden defects or defects of the material or equipment installed or sold by the supplier (guarantor) to the beneficiary, which may appear during the time stipulated after receiving the materials and having the record delivery.

Tax bonds

Tax bonds are issued to the corresponding authorities to guarantee the payment of a tax credit by the guarantor, derived from some procedure and its final resolution, payment agreement or for cancellation of fines for infringement of the fiscal and custom regulations.

  • TAX APPEAL - Guarantees the tax interest for alleged debts pending resolution of the appeal filed against taxes or employer contributions.

  • TAX PAYMENT BOND - Guarantees the timely payment of each and every one of the partialities derived from the agreement that for such effect has been celebrated with the taxpayer by concept of taxes or workers employer.

  • CUSTOMS FOR MAQUILADORAS - The taxpayers may choose not to pay taxes and / or the IEPS, in the introduction of goods to the customs regimes of temporary importation for processing, transformation or repair in maquila or export programs; of fiscal deposit to undergo the process of assembly and manufacture of vehicles; of processing. transformation or repair.

Lease

The lease bonds guarantee the payment of the monthly rent that the tenant must pay to the landlord.

Other administrative

The other administrative bonds guarantee the fulfillment of obligations different from those derived from the construction, supplier, tax or lease, which must be a licit, quantifiable obligation and for a definite period of time for its realization.

  • RAFFLE DEPOSIT AND DRAWS - Guarantees that the good object of the draw will be really effective, on the stipulated date of the draw, delivering it to the winner at the event.

  • DEPOSIT OF PERMITS AND CONCESSIONS - It guarantees the fulfillment of obligations derived from concessions, permits and authorizations granted by the Federal, State, Federal or Municipal District, such as Macro Verification Centers, Satellite Communication, Notaries and Customs Agents.

  • TICKETING - Guarantees the fulfillment of the obligations assumed by travel agencies established in the Mercantile Contracts, concluded with national and international airlines or land transportation lines. The guaranteed obligation in this type of bonds is the delivery, in time and form of the product of the sale of the valued ticketing and other forms.

  • LAND USE - Guarantees the obligation of the builder to allocate the property as the Authority has established.

Your team

Head office

Avenida Paseo de la Reforma Número 505, Piso 42, Suite G.
Torre Mayor
Colonia Cuauhtémoc, C.P. 06500
Alcaldía Cuauhtémoc, Ciudad de México

Francisco Barajas Aguilera

CEO Surety México

Irma Raya Beltrán

T&O Surety México