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IconNICHE INSURANCE PRODUCTSIconGUARANTEES, SURETIES AND BONDS

Performance & Customs Bond Services (Pty) Ltd

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FSP No.: 19867
Tel: 011 482 2592
Fax: 0866 414 420
Address:
2 Loch Avenue
Parktown
2193
Postbox:
Postnet Suite No 353
Private Bag X30500
Houghton
2041

Performance & Customs Bond Services (Pty) Ltd underwrite a wide range of guarantees including:

  • Bid Bonds or Letter of Intent,
  • Performance Guarantees,
  • Maintenance Guarantees,
  • Retention Monies Guarantees,
  • Advance Payment Guarantees,
  • Supplier Surety (Construction industry only),
  • Customs & Excise (Freight forwarding).

Visit us at www.pcbs.co.za for more information.

Company Press Releases »

Icon Technology in financial services – how are insurers measuring up?
27 Mar 15 | Read More »
By Tunga Changamire, Executive: Claims & Risk Management PCBS Technology in financial services is no longer a nice to have – it has become a necessity to help insurers deal with increases in fraud, cyber-crime, develop new products, reduce operating costs, retain ...
Icon Construction sector to face deepening woes in absence of sustainable energy solution
18 Sep 14 | Read More »
Failure by industry stakeholders to act towards finding a sustainable solution for energy constraints will only result in deepening woes for the construction sector         Brian Africa Marketing and Business Development Executive Performance ...
Icon Empowerment within the construction sector needs to be measured against its sustainability
14 Aug 14 | Read More »
Despite the ‘Construction Sector Charter Council – State of Empowerment 2009-2013’ offering an optimistic view of growth within the construction sector, Brian Africa, Executive: Marketing & Business Development at Performance and Customs Bond Services ...
Icon The abuse of on-demand guarantees continues to take its toll on increasingly ailing local construction industry
20 Nov 13 | Read More »
By Brian Africa, Marketing and Business Development Executive at PCBS, a specialist construction underwriting management agency for Guardrisk Insurance Company Limited. The losses suffered by short term insurance companies, particularly construction guarantee underwriters ...
Icon Call for legislation to prevent unfair performance bond call-ups in construction sector
19 Aug 13 | Read More »
While the provision of and reliance upon on-demand performance bonds remains prevalent within the local construction and engineering sectors, recent statistics released by Performance and Customs Bond Services (PCBS), a specialist guarantee construction Underwriting ...
Icon Will Government spending cuts impact on the construction industry?
02 Apr 13 | Read More »
Despite spending cuts made to the budget, Brian Africa, Marketing and Business Development Executive at PCBS, a specialist construction Underwriting Management Agency, says that Government continues to remain focused on construction through the National Development Plan ...
Icon Small contractors ultimately missing out on their slice of the Public-Private Partnership pie
26 Feb 13 | Read More »
Performance and Customs Bond Services (PCBS), a specialist construction Underwriting Management Agency, continues to issue a large number of guarantees for government contracts as municipalities push to get their expenditure through prior to 2013 budget allocations. However ...
Icon SA Contractors Increasingly Opting for Alternative Risk Transfer Solutions
20 Feb 13 | Read More »
Alternative Risk Transfer (ART) solutions are thriving locally as they continue to allow the construction industry easier and cheaper access to the insurance sector. Recent statistics released by Performance and Customs Bond Services (PCBS), a specialist construction ...
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Special Acceptance:

A term used to describe the specific acceptance by reinsurer of a risk normally excluded from a treaty.
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