Water Bonds | BBi Ireland
BBi Ireland can arrange independent or Water Bonds to protect your business, vehicles, people and more. Get in touch to discuss your requirements today.
What is a Water Bond?
A water bond is often required by Irish Water or other local authorities to ensure that developers complete all necessary water and wastewater infrastructure works properly. A water bond acts as a financial guarantee that, in case the developer fails to deliver the works as agreed, funds will be available to complete them.
By securing a water bond through a regulated insurer, developers demonstrate compliance and commitment, while authorities are protected against incomplete work.
At BBi Ireland, we support you in simplifying the process by sorting water bond insurance customised to your project’s size, complexity, and regulatory standards – ensuring the best outcome for all parties.
Our water bond solutions
At BBi Ireland, we work with developers, contractors, and public parties to provide safe and efficient water bond for projects of all sizes and objectives. Our team understands the complexity of Irish Water, local authorities, and regulatory standards. We customise each water bond to meet your specific needs and wants.
We provide guidance throughout the process such as help with documentation and delivering the right solution to your project taking consideration of your interests and project goals.
Water Bonds for Developers
In case you are managing a housing development or commercial build, BBi Ireland will arrange water bonds to satisfy Irish Water requirements.
Water Bonds for Contractors
Our services assist contractors in meeting client and regulatory obligations securely and efficiently, while providing commitment to standard infrastructure. We secure appropriate cover by working closely with all stakeholders.
Why choose a water bond?
Water bonds are crucial for many constructions and infrastructure projects across Ireland. For developers, a water bond enables progress without the need to set aside large sums of capital, while meeting regulatory obligations to Irish Water.
Local councils and utility providers benefit from the security of knowing that critical water and drainage services will be delivered.
By choosing water bonds through BBi Ireland, you will be served by a trusted broker with experience, insurer relationships, and a track record in surety solutions. The water bond insurance we arrange delivers both financial flexibility and compliance for your development project.
Why Choose BBi Ireland as Your Broker Partner?
With decades of experience and close insurer relationships, BBi Ireland is a trusted name in the construction and infrastructure areas. We are proud of providing tailored advice, and strong support through the process.
Our team works closely with you to meet your project’s unique requirements and secure bond cover that blends with your objectives. BBi Ireland is here to help you with confidence, reliability, and professionalism.
Why Choose BBi as a Broker Partner
Our Heritage
Dedicated Account Manager
We have specific service level agreements with insurer partners, ensuring our clients get a great service.
In-house Claims Team
BBi Ireland has an experienced team of professionals looking after your needs when you need us the most.
35+ years’ experience
With up-to-date knowledge of the latest legislation and health and safety issues faced by companies across Ireland.
Flexible Cover
Our cover and payment methods are flexible so you can choose the option that suits your business needs.
One Stop Shop
We can arrange cover for a wide range of business and personal insurance requirements.
Get protected today
Frequently Asked Questions
It’s important to get the right Water Bonds for your business. To help you do that, here are our frequently asked questions about Water Bonds. If you’d like some independent advice, please call us on +353 49 433 1038, and the team will be happy to help.
A water bond guarantees that the developer will provide required water and wastewater infrastructure to the appropriate standard. The process protects local authorities or Irish Water from issues like unfinished or non-compliant work.
Water bonds are often required by Irish Water or local authorities as a condition of planning permission. Developers and contractors working on new developments may need to provide a water bond before the jobs start.
The cost of a water bond varies due to project’s size, financial situation of the applicant, and level of risk or complexity involved. At BBi Ireland, we will assess your needs and arrange a quote for you.
In most cases, a water bond remains in place until the required infrastructure services are completed and formally taken in charge by Irish Water or other local authorities. This period could vary depending on the project’s size and complexity.
Simply contact BBi Ireland. Our team will guide you through the application process, assist you with all the documentation required, and collaborate with the surety provider to settle the appropriate bond for your project.
