Retention Bonds
Retention bonds are used to replace traditional cash retention held by the client, typically 3-5% of the contract value.
Instead of tying up your funds until the defects liability period ends, a retention bond provides the client with an equivalent level of protection — ensuring any defects or incomplete works will be addressed — while releasing that money back into your business sooner.
Smarter Retention Solutions for Fit-Out Contractors
At Fit-O-Bonds, we help fit-out and refurbishment contractors release retained funds early, improving cashflow without compromising on client assurance.
Our retention bonds are tailored to suit the terms of your contract and backed by trusted insurers, giving both parties confidence and flexibility. Whether you’re working under JCT or NEC terms, we’ll guide you through the process quickly and clearly — helping you unlock the money you’ve earned, when you need it most.
