← Experience
Europe / Africa · Drilling and energy equipment · Surety & Bonding · Ongoing multi-year relationship
Building capacity beyond individual bonds
A European industrial contractor operating across international markets required additional surety capacity to support contractual obligations arising from a growing portfolio of projects. The relationship has developed into a broader international surety programme.
€40m+
More than €30m of project-related bonding requirements, alongside a further €10m of confirmed additional surety capacity available for future requirements. The solutions provide alternative surety capacity and help the client preserve existing banking lines.
The €40m+ figure represents programme and capacity, not executed bond volume.
The challenge
Simultaneous projects create simultaneous obligations.
Contractors executing multiple projects can face simultaneous requirements for advance-payment guarantees, performance bonds and other contractual security. As the project portfolio grows, these obligations can place pressure on existing bank lines and create a need for additional sources of capacity.
Brockport’s role
From contractual obligation to issued capacity.
Brockport acted as adviser and arranger. Bonding capacity was provided by international surety providers.
01
Review project-specific bonding requirements.
02
Assess bond amounts, tenors, beneficiaries and contractual obligations.
03
Identify international surety capacity.
04
Coordinate underwriting information between the contractor and surety providers.
05
Support commercial discussions around pricing, collateral and other requirements.
06
Assist with bond wording and issuance processes.
07
Support subsequent requirements as the project portfolio develops.
The programme
Project requirements plus confirmed forward capacity.
The programme encompasses more than €30m of project-related bonding requirements, alongside a further €10m of confirmed additional surety capacity available for future requirements. The solutions provide alternative surety capacity and help the client preserve existing banking lines.
European industrial contractor
Project obligation
Brockport
International surety capacity
Project beneficiary
Client and surety-provider identities are anonymised in accordance with Brockport’s disclosure policy.
The outcome
From individual bonds to €40m+ of programme capacity and requirements.
The relationship has expanded across multiple projects, jurisdictions and bond requirements, providing the client with additional capacity to support current contractual obligations and future international projects.
Programme and capacity
€40m+
Project-related requirements
More than €30m
Structure
International surety
Requirements
APG, performance and related bonds
Client
European industrial contractor
Status
Ongoing multi-year relationship
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← Experience
Europe / Africa · Drilling and energy equipment · Ongoing
Building capacity beyond individual bonds
€40m+
More than €30m of project-related bonding requirements, alongside a further €10m of confirmed additional surety capacity available for future requirements. The solutions provide alternative surety capacity and help the client preserve existing banking lines.
The €40m+ figure represents programme and capacity, not executed bond volume.
The challenge
Simultaneous projects create simultaneous obligations.
Simultaneous requirements for advance-payment guarantees, performance bonds and other contractual security placed pressure on existing bank lines as the project portfolio grew.
Brockport’s role
From contractual obligation to issued capacity.
01
Review project-specific bonding requirements.
02
Assess bond amounts, tenors, beneficiaries and contractual obligations.
03
Identify international surety capacity.
04
Coordinate underwriting information between the contractor and surety providers.
05
Support commercial discussions around pricing, collateral and other requirements.
06
Assist with bond wording and issuance processes.
07
Support subsequent requirements as the project portfolio develops.
Brockport acted as adviser and arranger. Bonding capacity was provided by international surety providers.
The programme
Project requirements plus confirmed forward capacity.
The programme encompasses more than €30m of project-related bonding requirements, alongside a further €10m of confirmed additional surety capacity available for future requirements. The solutions provide alternative surety capacity and help the client preserve existing banking lines.
European industrial contractor
Project obligation
Brockport
International surety capacity
Project beneficiary
Client and surety-provider identities are anonymised in accordance with Brockport’s disclosure policy.
The outcome
From individual bonds to €40m+ of programme capacity and requirements.
The relationship has expanded across multiple projects and jurisdictions, providing capacity for current obligations and future projects.
Programme and capacity
€40m+
Project-related requirements
More than €30m
Structure
International surety
Requirements
APG, performance and related bonds
Client
European industrial contractor
Status
Ongoing multi-year relationship
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Whether the requirement involves an individual advance-payment or performance bond, or a wider programme of international guarantee capacity, Brockport can assess the requirement and identify relevant surety capacity.
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