Similar to Development Bonds, Irish Water bonds are needed by developers who as part of their Connection Agreement need to put down a cash lump sum or an insurance bond in the form of a Self-Lay Surety.
This bond is intended to satisfy Irish Water that the developer will complete the works to the standard which is then “Taken in Charge”.
What we need to get started
- Completed Irish Water Bond Proposal Form.
- Last two years consolidated audited accounts
- Up-to-date management accounts
- Copy of Bond Wording
- Copy of the planning permission
- Copy of the Connection Agreement
- Point of contact in Irish Water