Surety
Masters leads in surety representation across Canada. From general, civil, developer and specialty contractors to unique contract risks – Masters provides insightful knowledge, personalized service, genuine objectivity and unmatched expertise.
Masters Advantage
Our personalized service is backed by Power of Attorney along with in-house authority for all major surety markets, ensuring that your bonds are delivered reliably and on time. We offer hands-on representation in surety markets and other crucial aspects like owner relations, sub-trades, dispute resolution, corporate structure and continuity.
Masters enjoys enduring relationships and commands a strong presence in the marketplace. We ensure that our clients receive fair terms related to rate, indemnification, information flow and most importantly, capacity. And when it comes to objectivity, true partnering is a hallmark of Masters. Our advice is informed by a wealth of experience and a genuine desire to build a trusted relationship.
Contract
Surety
With our almost 60-year legacy in the construction marketplace, Masters provides the most comprehensive contract surety solutions, covering everything from pre-tendering to performance.
Tailored Bond Solutions
Our Contract Surety services encompass a variety of bonds, from Prequalification Letters and Consent of Surety to Bid Bonds, Performance Bonds and Labour and Material Payment Bonds. But we don’t stop there: we actively engage in contract reviews, collaborate with legal counsel and fine-tune contract language to safeguard your interests. Our unique offerings, including tender evaluations, on-site inspections and risk management and mitigation, set us apart as your comprehensive contract surety partner.
Developer
Surety
Masters offers Tarion Bonds and Condominium Deposit Insurance as an efficient financing solution for builders and developers. By enabling access to purchasers’ deposits, we enhance your project’s cash flow and profitability. Our collaborative approach includes working with Developers, Lenders, Law Firms, Cost Consultants and Tarion from start to finish.
Tailored Approach
As trusted representatives authorized to make underwriting decisions for Canada’s leading bonding companies, our dedicated Developer Surety team serves as your single point of contact for all facets of the process, including:
- Underwriting review and issuance of competitive terms through a tailored Commitment Letter
- Acting in concert with law firms for the delivery of the Bond to Tarion in support of your security obligations
- Managing the funding and drawdown process for the release of purchaser’s deposits to your project as the source of funds
- Providing Bonds as alternatives to Letters of Credit where applicable