Metrak
Finance & money

Bonds & insurance

Every guarantee and policy, with a warning before it expires.

Web: Project → Procurement → Finance → Bonds & insurance Phone: Project → Finance → Bonds & insurance Finance add-on (on by default).

What it is

A register of the bonds, guarantees and insurance policies on a project - performance bonds, advance payment and retention guarantees, contractor’s all risk, third-party liability and more - whether given by you or received from subcontractors. Record the bank or insurer, beneficiary, amount, issue and expiry dates, and how many days before expiry you want to be warned. Nothing is released or called automatically: you record what actually happened.

Why you'll love it

  • Expiring bonds and policies show in the bell, inside each one’s own warning window.
  • See at a glance what you have given and what you hold.

How to do it

Tick each step as you try it in Metrak.

How it connects

Records you create here flow into - or come from - these features.

More in Finance & money

Finance overview & reports
Commercial overview & forecast
Payment applications & certificates
Sales invoices
Purchase invoices
Payments & expenses
Money out (payment vouchers)
Cash wallet (petty cash)
Proposals
PreviousPayment applications & certificatesNextSales invoices

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