Environmental replenishment
Guarantees for activities that may cause damage to the environment
Surety insurance
for environmental impact

In the case of mining activity, the Administration requires a Restoration Plan for possible negative impacts on nature, which must contain a detailed description of the measures to be implemented by the industry:
- Reducing the risk of environmental accidents.
- Limiting its consequences.
- Preventing, avoiding and remedying environmental damage that occurs.
This Restoration Plan will make it possible to quantify the guarantee to be lodged to cover the restoration work to rehabilitate the affected natural area.
Advantages of
Surety Insurance
Policies over
5 years
Increased ability to
participate in auctions
No blocking/pledging
of bank balances
Does not consume CIRBE
More efficient
Plafond System
Coverage:
Types of Surety Insurance
SURETY INSURANCE
Consult the different Surety Insurances that we have available
Every contractor who applies for a public tender, as established in the Law on Contracts with Public Administrations, needs to submit, together with their bid, a bid bond to ensure that, in the event that they are awarded the contract, they will sign the performance contract in accordance with the conditions under which they made their bid.
For those Contractors who have not been awarded the contract, the validity of this guarantee shall last until the awarding of the contract.
These guarantees may be constituted by means of a surety insurance policy issued by an insurance company authorised to do so by the Directorate General of Insurance.
The loss arises in the event that the Insured Party awards the contract to the Policyholder and it is not formalised for reasons attributable to the bidder (Policyholder).