JNPT · Mumbai · Chennai · Cochin · Kandla · Vizag

Surety bonds for major port trust contracts.

Bid, performance and retention bonds for berth construction, dredging and container terminal EPC contracts with India's major port trusts. Acceptance confirmed against your specific tender before you bid.

6+major port trusts
0.55–1.30%indicative premium p.a.
4 hrsindicative quote turnaround
Legal basis

Major port trusts are central bodies under the Ministry of Ports, Shipping and Waterways, increasingly aligned with GFR 2023 Rule 170 — we verify your specific tender before you bid.

— 01 — Coverage

Port trusts we cover.

JNPT

Jawaharlal Nehru Port — India's largest container port, ongoing capacity expansion.

Mumbai Port

Berth modernisation, cruise terminal and waterfront redevelopment works.

Chennai Port

Container and cargo terminal expansion, connectivity infrastructure.

Cochin Port

Container terminal and dredging contracts on the Kerala coastline.

Kandla

Deendayal Port — bulk cargo, tank farm and jetty construction.

Visakhapatnam

Berth construction and cargo-handling infrastructure on the east coast.

— 02 — Bond types

What we place.

Bid bond

Secures your tender bid on berth or dredging packages.

Performance bond

Guarantees delivery on the awarded EPC or dredging contract.

Mobilisation / advance

Frees the mobilisation advance while tracking recovery.

Retention bond

Releases retention money through the defect-liability period.

— 03 — FAQs

Port trust surety bond questions.

Do major port trusts accept insurance surety bonds?
Major port trusts are central government bodies under the Ministry of Ports, Shipping and Waterways, and central-body procurement increasingly aligns with the GFR 2023 Rule 170 framework recognising insurance surety bonds. We confirm acceptance against your specific tender before you bid.
Which port trusts does Rakshati work with?
JNPT (Jawaharlal Nehru Port), Mumbai Port, Chennai Port, Cochin Port, Kandla and Visakhapatnam, among other major port trusts across India's coastline.
What kind of port contracts need a surety bond?
Berth and jetty construction, dredging contracts, container terminal EPC, cargo-handling infrastructure, and port connectivity road/rail works.
How much does a port trust surety bond cost?
Indicative premium is typically 0.55–1.30% of bond face value per year, depending on contract size, tenure and risk grade.
How fast can a port trust bond be issued?
Indicative quote in 4 working hours once we've confirmed the tender's acceptance. Bond document typically issued in 2–5 working days.

Related: Customs bond guide · Metro Corporations bond guide · Bid security for government tenders

Have a port trust tender? Let's check it.

Send the tender document — we'll confirm acceptance and come back with an indicative rate band in 4 working hours.