The Triton Users Guarantee Company (TUG) was set up in 1980 and is the longest established, insurance backed guarantee company in the specialist remedial industry. It was set up to enable Triton Chemical Manufacturing Company’s network of approved contractors to offer an insurance backed guarantee, as a back-up to their own guarantee, following the completion of specialist remedial buildings works such as damp proofing and timber preservation.
TUG back-up guarantees are issued for a maximum of 30 years from the date of completion of works. They provide peace of mind to the contractors’ clients by coming into force in the event of the approved contractor ceasing to trade due to bankruptcy or compulsory winding up. If the Triton approved contractor ceases to trade during the guarantee period, TUG becomes responsible for the unexpired period.