Surety bond - Overview. 1  A surety bond is defined as a contract among at least three parties: [1] 2  the obligee: the party who is the recipient of an obligation. 3  the principal: the primary party who will perform the contractual obligation. 4  the surety: who assures the obligee that the principal can perform the task.
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Each field will carry a different license fee to obtain the SIA licence. SIA Licence Cost. Currently, the cost of applying for the SIA licence is Â£245. SIA CCTV â Â£175. SIA security guard training fee â Â£99. SIA door supervisor training fee â Â£175. The mentioned fee structure is only for the testing and licensing fee to obtain the formal credential.