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This Subcontract opportunity from Mississippi was posted on July 28, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Bid Bond and Certified Check (Supplier Opportunity)

Closed
State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 524126
New
International
Insurance and Related Services to Cardiff Community Housing Association Limited
Solicitation # ocds-h6vhtk-0785f2
Cardiff Community Housing Association (CCHA) Limited is seeking the provision of insurance and related services to cover property, legal liability, and other general non-life insurable risks. The contract is divided into six distinct lots: Lot 1 covers Property and Legal Liability; Lot 2 focuses on Motor Vehicle Risk, including legal expenses and occasional business use; Lot 3 addresses Cyber insurance; Lot 4 covers Terrorism via Pool Re; Lot 5 covers Terrorism and Political Violence outside of Pool Re; and Lot 6 covers Directors and Officers' Liability. The procurement follows a competitive flexible procedure involving an Invitation to Tender and a Best and Final Offer stage, with a request to participate deadline of December 7, 2026. The contract is based in Wales with an initial term of three years and a possible extension for an additional two years, potentially lasting until June 30, 2032. Evaluation criteria are weighted by lot, with most lots prioritizing quality at 60% and cost at 40%, while Lot 2 prioritizes cost at 60%. To ensure financial stability, insurers must hold a minimum rating of 'BBB' from Standard and Poor or 'B++' from A.M. Best, or an equivalent reputable rating. Any insurer rated below A- requires a written recommendation from the bidder's market security committee and is subject to the contracting authority's sole discretion for acceptance.
Cardiff Community Housing Association (CCHA) Limited

POSTED

5 days ago

DEADLINE

N/A

AI Contract Overview

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The contract requires suppliers to provide bid bonds and certified checks as financial guarantees for bidding on state contracts exceeding fifty thousand dollars, ensuring bidders have the financial capacity to fulfill obligations if awarded. These instruments serve as safeguards for the Mississippi Department of Finance and Administration, reducing risk by verifying bidder intent and solvency during the procurement process. The opportunity is classified as a subcontract under NAICS code 524126, with a response deadline of September 1, 2026, and was posted on July 28, 2026, with no specific set-aside designation applied. All financial instruments must comply with state requirements and be submitted through the designated procurement portal.

General Info

Suppliers must submit bid bonds or certified checks for state contracts over $50,000 by September 1, 2026.

Documents

This scope was carved out of 1130-27-R-IFBD-00001.

The full solicitation package (2 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Bureau of Building GS# 604-028 Recreational Trail Clarkco State Park

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Timeline

PhaseClosed
Posted

subcontract

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyMississippi → MS DEPT FINANCE and ADMINISTRATION
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Provision of bid bonds and certified checks as financial instruments required for bidders on contracts over $50,000.

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