Bid Bond and Certified Check (Supplier Opportunity)
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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.
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NAICS
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MS, USASet-Aside
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