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Bid Bond and Financial Assurance Provider

Active
State & Local

Contract Overview

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

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Bidders seeking to submit proposals for contracts exceeding $29,000 with the Westwood Community School District must provide a 5 percent bid bond or a certified check as financial assurance. This requirement ensures bidders have the financial commitment necessary to enter into a contract if awarded, and applies to all submissions under the solicitation. The contract opportunity is classified as a subcontract with a NAICS code of 524126, indicating it relates to insurance carriers and related activities. The solicitation was posted on July 16, 2026, and responses are due by July 30, 2026, at 8:00 p.m. Eastern Time. Performance of the work is expected to take place in Dearborn Heights, Michigan. The bid bond or certified check must be presented in accordance with the district’s requirements to be considered eligible for award. All interested parties must access the official portal at the provided UI link to review full terms and submit required documentation.

General Info

Bid bond or certified check required for contracts over $29,000, due July 30, 2026, in Dearborn Heights, Michigan.

Agency

Michigan → Westwood Community School DistView Agency

NAICS

524126 - Direct Property and Casualty Insurance CarriersView NAICS

Place of Performance

Dearborn Heights, MI, US

Set-Aside

NONE

Documents

(0)

No documents available

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Timeline

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Response Deadline

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Organization & Contact Information

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AgencyMichigan → Westwood Community School Dist
ContactsNo contacts available
OfficeN/A
Organization / Agency
Michigan → Westwood Community School Dist
View Agency Profile
Office AddressN/A
ContactsNo contact information available

Full Description

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Supply of a 5% bid bond or certified check for bids exceeding $29,000.

Similar Contracts

Same NAICS industry code

NAICS: 524126
New
SLED
Performance Bond ProviderThe contract requires a performance bond provider to guarantee the satisfactory completion of a project under a subcontract arrangement, ensuring that all obligations outlined in the underlying agreement are fulfilled according to agreed terms. The bond serves as a financial safeguard for the project owner, mitigating risk in the event of contractor default or failure to deliver contracted services. The solicitation is open to qualified surety companies with experience in providing such guarantees, and responses must be submitted by July 30, 2026, at 1:00 PM. The North American Industry Classification System code 524126 indicates that this relates to insurance agencies and brokerages, specifically focusing on surety bonding services. This engagement is managed under the Community Development agency of Michigan, with no specific city or office address provided in the documentation. The performance location is not specified, suggesting the bond may apply broadly to any project under the agency’s jurisdiction, pending further contractual detail. There is no set-aside designation indicating preferences for small businesses, veteran-owned enterprises, or other categories, and no point of contact is listed within the posting. Interested parties must access the solicitation through the provided online portal to obtain additional terms, conditions, and bonding requirements necessary for submission.
Community Development

POSTED

3 days ago

DEADLINE

in 9 days
View Details

More opportunities from Michigan → Westwood Community School Dist

Same awarding agency

New
SLED
RFP-WES-260000002376-1 | Westwood - 2026 Monument SignsThe Westwood Community School District is soliciting bids for the procurement and installation of monument signs across its facilities in Dearborn Heights, Michigan, under solicitation number RFP-WES-260000002376-1, with bids due by 2:00 p.m. on July 31, 2026. The project involves replacing or upgrading existing monument signs, and bidders must submit complete packages including a signed bid form, familial disclosure, criminal affidavit, Iran disclosure statement, and detailed shop drawings and submittals. A bid bond or certified check equal to five percent of the proposed bid amount is mandatory for bids exceeding $29,000, and all submissions must be delivered either physically to the district’s office at 3335 Beech Daly Road or via the Braun Construction Group online plan room by the deadline. Late or incomplete bids will be rejected without exception. The place of performance is confirmed as locations within the school district’s premises in Dearborn Heights, though specific delivery schedules, FOB terms, and contract duration have not been disclosed. The solicitation does not specify evaluation criteria, award methodology, contract type, or total estimated value, and no formal contract administration personnel such as a contracting officer or technical representative are named. While basic submission requirements are outlined, detailed specifications for materials, dimensions, durability, inspection standards, packaging, labeling, or invoicing procedures are not included in the available information and are expected to be found in the full RFP document accessible through the Braun Construction Group portal. The district operates under a state-level educational procurement framework, and federal acquisition clauses are not explicitly referenced, though compliance with mandatory disclosures and financial assurances is strictly enforced.

POSTED

5 days ago

DEADLINE

in 11 days
View Details