Bid Bond and Performance Bond Provider

This contract requires the provision of a bid bond amounting to 5% of the bid value, along with performance and payment bonds totaling 100% of the contract value, specifically for the prime contractor in accordance with the contract terms. The bonds serve to ensure both the commitment of the prime contractor during the bidding process and secure the faithful performance and payment obligations throughout the contract duration. The solicitation is categorized under NAICS code 524126 and issued by the Public Works agency of Michigan. It is identified as a subcontract opportunity with a response deadline set for June 18, 2026. The contract details lack specific information about the location of performance, point of contact, and type of set aside, suggesting a focus primarily on providing bond services rather than a construction or goods supply contract. Interested parties can access further information through the provided online procurement portal link.