Bid Bond and Performance Bond Provider (Surety)

The contractor is required to provide a bid bond equal to 10 percent of the total bid amount and performance and payment bonds each equal to 100 percent of the full contract value, ensuring financial protection for the City of Cairo throughout the procurement and execution phases. These bonds must be issued by a qualified surety and serve as guarantees that the prime contractor will fulfill all contractual obligations and compensate subcontractors and suppliers if payment defaults occur. The opportunity is classified as a subcontract with NAICS code 524126, indicating it relates to surety bonding services, and the response deadline is August 18, 2026, at 4:00 PM. The solicitation is associated with the Georgia Department of Administrative Services and can be accessed through the provided online portal, with no specific set-aside classification or location details provided beyond the agency affiliation.