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Bid Guarantee and Bonding Services

Active

Federal

Contract Overview

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

AI Contract Overview

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This contract involves the provision of bid guarantees and performance/payment bonds necessary for the execution of contracts. Specifically, the bid guarantees must be at least 20% of the proposed price, but are capped at a maximum of $3 million. The services ensure that contractors comply with the financial obligations associated with their bids and project performance. The contract is categorized under NAICS code 524126 and is a subcontract opportunity issued by the Navfacsyscom Mid-Atlantic office, part of the Department of Defense. The place of performance is within the 23460 ZIP code area, although exact city and state details are not provided. The solicitation was posted on May 7, 2026, and the contract focuses on securing the necessary financial guarantees to protect the government and assure project completion. This subcontract is integral for managing risk in government contracting through adequate financial bonding measures.

General Info

Provision of bid guarantees and performance bonds ensuring contractor financial compliance, capped at $3 million.

Agency

Department Of Defense → Navfacsyscom Mid-atlantic

NAICS

524126 - Direct Property and Casualty Insurance Carriers View NAICS

Place of Performance

VA, 23460, USA

Set-Aside

NONE

Documents

(0)

No documents available

AI Contract Breakdown

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Timeline

PostedMay 7

subcontract

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Organization & Contact Information

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AgencyDepartment Of Defense → Navfacsyscom Mid-atlantic

ContactsNo contacts available

OfficeN/A

Organization / Agency

Department Of Defense → Navfacsyscom Mid-atlantic

Office AddressN/A

ContactsNo contact information available

Full Description

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Provision of bid guarantees (minimum 20% of proposed price, capped at $3M) and performance/payment bonds as required for contract execution.

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