Bid, Performance, and Payment Bonding Services

A licensed surety is required to provide bid, performance, and payment bonds for a subcontract under the Mississippi Public Works program, with the bid bond set at 5% of the contract value and both performance and payment bonds required at 100% of the contract value. The bonding obligation must be issued in full compliance with Mississippi state regulations and maintained throughout the duration of the contractual obligations. The solicitation is open for responses until July 28, 2026, and is categorized under NAICS code 533110, indicating it relates to surety bonding services. The contracting agency is the Mississippi Department of Finance and Administration, operating under the MPTAP designation, and all bonding activities must be conducted by a surety duly authorized to transact business in the state of Mississippi. The place of performance and specific project details are not specified in the posting, but the bonds must cover the full scope and financial exposure of the subcontract as defined by the principal contract.