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This Subcontract opportunity from Georgia was posted on May 29, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Bid, Performance, and Payment Bonding Services

Closed
State & Local

Contract Overview

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

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NAICS: 524126
New
International
Insurance and Related Services to Cardiff Community Housing Association Limited
Solicitation # ocds-h6vhtk-0785f2
Cardiff Community Housing Association (CCHA) Limited is seeking the provision of insurance and related services to cover property, legal liability, and other general non-life insurable risks. The contract is divided into six distinct lots: Lot 1 covers Property and Legal Liability; Lot 2 focuses on Motor Vehicle Risk, including legal expenses and occasional business use; Lot 3 addresses Cyber insurance; Lot 4 covers Terrorism via Pool Re; Lot 5 covers Terrorism and Political Violence outside of Pool Re; and Lot 6 covers Directors and Officers' Liability. The procurement follows a competitive flexible procedure involving an Invitation to Tender and a Best and Final Offer stage, with a request to participate deadline of December 7, 2026. The contract is based in Wales with an initial term of three years and a possible extension for an additional two years, potentially lasting until June 30, 2032. Evaluation criteria are weighted by lot, with most lots prioritizing quality at 60% and cost at 40%, while Lot 2 prioritizes cost at 60%. To ensure financial stability, insurers must hold a minimum rating of 'BBB' from Standard and Poor or 'B++' from A.M. Best, or an equivalent reputable rating. Any insurer rated below A- requires a written recommendation from the bidder's market security committee and is subject to the contracting authority's sole discretion for acceptance.
Cardiff Community Housing Association (CCHA) Limited

POSTED

5 days ago

DEADLINE

N/A

AI Contract Overview

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The contract requires the provision of bonding services, specifically a bid bond amounting to 10% of the bid value, alongside performance and payment bonds each covering 100% of the contract value. These bonds must be secured through a surety licensed in Georgia, holding a minimum "A" rating and possessing financial strength ratings that are at least five times the contract value. The solicitation is issued by the City of Cumming, Georgia, and pertains to subcontracting opportunities under NAICS code 524126. Respondents must submit their bids by July 9, 2026, ensuring compliance with the set bonding conditions to qualify. The bonds serve to guarantee the successful performance of the contract and ensure payment obligations are met, thereby protecting the project owner’s interests. The absence of specified office or performance locations suggests flexibility or that the details may be provided upon further inquiry. The link provided directs interested parties to the official Georgia procurement system for more information and submission guidelines.

General Info

Provide 10% bid bond, 100% performance/payment bonds, Georgia-licensed surety, bids by July 9, 2026.

Documents

This scope was carved out of PE-66895-NONST-2026-000000053.

The full solicitation package (1 document), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Foundry Sanitary Sewer Improvements

AI Contract Breakdown

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Timeline

PhaseClosed
Posted

subcontract

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyGeorgia → City of Cumming
ContactsNo contacts available
OfficeN/A
Organization / AgencyGeorgia → City of Cumming
Office AddressN/A
ContactsNo contact information available

Full Description

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Provide bid bond (10%), and performance and payment bonds (100% each) through a Georgia-licensed surety with minimum 'A' rating and financial strength five times contract value.

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