Bid Security and Bonding Services

The City of Charlotte is seeking providers to supply bid bonds, performance bonds, and payment bonds as required under subcontract agreements tied to public works or procurement projects. This opportunity is classified under NAICS code 524126, which pertains to insurance agencies and brokerages, indicating the need for a qualified bonding agent or surety provider capable of issuing the required financial guarantees. The solicitation is open for responses until August 19, 2026, with submissions due by 3:00 PM Eastern Time, and the posting date was July 15, 2026. The contract is structured as a subcontract, meaning the winning provider will support prime contractors rather than contract directly with the city for project execution. The place of performance and specific project details are not defined, suggesting the bonding services will be applicable across various municipal projects throughout North Carolina where such security is mandated by contract terms. All potential vendors must be prepared to meet the city’s bonding standards and timelines without specified set-asides for small or disadvantaged businesses.