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This Government Contract opportunity from Department Of State was posted on May 5, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Bonding and Financial Assurance Provider

Closed
Federal

Contract Overview

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

Active Opportunities Like This One

NAICS: 524126
New
SLED
General Liability Insurance ProviderThis contract requires the provision of general liability insurance coverage with a minimum limit of $1 million for the prime contractor and any subcontractors involved in the project under the Tennessee Department of Transportation (TDOT) contract. The insurance is intended to cover risks associated with the work performed in Tipton, ensuring all contractors have adequate liability protection throughout the duration of the contract. The opportunity is designated as a subcontract and falls under the NAICS code 524126, indicating insurance carriers specializing in general insurance policies. The solicitation was posted and is due on June 26, 2026. While specific details such as the prime contractor or subcontractors’ identities and the point of contact were not provided, the contract is managed through TDOT’s Tennessee office, emphasizing compliance with state requirements for liability coverage in transportation-related projects.
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NAICS: 524126
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Bid Bond & Financial Assurance ServicesThis contract involves the provision of electronic bid bonds or certified checks to support subcontractors in bidding on Tennessee Department of Transportation (TDOT) projects. It aims to facilitate the bidding process by ensuring subcontractors can provide the necessary financial assurances when submitting bids. The services are specifically targeted towards assisting subcontractors in meeting TDOT requirements for bid security, helping streamline project procurement and financial guarantee procedures. The contract is identified as "Bid Bond & Financial Assurance Services" under NAICS code 524126 and pertains to subcontracting opportunities linked to TDOT projects. The place of performance is noted as Franklin, Tennessee. The solicitation was posted and the response deadline set for June 26, 2026. While some administrative details, such as agency office address and point of contact, are not specified, the contract is clearly aligned with TDOT’s infrastructure goals and the need to ensure reliable financial backing for subcontractor bids.
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NAICS: 524126
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Bid Bond and Performance Bond ProvisionThis contract requires the provision of surety bonding services, specifically including bid bonds, performance bonds, and payment bonds, to cover the full contract amount for the designated prime contractor. The services are intended to ensure the prime contractor's financial and performance obligations are guaranteed throughout the project. The contract is issued by the Tennessee Department of Transportation and is set to be performed in Chester, Tennessee. The solicitation is categorized under NAICS code 524126, which pertains to insurance agencies and brokerages, aligning with the bonding services required. The subcontract must be finalized with a response deadline matching the posting date of June 26, 2026. Although certain administrative details such as the point of contact and specific office address are not provided, the official documentation and proposal submission are accessible through the Tennessee Department of Transportation’s bidding platform.
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NAICS: 524126
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General Liability and Performance Bonding ServicesThis contract involves providing the Tennessee Department of Transportation (TDOT) with essential bonding and insurance services required for contract execution. Specifically, it requires the supply of a bid bond, performance bond, and payment bond, which are necessary guarantees to support the contractor's obligations and ensure project completion. Additionally, the contractor must maintain general liability insurance coverage of $1 million to protect against potential claims arising from the work performed under the contract. The contract is categorized under the NAICS code 524126, indicating it pertains to underwriting and related services, closely associated with insurance and bonding. The scope of work is set for a subcontract arrangement with the place of performance identified as Lincoln. The solicitation was posted and the response deadline was set for June 26, 2026. While some specific contact details and the type of set-aside are not provided, the key components focus on securing proper financial and liability assurances critical to TDOT's risk management for this project.
Tennessee Department of Transportation

POSTED

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DEADLINE

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NAICS: 524126
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General Liability Insurance and Bonding ServicesThis contract involves the provision of general liability insurance coverage amounting to $1 million, alongside the issuance of performance and payment bonds. The services are intended to support the Tennessee Department of Transportation, specifically for projects taking place in the Dickson and Hickman areas. The contract is classified under NAICS code 524126, which relates to insurance agencies and brokerage. The solicitation, categorized as a subcontract, was posted with a response deadline occurring on June 26, 2026. While certain details such as the solicitation number and point of contact are not provided, the contract emphasizes ensuring risk management and financial security through insurance and bonding services, crucial for project execution under the department's oversight. The opportunity is publicly listed, allowing interested parties to submit proposals aligned with the outlined insurance and bonding requirements.
Tennessee Department of Transportation

POSTED

in 10 days

DEADLINE

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AI Contract Overview

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The contract involves providing a performance and payment bond through a bank guarantee amounting to 20% of the contract value, which will be reduced to 10% following final acceptance of the work. This financial assurance is intended to secure the obligations under the contract, ensuring both performance and payment commitments are met. The contract is a subcontract type associated with the NAICS code 524126 and was posted by the US Embassy in Vienna under the Department of State. The solicitation was made public on May 5, 2026, with a response deadline set for June 8, 2026. The scope of the work is centered in Vienna, though specific physical addresses and contact details were not provided. The arrangement emphasizes financial security mechanisms within government contracting to mitigate risk and guarantee contract fulfillment, with the bank guarantee serving as a key element of bonding and financial assurance.

General Info

Subcontract with US Embassy Vienna requires 20% bank guarantee, reduced to 10% after acceptance.

Agency

Department Of State → US Embassy Vienna

NAICS

524126 - Direct Property and Casualty Insurance Carriers View NAICS

Place of Performance

Vienna, AT-9, AUT

Set-Aside

NONE

Documents

(0)

No documents available

AI Contract Breakdown

Uniform Contract Format

No contract breakdown available.

Cannot generate Contract Breakdown because no documents were found from this contract's source.

Timeline

PhaseClosed
Posted

subcontract

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyDepartment Of State → US Embassy Vienna
ContactsNo contacts available
OfficeN/A
Organization / Agency
Department Of State → US Embassy Vienna
Office AddressN/A
ContactsNo contact information available

Full Description

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Provision of performance and payment bond via bank guarantee equal to 20% of contract value, reducing to 10% after final acceptance.