This Government Contract opportunity from Virginia was posted on May 11, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Bonding and Insurance Services

Closed

State & Local

Submission Closed06/01/2026, 08:00:00 PM UTC

Contract Overview

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

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NAICS: 524127

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6 months ago

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N/A

AI Contract Overview

The contract requires the provision of bid, performance, and payment bonds totaling up to $2.5 million annually in support of work orders issued under an IDIQ agreement. These bonds are necessary to ensure financial protection and contractual compliance for all projects awarded under the IDIQ framework. The bonding services must be available on demand to cover multiple tasks or assignments issued throughout the year, with the aggregate bond value capped at the annual limit. The work falls under NAICS code 524127, indicating the focus is on insurance and related services, specifically bonding, and is issued by the Public Works (D&C) agency under the Virginia state government. The response deadline for submissions is June 1, 2026, and the contract type is classified as a subcontract, meaning the successful provider will operate under the primary contract structure without direct oversight from the agency. Performance will be tied to work orders issued under the IDIQ, requiring flexible and scalable bond issuance capabilities across varying project sizes and durations.