Co-Obligee Bonding Services
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The contract requires the provision of Co-Obligee Performance and Labor & Material Payment Bonds as a condition for award, ensuring financial protection for the project against contractor default and nonpayment to subcontractors and suppliers. This subcontract is tied to work performed in Wyoming, with the agency responsible being Wyoming Public Schools, despite being managed through a Michigan-based administrative structure. The solicitation is open for responses until August 31, 2026, and is classified under NAICS code 524126, which corresponds to Surety Bonding Services, indicating the primary focus is on bonding expertise rather than direct construction or labor delivery. The obligation extends beyond standard bonding by naming the public entity as a co-obligee, granting the agency direct rights and recourse under the bonds. There is no set-aside designation, meaning all qualified surety providers may compete for the award, and the application process is accessible via the specified Michigan state portal.
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Wyoming, MI, USSet-Aside
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