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This Government Contract opportunity from Iowa was posted on August 7, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Contract Performance Security & Financial Assurance

Closed
State & Local

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The Contract Performance Security and Financial Assurance subcontract, issued by the Iowa Department of Administrative Services, requires the contractor to provide financial guarantees to secure all contractual obligations. Acceptable forms of assurance include a performance bond, an escrow account, or a letter of credit. Additionally, the agreement stipulates that 10 percent of all payments will be retained until final acceptance of the work. This opportunity was posted on August 7, 2024, with a response deadline of September 13, 2024. It is categorized under NAICS code 533110, focusing on the financial security measures necessary to mitigate risk and ensure the successful completion of the subcontracted services.

Documents

This scope was carved out of 005-RFP1222-2025.

The full solicitation package (3 documents), including the RFP, is on the prime solicitation, not on this scope.

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IVH Medicare & Medicaid Billing Services

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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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AgencyIowa Department of Administrative Services
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Provide financial assurance through performance bond, escrow, or letter of credit to secure contract obligations, with 10% of payments retained until acceptance.

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