Payment Protection & Bonding Services
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Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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The contract requires the provision of a 100% payment bond along with an additional payment protection mechanism, such as an Irrevocable Letter of Credit or Certificate of Deposit, for a project valued between $35,000 and $150,000. This ensures full financial protection for all parties involved in the subcontract, particularly in the event of nonpayment or contractor default. The requirement for dual financial safeguards reflects a high level of risk mitigation necessary for the scope of work under this agreement. This opportunity is designated as a subcontract under the Small Business Administration set-aside programs, specifically targeting Small Business, Small Disadvantaged Business, Women-Owned Small Business, HUBZone Small Business, Veteran-Owned Small Business, and Service-Disabled Veteran-Owned Small Business entities. The NAICS code 524126 identifies the industry as Insurance Agencies and Brokerages, indicating the nature of financial protection services being procured. The solicitation was posted on August 4, 2026, with a firm response deadline of August 14, 2026, and is managed by ETR/Excelsior Springs Job Corps, which is the contracting agency responsible for oversight and award.
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MO, USSet-Aside
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