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Performance and Payment Bonding

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State & Local

Contract Overview

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

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The contract requires the procurement and submission of both performance and payment bonds at 100% of the contract value within 15 days of award, ensuring full financial protection for the project. The bonding obligation is mandatory and tied directly to the contract amount, with strict adherence to the timeline to avoid noncompliance. The contract falls under the NAICS code 524126, classifying it as an insurance agency and related activities, and is structured as a subcontract. It is issued by the Maine Department of Transportation, though the organizing entity is listed as Michigan, suggesting interagency coordination or administrative oversight. The work is to be performed in Knox, with no additional details provided on location specifics or point of contact. The solicitation was posted and has a response deadline both set for August 5, 2026, indicating a potential administrative error or that this is a direct award rather than a competitive bidding process. Access to further details is available through the provided UI link.

General Info

Procure 100% performance and payment bonds within 15 days of award for Maine DOT subcontract in Knox.

Agency

Michigan → Maine Department of TransportationView Agency

NAICS

524126 - Direct Property and Casualty Insurance CarriersView NAICS

Place of Performance

Knox, MI, US

Set-Aside

NONE

Documents

(0)

No documents available

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Timeline

Posted

subcontract

Response Deadline

Submission deadline

Response Deadline

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Organization & Contact Information

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AgencyMichigan → Maine Department of Transportation
ContactsNo contacts available
OfficeN/A
Organization / Agency
Michigan → Maine Department of Transportation
View Agency Profile
Office AddressN/A
ContactsNo contact information available

Full Description

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Procurement and submission of performance and payment bonds at 100% of contract value within 15 days of award.

Similar Contracts

Same NAICS industry code

NAICS: 524126
New
SLED
Bonding and Insurance ServicesThe contract calls for the provision of performance and labor/material payment bonds, as well as required insurance coverage, to support a construction project under the jurisdiction of the Florida Department of Military Affairs. These bonds and insurance policies are essential to ensure the contractor’s financial responsibility and compliance with contractual obligations, protecting against nonperformance, nonpayment, and potential liabilities during construction. The solicitation is classified as a subcontract under NAICS code 524126, indicating it relates to surety bonding services, and is open for responses until September 21, 2026, with no specified set-aside provisions or geographic restrictions noted. All bonding and insurance requirements must align with the standards mandated by the Department of Military Affairs, though specific project details such as location, scope, and contract value are not provided in the public data. Interested parties must submit proposals through the designated vendor portal by the deadline, ensuring full compliance with bond forms, coverage limits, and insurance specifications as stipulated by the agency. While the point of contact and performance location are unspecified, bidders are expected to review the full solicitation materials on the Florida marketplace portal to confirm additional contractual demands and submission protocols.
Department of Military Affairs

POSTED

2 days ago

DEADLINE

in about 2 months
View Details