Performance and Payment Bonding
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.
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Knox, MI, USSet-Aside
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