Performance and Payment Bonding Services
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The contract requires the provision of surety bonds to support the prime contract obligations for the City of Waco, specifically a performance bond exceeding $100,000 and a payment bond exceeding $50,000, ensuring contractual fulfillment and protection for laborers and suppliers. The bonds must comply with all applicable city requirements and be issued by a surety company authorized to do business in Texas, with the obligation arising from a subcontract under the City's procurement framework. The solicitation is open under NAICS code 524126 for surety bonding services, with responses due by August 7, 2026, and all submissions must align with the City’s procurement protocols as outlined on the Texas SmartBuy portal. While no specific place of performance details are provided, the work is tied to projects administered by the City of Waco in Texas, and the bonding provider must be prepared to interact with city officials and meet all stipulated surety conditions without limitation.
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TX, USSet-Aside
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