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Performance and Payment Bonding Services

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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 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.

General Info

Provide surety bonds over $100K and $50K for Waco, Texas projects, by August 7, 2026, through authorized Texas surety.

Agency

Texas → CITY OF WACO

NAICS

524126 - Direct Property and Casualty Insurance CarriersView NAICS

Place of Performance

TX, 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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AgencyTexas → CITY OF WACO
ContactsNo contacts available
OfficeN/A
Organization / Agency
Texas → CITY OF WACO
Office AddressN/A
ContactsNo contact information available

Full Description

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Provide surety bonds for the prime contract, including performance bond (>$100K) and payment bond (>$50K), as required by the City of Waco.

Similar Contracts

Same NAICS industry code

NAICS: 524126
New
SLED
Performance Bond ProviderThe contract requires a performance bond provider to guarantee the satisfactory completion of a project under a subcontract arrangement, ensuring that all obligations outlined in the underlying agreement are fulfilled according to agreed terms. The bond serves as a financial safeguard for the project owner, mitigating risk in the event of contractor default or failure to deliver contracted services. The solicitation is open to qualified surety companies with experience in providing such guarantees, and responses must be submitted by July 30, 2026, at 1:00 PM. The North American Industry Classification System code 524126 indicates that this relates to insurance agencies and brokerages, specifically focusing on surety bonding services. This engagement is managed under the Community Development agency of Michigan, with no specific city or office address provided in the documentation. The performance location is not specified, suggesting the bond may apply broadly to any project under the agency’s jurisdiction, pending further contractual detail. There is no set-aside designation indicating preferences for small businesses, veteran-owned enterprises, or other categories, and no point of contact is listed within the posting. Interested parties must access the solicitation through the provided online portal to obtain additional terms, conditions, and bonding requirements necessary for submission.
Community Development

POSTED

about 16 hours ago

DEADLINE

in 12 days
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