Performance Bond and Guaranty Provider
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Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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A performance guaranty of $11,000 is required to secure the completion of the US-181 paving project under a subcontract tied to the Texas Department of Transportation. This guarantee ensures that all contractual obligations related to the paving work will be fulfilled, providing financial protection in the event of default or failure to perform. The solicitation was posted on July 20, 2026, with a response deadline of August 18, 2026, and falls under NAICS code 524210, indicating a focus on insurance carriers and related financial services supporting construction risk. The contract is administered through the Texas SmartBuy portal, and while specific location details for the project site are not provided, the performance is anticipated to occur within Texas. The guaranty provider must be qualified to issue a binding surety instrument that meets Texas DOT requirements and is expected to align with state standards for construction surety obligations.
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TX, USSet-Aside
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