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Performance Bonding and Financial Guarantee 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 a performance bond or certified check to serve as a financial guarantee ensuring compliance with municipal obligations related to contract performance. This subcontract is governed under NAICS code 533110 and is managed by the Massachusetts agency identified as 143 - Procurement, with performance expected to occur in Boston, zip code 02201. Bidders must submit their financial guarantee instruments to meet the terms outlined by the municipality, and responses are due by August 5, 2026 at 5:00 PM. The solicitation was posted on July 20, 2026, and while no set-aside designation is specified, participation is open to eligible subcontractors who can fulfill the bonding or certified check requirements as mandated by local procurement rules. The process is conducted through the CommBuys procurement platform, and bidders must ensure their submissions adhere strictly to municipal financial assurance standards.

General Info

Submit performance bond or certified check by August 5, 2026, for Boston municipal contract under NAICS 533110.

Agency

Massachusetts → 143 - ProcurementView Agency

NAICS

533110 - Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)View NAICS

Place of Performance

Boston, MA, 02201, US

Set-Aside

NONE

Documents

(0)

No documents available

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Timeline

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Organization & Contact Information

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AgencyMassachusetts → 143 - Procurement
ContactsNo contacts available
OfficeN/A
Organization / Agency
Massachusetts → 143 - Procurement
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Office AddressN/A
ContactsNo contact information available

Full Description

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Provision of a performance bond or certified check as a financial guarantee for contract performance under municipal requirements.

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Same NAICS industry code

NAICS: 533110
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POSTED

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DEADLINE

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NAICS: 533110
SLED
Project Coordination and Bonding ComplianceThe contract is for the management of 100 percent performance and payment bonding requirements alongside full project compliance, potentially requiring coordination with third-party surety providers or specialized services to ensure adherence to all financial and contractual obligations. The scope centers on securing and maintaining surety bonds necessary to guarantee the fulfillment of project terms, safeguarding against default, and ensuring all subcontractors and suppliers are properly bonded and compliant with applicable regulations. This may involve continuous monitoring, documentation, and communication with bonding agencies to mitigate risk and maintain continuous coverage throughout the project lifecycle. The contract is categorized as a subcontract under NAICS code 533110, associated with the Port of Corpus Christi Authority in Texas, and is posted for response until July 30, 2026. While specific project details such as location, funding source, or performance metrics are not provided, the emphasis is on comprehensive bonding oversight as a critical component of project delivery. Compliance with bonding laws and regulations is paramount, and the successful bidder must demonstrate expertise in surety processes, risk mitigation, and regulatory alignment. There is no set-aside designation, indicating open competition among qualified subcontractors capable of handling complex bonding and compliance mandates.
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