Can authorized sureties issue one bond to the same bidding entity that covers multiple competitive bidding areas (CBAs), or must authorized sureties issue a separate bond for each CBA?
Authorized sureties must issue an individual bid surety bond for each CBA for which the bidding entity submits a bid. Bidding entities are not permitted by regulation to obtain one bond that would cover multiple CBAs.
DME Competitive Bid Web Chat
CHAT IS CURRENTLY OFFLINE
Please complete the Contact Form and we will respond as soon as possible. Thank you.