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.

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Updated: 03/07/2019