Bid Surety Bond Checklist

Suppliers bidding in Round 2021 of the Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program must obtain a bid surety bond in the amount of $50,000 for each competitive bidding area (CBA) for which they submit a bid(s). Bidders must upload a copy of the bid surety bond(s) to Connexion, the program’s secure portal, by the close of the bid window. More information about the bid surety bond requirements, including return and forfeiture conditions, can be found in the Bid Surety Bonds section of the Competitive Bidding Implementation Contractor (CBIC) website and at 42 CFR §414.412(g).

Bidders may use the checklist below to ensure their bid surety bond(s) meets the statutory and regulatory requirements. The bid surety bond(s) must include the following at a minimum:

     o The bidding entity’s legal business name as the principal/obligor. This is the same company name that the bidder 
            enters in the Business Organization Information section of Form A in the DMEPOS Bidding System (DBidS).
     o The name and National Association of Insurance Commissioners number of the authorized surety. The authorized 
            surety you choose must be on the Department of the Treasury’s List of Certified Companies. You can find the 
            list of certified companies on the Department of the Treasury’s website.
     o The Centers for Medicare & Medicaid Services (CMS) as the named obligee.
     o The conditions for the return of the bid surety bond liability or forfeiture of the bid surety bond as set forth in
            42 CFR §414.412(g)(3)(see the Bid Surety Bonds fact sheet for additional information).
     o The CBA covered by the bid surety bond.
     o The bid surety bond number.
     o The date of issuance.
     o The bid surety bond value of $50,000.