Sunday, November 8, 2026Georgia
GovRoute Georgia

Tuxedo Lane Drainage Improvement Project · Bonds

What this bid asks for in bonds.

From the documents the City of Peachtree City posted, in its own words, with the page.

  • Bid security

    Required

    Required. That sentence gives no amount.

    … must be accompanied by Bid security made payable to Owner in an amount of 5 of Bidder’s maximum Bid price and in the form of …

    503 Tuxedo Lane Invit_ for Bids.pdf, page 11 · copied Oct 17, 2026

  • Performance bond

    The agency's sentence

    … Bidding Documents and any performance and payment bonds required by the Bidding Documents.

    503 Tuxedo Lane Invit_ for Bids.pdf, page 27 · copied Oct 17, 2026

  • Payment bond

    110%

    Required

    … Contract Price, and a payment bond in the amount of 110% of the Contract Price as security for the faithful performance and payment of all …

    503 Tuxedo Lane Invit_ for Bids.pdf, page 146 · copied Oct 17, 2026

These are the agency's own sentences, found in the documents it posted. A bond not named here may still be required: read the documents, and ask the agency if they don't say. The agency's posting

We don't sell bonds

We show what the agency asks for. Any bond, its price and its terms are between you and a licensed surety company. You can use any licensed surety company you choose.

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