Request for Proposals New Fire Station Contractor · Bonds
What this bid asks for in bonds.
From the documents the City of Madison posted, in its own words, with the page.
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Proposal bond
5%
Required
… Payment Bond, post a Proposal Bond of five percent (5%) of the proposal price, a Payment Bond of one hundred percent (100%) of the proposal …
New Fire Station _22 RFP 2027_3500_01.pdf, page 6 · copied Oct 10, 2026
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Performance bond
100%
Required
… proposal price and a Performance Bond of one hundred percent (100%) of the proposal price, for the use of all persons doing work or furnishing …
New Fire Station _22 RFP 2027_3500_01.pdf, page 6 · copied Oct 10, 2026
-
Payment bond
100%
Required
… the proposal price, a Payment Bond of one hundred percent (100%) of the proposal price and a Performance Bond of one hundred percent (100%) of …
New Fire Station _22 RFP 2027_3500_01.pdf, page 6 · copied Oct 10, 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.