Electric Capital Improvement Project South Oliver Line Rehabilitation Project · Bonds
What this bid asks for in bonds.
From the documents the City of Elberton posted, in its own words, with the page.
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Bid bond
5%
Required
Each bid must be accompanied by a bid bond or certified check equal to five percent (5%) of the total bid price.
Elberton South Oliver RFB.pdf, page 1 · copied Oct 25, 2026
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Performance bond
100%
Required
… Contractor shall deliver a performance bond and a payment bond, each in the amount of one hundred percent (100%) of the Contract Price, issued by …
Exhibit A _ Construction Contract _ South Oli.pdf, page 6 · copied Oct 25, 2026
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Payment bond
100%
Required
… Contractor shall deliver a performance bond and a payment bond, each in the amount of one hundred percent (100%) of the Contract Price, issued by …
Exhibit A _ Construction Contract _ South Oli.pdf, page 6 · copied Oct 25, 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.