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RFB 2027 - 06 - Streetscapes VI - Towne Lake Parkway - Mill Street to Main Street - Phase II · Bonds

What this bid asks for in bonds.

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

  • Bid bond

    5%

    Required

    … bid bond of a reputable bonding company authorized to do business in the State of Georgia, in an amount equal to at least five percent …

    RFB 2027 _ 06 _ Streetscapes VI _ Towne Lake .pdf, page 6 · copied Nov 3, 2026

  • Performance bond

    Required

    Required. That sentence gives no amount.

    … A 100% project value performance and payment bonds pursuant to O.C.G.A. § 36-91-70 and 90.  General Liability - $1,000,000/ $2,000,000 aggregate, naming the City …

    RFB 2027 _ 06 _ Streetscapes VI _ Towne Lake .pdf, page 7 · copied Nov 3, 2026

  • Payment bond

    Required

    Required. That sentence gives no amount.

    … A 100% project value performance and payment bonds pursuant to O.C.G.A. § 36-91-70 and 90.  General Liability - $1,000,000/ $2,000,000 aggregate, naming the City …

    RFB 2027 _ 06 _ Streetscapes VI _ Towne Lake .pdf, page 7 · copied Nov 3, 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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