Bid Ref. No. 27-036 Well No. 12 Rehabilitation · Bonds
What this bid asks for in bonds.
From the documents the City of Albany posted, in its own words, with the page.
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Bid bond
5%
Required
… cashier's check, cash, or bid bond (surety) acceptable to the Owner, in an amount equal to at least five (5%) percent of the bid, payable …
27_036 Well No_ 12 Rehabilitation Bid.pdf, page 5 · copied Nov 5, 2026
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Performance bond
100%
Required
100% Performance and Payment bonds will be required of the successful bidder.
27_036 Well No_ 12 Rehabilitation Bid.pdf, page 1 · copied Nov 5, 2026
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Payment bond
100%
Required
100% Performance and Payment bonds will be required of the successful bidder.
27_036 Well No_ 12 Rehabilitation Bid.pdf, page 1 · copied Nov 5, 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.