TREE CLEARING PROJECT · Bonds
What this bid asks for in bonds.
From the documents the City of College Park posted, in its own words, with the page.
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Bid bond
The agency's sentence
… a surety company’s standard bid bond form acceptable to the City in an amount no less than 5% of the amount bid.
ITB _27_71 TREE CLEARING PROJECT.pdf, page 11 · copied Nov 5, 2026
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Performance bond
Required
Required. That sentence gives no amount.
… required to furnish a performance bond and/or payment bond, on or before the issuance of Notice to Proceed, each for 100% of the Contract Amount.
ITB _27_71 TREE CLEARING PROJECT.pdf, page 11 · copied Nov 5, 2026
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Payment bond
100%
Required
… a performance bond and/or payment bond, on or before the issuance of Notice to Proceed, each for 100% of the Contract Amount.
ITB _27_71 TREE CLEARING PROJECT.pdf, page 11 · 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.