Lakeland Avenue Drainage Improvements · Bonds
What this bid asks for in bonds.
From the documents the City of Valdosta posted, in its own words, with the page.
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Bid bond
5%
Required
Bids must be accompanied by a certified check or bid bond in an amount of not less than five (5) percent of the amount bid.
LakelandAveDrainageImp_BidDocs08272026.pdf, page 3 · copied Oct 2, 2026
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Performance bond
100%
Required
A Contract Performance Bond and Payment Bond equal to one hundred (100) percent of the contract price will be required.
LakelandAveDrainageImp_BidDocs08272026.pdf, page 3 · copied Oct 2, 2026
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Payment bond
100%
Required
A Contract Performance Bond and Payment Bond equal to one hundred (100) percent of the contract price will be required.
LakelandAveDrainageImp_BidDocs08272026.pdf, page 3 · copied Oct 2, 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.