E. Surety Bonds. The Contractor shall furnish separate performance and

City Commission · 2026-05-19 · agenda_item

This notice concerns surety bonds required for a construction project in the City of Kissimmee. The contractor will need to provide separate performance and payment bonds to the City. These bonds will guarantee the project's completion and prompt payment to labor and material suppliers. The total amount for each bond is set at $239,524.09, which is the agreement price. This item is currently under review. The project will involve securing these bonds, which are a crucial step before construction can begin. This opportunity is for surety companies and potentially legal services that can assist in drafting and approving these financial guarantees. Early engagement could be beneficial as the agreement price may be adjusted by change orders.

agreement price

239524.09 dollars