Bonding Requirements - What are the bonding requirements?

Bonds are normally not required for projects estimated to cost less than $100,000. The Purchasing Agent, however, may require a bond if s/he believes it is in the City’s best interest. Bonds may be issued by an approved surety firm, be in the form of a cashier’s check, or, with the prior approval of the City Attorney, be in the form of an irrevocable letter of credit from an approved financial institution.

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1. Appointments - How do I request an appointment?
2. Bid Process - What is the City's bidding process?
3. Bidder's List - How do I get my company on the City's bidder list?
4. Bonding Requirements - What are the bonding requirements?
5. Contracting Opportunities - How does the City advertise goods and services being bid?
6. Directions - How do I get to the Procurement Office?
7. Licensing Requirements - What are the licensing requirements for the City of Charlottesville and the Commonwealth of Virginia?
8. Marketing - How do I contact City departments to introduce my company?
9. School Procurement - Does the City issue solicitations on behalf of the Charlottesville City Schools?
10. Set-Asides - Does the City offer set-asides or preferences any class of business?
11. Vendor Appeals - How can I obtain a copy of the Vendor Appeal Procedures?