Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is bonding waived for M/WBE participants?

bonding participants waived WBE
0
Posted

Is bonding waived for M/WBE participants?

0

No. DASNY retains the right to waive bonding requirements on Construction on some set-aside projects and on projects under $100,000, (under $200,000 for non-Wicks projects) and Professional Services and Commodities contracts under $25,000. However, all necessary insurance policies will still be required even if the bonding is waived.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123