Bridge Project Forfeiture Provision for DBE Participation

I am writing on behalf of the National Association of Surety Bond Producers (NASBP), a national trade association of member companies employing professional surety bond producers who place bid, payment, performance, and maintenance bonds for the Nation’s construction and infrastructure projects, including those in the State of Missouri. Recently, it has come to our attention that the Missouri Department of Transportation (MoDOT) has incorporated certain requirements in bidding documents which are entirely out of keeping with the purpose and function of bid bonds. It is the opinion of NASBP that such requirements are inapposite to the long-term interests of MoDOT, as they will be of significant concern to sureties and, consequently, may lessen the competition for MoDOT projects.

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