I am contacting you on behalf of the National Association of Surety Bond Producers (NASBP), a national trade association of companies employing licensed surety bond producers placing contract and commercial surety bonds in the State of California and all other jurisdictions. NASBP was recently forwarded a copy of the Request for Proposal (RFP) K001063 for Customer Service Center System project (Project), issued by Foothill/Eastern Transportation Corridor Agency (TCA) and San Joaquin Hills Transportation Corridor Agency. NASBP has significant concerns about the language in section 11.1.1 of the RFP: specifically, NASBP is concerned about the penalty incurred by the performance bond surety if the bond is not renewed by the surety and is not replaced by the contractor.
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Supporters Request H.R. 1285, the Water Infrastructure Subcontractor & Taxpayer Protection Act, Receive Markup Which Is Pending Before the Transportation & Infrastructure Committee