On behalf of the National Association of Surety Bond Producers (NASBP), a national trade association of agencies employing professional surety bond producers, including licensed producers placing bonds throughout the United States, I am contacting you regarding the Solicitation for the Charleroi Locks and Dam River Chamber Completion project (Project). The Solicitation for the Project has recently come to our attention, prompting us to express our concerns to you about several significant issues that will likely have a detrimental impact on bidder capacity, robust competition, and project price. NASBP wants to bring to your attention certain terms and conditions in the Solicitation that will not inure to the Government’s benefit, as they will inadvertently restrict competition and increase pricing.
NASBP Letter Addressing Locality Requirements in VA Bid Bond