Onerous Bond Terms and Conditions Required by Wilsonville, OR

I am contacting you on behalf of the National Association of Surety Bond Producers (NASBP), a national trade association of agencies employing licensed surety bond producers who place bid, performance, and payment bonds in the State of Oregon and across the United States. NASBP was recently forwarded a copy of the Bid Bond, Performance Bond, and Payment Bond Forms (collectively, Bonds) required for a City of Wilsonville (City) project (specifically, the 95th Avenue Storm Line Repairs, Project #7062). We have reviewed these documents, and the terms and conditions of these forms give NASBP great concern. In particular, these bond terms and conditions are counter to prevailing surety and construction industry practices and to the market reputation of the City as a desirable procurer of construction services. Such onerous terms and conditions will restrict competition for City projects and ensure the City pays more for the work.

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