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City of Franklin·Tennessee

Site Improvement Surety Reconciliation Services COF Contract 2026-0174 Advertisement for Bid

Closes 8/25/2026$100k – $500kInvitation for Bid
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Description

The City of Franklin is seeking a qualified contractor to perform surety reconciliation services for its 2026 site‑improvement projects under COF Contract 2026‑0174. The contractor will be responsible for managing surety bonds, reconciling payments, ensuring compliance with contractual terms, and delivering final financial reports. • Manage and reconcile surety bonds associated with multiple site‑improvement projects. • Provide detailed financial reporting, audit trails, and compliance documentation to the city’s engineering and finance offices. • Coordinate with contractors, bond providers, and city staff to resolve any discrepancies promptly. • Ensure timely processing of payments, refunds, and bond releases throughout the project lifecycle. • Deliver a final comprehensive reconciliation report upon project completion.

Attached files

Contact

(615) 791-3218

Key dates

Opened
7/28/2026
Closes
8/25/2026

Last updated

Details

Type
Invitation for Bid
Industry
Construction
NAICS
236220
Solicitation №
COF Contract 2026-0174

Budget estimate

$100,000 – $500,000

No explicit budget is disclosed, but similar municipal surety reconciliation contracts typically range from $100k to $500k depending on project scope, number of bonds, and duration. This estimate assumes moderate project complexity and a one‑year service period.

AI estimate from the solicitation

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