Tennessee Construction Manager Bid Bond
What it is & who requires it
Construction managers bidding or contracting public work in Tennessee (including for boards of education); the bid bond precedes the combined payment & performance bonds at contracting.
Obligee: Tennessee public-work owners (any city, county, state authority, or board of education). Citation: Tenn. Code Ann. Sec. 62-6-129.
Bond amount
Bid bond equal to 10% of the value of the construction-management services proposed plus the value of the work to be managed; or payment and performance bonds equal to the combined monetary value at contracting.
How to get it
This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
Request a bond quote
Tell us about the bond and the project. A licensed producer follows up — these bonds are individually underwritten, so they are not issued instantly.
Term & renewal
Term: Per public-work procurement (bid guaranty submitted with the proposal)
Renewal: Per bid
Filing
Submitted with the proposal to the Tennessee public-work owner (a city, county, state authority, or board of education) as a bid guaranty; at contracting it is followed by payment and performance bonds. Required under Tenn. Code Ann. Sec. 62-6-129.
Source
Verified against the obligee source (last checked 2026-06-07).
Related Tennessee bonds
Frequently asked questions
- Who requires the Tennessee Construction Manager Bid Bond?
- It’s required by Tennessee public-work owners (any city, county, state authority, or board of education) (Tenn. Code Ann. Sec. 62-6-129). Construction managers bidding or contracting public work in Tennessee (including for boards of education); the bid bond precedes the combined payment & performance bonds at contracting.
- How much is the Tennessee Construction Manager Bid Bond?
- Bid bond equal to 10% of the value of the construction-management services proposed plus the value of the work to be managed; or payment and performance bonds equal to the combined monetary value at contracting.
- How do I get the Tennessee Construction Manager Bid Bond?
- This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
- What is the term?
- Per public-work procurement (bid guaranty submitted with the proposal) Renewal: Per bid
- Is this bond insurance for me?
- No. It protects the obligee and the public — not you. If a valid claim is paid, you repay the surety.
- How is this requirement verified?
- We verify it against the obligee’s primary source (last checked 2026-06-07); the source link is on this page.
