Federal activity overview — SF-34: Annual Bid Bond
Federal form · U.S. General Services Administration (Standard Form)
An annual bid bond that covers all bids submitted by a contractor during a 12-month period, eliminating the need for individual bid bonds on each solicitation. It is advantageous for contractors who submit multiple bids throughout the year, particularly for construction firms active in federal contracting.
Active construction contractors use SF-34 to establish annual bid bond coverage, reducing paperwork and surety costs when bidding on multiple federal construction projects.
Reference record · Sources: U.S. General Services Administration (Standard Form) · Covers what it is, when it is used
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is federal form SF-34 (Annual Bid Bond). An annual bid bond that covers all bids submitted by a contractor during a 12-month period, eliminating the need for individual bid bonds on each solicitation. It is advantageous for contractors who submit multiple bids throughout the year, particularly for construction firms active in federal contracting.
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Ask about SF-34Active construction contractors use SF-34 to establish annual bid bond coverage, reducing paperwork and surety costs when bidding on multiple federal construction projects.
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Bureauify. (n.d.). SF-34: Annual Bid Bond — Records & sources. Bureauify Federal Intelligence. Retrieved , from https://bureauify.com/form/sf-34-annual-bid-bond
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