Pro-Net Central Contractor Registration FY2001 Procurement Forecast. Bond approval and issuance are performed by the DOT approved surety companies. Required Information Bond applications include a list of information items to be furnished. The Bonding Program will also accept applications developed by private sources and organizations. The DOT Bonding Assistance Program is available to any company which holds or is in the process of obtaining a transportation-related contract and is certified as a DBE by any agency applying DOT certification requirements.
Environmental bonds are also available.
Completed applications are forwarded to the local agent. The Bonding Program will also accept packages developed by private sources and organizations. The firm has an opportunity to correct any deficiencies before the application is sent to a surety by the local bonding agent. The surety company performs the final underwriting and either issues the bond, or denies it. Decisions for the issuance of all bonds are the responsibility of the surety.