DMEPOS Bid Bonds
The bidding window for the Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program opens July 16th through September 18, 2019. All bidders in Round 2021 (contract period 1/1/21-12/31/23) of the DMEPOS Competitive Bidding Program are required to obtain a $50,000 bid surety bond. The DMEPOS Competitive Bidding Program was mandated by Congress to improve the effectiveness of the Medicare methodology for setting DMEPOS payment amounts. If you are a bidder in need of a DMEPOS Bid Bond call Reeder Insurance Agency today!