00 43 16 BidBond 20240924.docx

DOCX document 42 KB Posted

Attached to
Invitation to Bid for Construction Services
Solicitation number
2620BIC307
Issued by
Middlesex County, Connecticut

About this file

This is a Bid Bond document issued by the State of Connecticut for the Middletown Veterans Cemetery's Immediate Expansion of In-Ground Cremated Remains Burial Plots project located at 197 Bow Lane, Middletown, Connecticut (Project BI-C-307). The bid bond serves as a financial guarantee that the bidder will enter into a contract if selected and will execute the work in accordance with the bid specifications and contract terms. The bond protects the state by ensuring bidders are financially capable and committed to performing the construction services required for the cremated remains burial plot expansion project.

The bid bond establishes the contractor's financial obligation and commitment to the project, requiring the bidder to secure bonding through an approved surety company before submitting their bid. This financial instrument ensures performance security and protects the state's interests in the construction project. The specific bid bond amount, surety requirements, and bonding company requirements are established within the contract documents and must be maintained throughout the bidding and contract execution phases.

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Other files

File Type Posted
00 40 15 DAS Prequal Cert Reqts 20251001.docx DOCX document
00 11 16 DAS-CS Invitation to Bid.pdf PDF
00 41 00 DAS-CS Bid Proposal Form LOCKED 07.01.2026.docx DOCX document
Specification Volume 1 of 1.pdf.crdownload CRDOWNLOAD file
00 40 14 CertOfAuthority 20231001.docx DOCX document
00 40 16 DAS Update Stmt Reqts 20251001.docx DOCX document
DRAWINGS.pdf.crdownload CRDOWNLOAD file
2620BIC307_Aug_3_26_solicitation_doc.pdf PDF
00 45 20 Named Sub Signature Page 20251001.docx DOCX document
00 45 14 GC Bidder Qual Statement 20251001.docx DOCX document

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Text version

SECTION 00 43 16

STANDARD BID BOND

Standard Bid Bond Requirements Part I

Project Number (see Bid Proposal Form):
BI-C-307
The Bidder has chosen the following option for this Section 00 43 16:
Click or tap here to select an option.

NOTE: Failure to properly complete Part II of this form, sign and upload this form to CTsource prior to the date and time of the Bid Opening shall cause rejection of the bid and shall not be considered a minor irregularity under Connecticut General Statutes Sections (C.G.S. §§) 4b-92 and 4b-95.

BID BOND OPTION:

(1) Complete and sign the Standard Bid Bond below. If another form of Bid Bond is used, your bid will be rejected.

(2) Attach the Power of Attorney from the Surety Company.

(3) Upload the Standard Bid Bond and Power of Attorney to the solicitation on CTsource prior to the date and time of the Bid Opening.

CERTIFIED CHECK OPTION:

(1) Upload this form to the solicitation on CTsource prior to the date and time of the Bid Opening.

(2) Deliver a copy of this form with your Certified Check, made payable to "Treasurer, State of Connecticut”, to the awarding authority noted on page 1 of Section 00 41 00 Bid Proposal Form, to the attention of: “Manager of Policy & Procurement”. This form and the Certified Check must arrive prior to the Date and Time of the Bid Opening.

Standard Bid Bond Part II

KNOW ALL MEN BY THESE PRESENTS, That we,
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Click or tap here to enter text. , hereinafter called the Principal,

of
Click or tap here to enter text., as Principal,
and
Click or tap here to enter text.,hereinafter

called the Surety, a corporation organized and existing under the laws of the

State of
Click or tap here to enter text., and duly authorized to transact a

surety business in the State of Connecticut, as Surety, are held and firmly bound unto the State of

Connecticut, as Obligee, in the penal sum of ten (10) percent of the amount of the bid set forth in a

proposal hereinafter mentioned,
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Click or tap here to enter text. , lawful money of the United States of America, for the payment of which, well and truly to be made to the Obligee, the Principal and the Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.

THE CONDITION OF THIS OBLIGATION IS SUCH, That, whereas the Principal has submitted

or is about to submit a proposal to the Obligee related to a contract for Project No.:
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NOW, THEREFORE, if the said contract be awarded to the Principal and the Principal shall, within such time as may be specified, enter into the said contract in writing with the State of Connecticut and give the required bonds, with surety acceptable to the Obligee, or if the Principal shall fail to do so, pay to the Obligee the damages which the Obligee may suffer by reason of such failure not exceeding the penalty of this bond, then this obligation shall be void, otherwise to remain in full force and effect.

SIGNED, SEALED AND DELIVERED this
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day of
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, 20
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(Principal's Signature)

Surety

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(Print Name)

Its attorney in fact Signature

Click or tap here to enter text.
Click or tap here to enter text.

Company Name

(Print Name)

CT DAS 5000 (Rev. 09.24.2024)
STANDARD FORM FOR ALL PROJECTS

File details come from the government source that posted it. Updated .