004313_Bid_Bond.pdf
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- Solicitation number
- 2026-063
- Issued by
- Collin County, Texas
About this file
This is a Bid Bond document for Collin County, Texas, related to IFB #2026-063 for the Generator Replacement project at the Collin County Adult Detention Facility (CCADF) Lower B. The bond form establishes the legal framework whereby a principal contractor and surety company guarantee the principal's obligation to enter into the contract and provide required performance and payment bonds upon award. The project solicits sealed bids for comprehensive mechanical and electrical work involving disconnection and removal of an existing generator, installation and connection of a new diesel generator, and final load testing. Two mandatory pre-bid meetings with site walks are scheduled for December 2, 2025, at 1:30 p.m. and December 4, 2025, at 10:00 a.m., both at the Collin County Central Plant in McKinney, Texas. Prospective bidders must attend one meeting to obtain electrical and mechanical drawings, which require execution of a Non-Disclosure Agreement. The bid submission deadline is December 18, 2025, at 2:00 p.m., with bid opening on the same day. The anticipated contract award will occur within 90 calendar days after bid opening.
The bid bond requires a penal sum equal to five percent of the bid amount and establishes liquidated damages of $500 per calendar day for failure to meet the completion schedule. Upon contract award, the successful contractor must furnish performance, payment, and two-year maintenance bonds within ten calendar days. The estimated probable construction cost is $1,100,000.00. The contract includes one-year warranty coverage for mechanical systems and two to five years for electrical equipment and generators from the date of substantial completion. Acceptable generator manufacturers are limited to Onan/Cummins and Kohler, with requirements for continuous duty rating, automatic transfer capabilities, and comprehensive monitoring and control systems. Bidders must comply with federal and state requirements including E-Verify, immigration verification, debarment certification, and conflict of interest disclosure. Required insurance coverage includes workers' compensation, commercial general liability, automobile liability, and umbrella liability. No specific set-aside designations for disadvantaged enterprises are mentioned in the procurement documents.
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Text version
004313 BID BOND
STATE OF TEXAS §
COUNTY OF COLLIN § KNOW ALL MEN BY THESE PRESENTS:
THAT , a corporation organized and existing under the laws of the State of , and fully authorized to transact business in the State of Texas, whose address is of the City of County of , and State of ,(hereinafter referred to as “Principal”), and (hereinafter referred to as “Surety”, a corporation organized under the laws of the State of and authorized under the laws of the State of Texas to act as surety on bonds for principals, are held and firmly bound unto (hereinafter referred to as “Owner”) and unto all persons, firms and corporations who may furnish materials for or perform labor upon the buildings, structures or improvements referred to in the attached Contract, , in the penal sum of Dollars ($ ) in lawful money of the United States, for the payment whereof, the said Principal and Surety bind themselves, and their heirs, administrators, executors, successors, and assigns, jointly and severally, firmly by these presents:
SIGNED, SEALED and DATED this day of 202 .
WHEREAS, the Principal is herewith submitting its proposal for ___________________________________________.
The condition of the above obligations are such that if the aforesaid Principal shall be awarded the Contract, the said Principal will, within the time required, enter into a Contract and give Bonds, if required, for the faithful performance of the Contract and the prompt payment for labor and materials in the prosecution thereof, then this obligation shall be null and void; otherwise the Principal and Surety will pay unto the OWNER the full penal sum hereof, as liquidated damages, it being difficult and impractical to determine accurately the actual amount of damages occurring to OWNER by reason of Principal’s failure to execute said Contract and
Bonds.
PROVIDED FURTHER, that if any legal action be filed on this Bond, venue shall lie in County, Texas.
The Resident Agent of the Surety for delivery of notice and service of process is:
Name:
Address:
Phone Number:
WITNESS PRINCIPAL
Printed/Typed Name Title:
Company:
Address:
WITNESS SURETY
Printed/Typed Name Title:
Company:
Address:
NOTE: CERTIFIED COPY OF POWER-OF-ATTORNEY SHOULD BE ATTACHED HERETO.
Revised 11/2008
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