04 Noah Wilcox East Proposal Guarantee (Bid Bond), Document D fillable.pdf
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- Attached to
- NOAH AND WILCOX EAST AML RECLAMATION PROJECT
- Solicitation number
- IA-113-363
- Issued by
- Jasper County, Iowa
About this file
This is a Proposal Guarantee Bond (Bid Bond) document for the Noah and Wilcox East AML Reclamation Project issued by the Iowa Department of Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality. The bond pertains to Bid No. IA-113-363 and covers reclamation work in Sections 4, 5, 8, and 9 of Township 74 North, Range 18 West in Marion County, Iowa. The principal and surety are required to execute this bond as a condition of proposal submission. The bond ensures that if the proposal is accepted, the principal will enter into the contract within thirty days of award approval and furnish the required performance bond as specified by the Division.
The bond is structured as a penal sum instrument with liability terms that do not exceed the stated penal amount. The document requires signatures from both the principal and surety, with provisions for multiple signatories if the principal is a partnership. The bond becomes null and void if the proposal is rejected or if the principal fulfills all contractual obligations, including execution of the contract and submission of the performance bond within the specified thirty-day period following award approval. Failure to comply with these conditions results in forfeiture of the penal sum to the Division. The bond document is dated as of 2026 and serves as a guarantee of the bidder's good faith in submitting a responsive proposal and willingness to execute the resulting contract.
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Text version
NOAH AND WILCOX EAST AML RECLAMATION PROJECT DOCUMENT D (02/2023)
BID NO. IA-113-363 PROPOSAL GUARANTEE BOND
D-1
STATE OF IOWA
IOWA DEPARTMENT OF AGRICULTURE AND LAND STEWARDSHIP
DIVISION OF SOIL CONSERVATION AND WATER QUALITY
KNOW ALL MEN BY THESE PRESENT:
That we, _______________________________________ of as PRINCIPAL, and _____________________________________________ of _______________________________________________ as SURETY(S), are hereby held and firmly bound unto the State of Iowa in the penal sum of _____________________________________________________/100 Dollars ($_____________) for the payment, whereof, the said PRINCIPAL and SURETY(S) bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these present.
The conditions of this obligation are such that whereas the PRINCIPAL is herewith submitting to the State of Iowa, acting by and through the Iowa Department of Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality, hereinafter called the DIVISION, its sealed Contract for the following:
Noah and Wilcox East AML Reclamation Project SECTIONS 4, 5, 8 and 9, Township 74 North, Range 18 West, Marion County, Iowa Bid No. IA-113-363
NOW THEREFORE, the conditions of this obligation are such that, if said proposal is rejected by the DIVISION, or if said proposal is accepted by the DIVISION and the PRINCIPAL shall enter into a Contract in the form specified by the DIVISION in accordance with the terms of the Proposal and Schedule of Prices (Document C) and shall furnish a bond for the faithful performance of said Contract in the form specified by the DIVISION, this obligation shall be null and void.
Otherwise, it shall remain in full force and effect.
In the event that the said proposal is accepted by the DIVISION and the PRINCIPAL shall fail to enter into the Contract as defined herein or shall fail to furnish the performance bond as noted above, within thirty (30) days of the approval of the award, the PRINCIPAL and SURETY(S) agree to forfeit to the DIVISION the penal sum herein mentioned, it being understood that the liability of the SURETY(S) shall in no event exceed the penal sum or this obligation.
IN WITNESS WHEREOF, the above bounden parties have executed this instrument under their several seals this_______________ day of _____________________________, 2026, the name and corporate seal of each party being hereto affixed and these present duly signed by its undersigned representative pursuant to authority of its governing body.
PRINCIPAL SURETY
BY: BY:
Signature Signature
Print Name Print Name
BY:
Signature
Print Name
If a partnership, all partners must sign.
END OF DOCUMENT D
| That we: |
| of: |
| as SURETYS are hereby held and firmly bound unto the State of Iowa in the penal sum of: |
| for the payment whereof: |
| Print Name: |
| Print Name_2: |
| Print Name_3: |
| Month: |
| 100 Dollars: |
| day: |
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