05-Bid Bond.docx
DOCX document 56 KB Posted
- Solicitation number
- IFB-25-10-PW/PROJECT NO. BRO M750-007 SUB ACCOUNT 25517
- Issued by
- Boulder County, Lakewood City, Colorado
About this file
The document is a Bid Bond for the City of Lafayette's Bridge Rehabilitation project located at 120th Street over Coal Creek in Colorado. The project involves the comprehensive rehabilitation of a bridge box culvert, including replacement of the entire top slab, bridge railing, asphalt improvements, pedestrian crossing signal relocation, signing, striping, and final area stabilization. The contract term is set at 60 working days, with the total project scope focused on infrastructure improvement and modernization of the bridge crossing.
The Bid Bond document indicates a formal bidding process with a surety mechanism to ensure contractor compliance, with RockSol Consulting Group, Inc. identified as the design professional. The bond is issued to the City of Lafayette, with the specific account number 34-301-932100, and serves as a financial guarantee that the selected contractor will fulfill the project requirements. While specific pricing details are not explicitly outlined in this document, the bid bond represents a standard risk mitigation tool to protect the city's interests during the procurement and initial stages of the bridge rehabilitation project.
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Text version
Project: Bridge Rehabilitation 120th St Over Coal Creek Contractor:
Design Professional: RockSol Consulting Group, Inc.
Total Cost:
Term: 60 Working Days Acct. or P.O. #: 34-301-932100 Bond No.
BID BOND
KNOW ALL PERSONS BY THESE PRESENTS: that [insert name and address of Contractor] as Principal, hereinafter called CONTRACTOR, and [insert name and address of Surety] as Surety, hereinafter called SURETY, are held and firmly bond unto
City of Lafayette 1290 S. Public Road Lafayette, CO 80026 as Obligee, hereinafter called CITY, in the amount of _________________________________ Dollars ($_______________), for the payment whereof CONTRACTOR and SURETY bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
WHEREAS, CONTRACTOR has submitted a Bid dated ___________________, 20__, in accordance with the Invitation to Bid issued by CITY, which Bid is by reference made a part hereof, and is hereinafter referred to as the Bid.
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION is such that, if CONTRACTOR shall promptly comply with all requirements of the Notice of Award dated _______________________, 20__, then this obligation shall be null and void; otherwise, the amount of this Bond shall be paid to the CITY upon demand.
Signed and sealed this _______ day of ___________, 20__.
[CONTRACTOR] [SURETY]
| ______________________________ | ______________________________________ | |
| [Name, Title] | [Name, Title] |
ATTTEST: ATTEST:
| ____________________________ | ____________________________ | |
| [Title] | [Title] |
HRO #686651 v1 Bid Bond Form Approved by City Attorney on 1/22/01 HRO #686651 v1 Bid Bond Form Approved by City Attorney on 1/22/01 image1.jpeg
File details come from the government source that posted it. Updated .