05-Bid Bond.docx

DOCX document 57 KB Posted

Attached to
City of Lafayette: Lamont Does Park Landscape Repair
Solicitation number
IFB-24-18-PW (Rev 6.27)
Issued by
Boulder County, Lakewood City, Colorado

About this file

This document is a Bid Bond for the City of Lafayette's LaMont Does Park Landscape Repair project located in Colorado. The project involves landscape repair and construction, specifically including approximately 2,185 square feet of colored concrete, soil preparation, sod and native seed installation, shredded cedar and cobble mulch for planting beds, and tree, shrub, and grass plantings. The project also encompasses necessary ancillary work such as traffic and pedestrian control and demolition, with a contract term of 90 calendar days. The bid bond serves as a financial guarantee for the contractor's compliance with bid requirements.

The total project cost is not explicitly stated in the provided document, and specific pricing details are not disclosed. The bid bond is structured to ensure the contractor's commitment to the project, with the City of Lafayette as the obligee. The bond requires the contractor to promptly comply with award requirements, with potential financial penalties if they fail to do so. The project will be executed based on drawings and specifications provided by Munding Design, LLC, with the bid process governed by the city's procurement guidelines.

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Project: LaMont Does Park Landscape Repair Contractor: ___________________ Design Professional: Munding Design, LLC_________ Total Cost: ___________________ Term: 90 calendar days______________________ Acct. or P.O. #: 34-301-932100_______________ Bond No. ___________________

BID BOND

KNOW ALL MEN 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 .