1-00430 - Bid Bond.pdf

160 KB Posted

Attached to
Gifford Water Tank Structural Rehabilitation Phase 2 PID 13. 23. 538
Solicitation number
2025067
Issued by
Indian River County, Florida

About this file

Written by GovTribe AI ·

This is a Bid Bond form template (document 00430) issued by the Indian River County Board of County Commissioners in Florida for an unspecified project. The form serves as a financial guarantee that binds the Principal (bidder) and Surety (bonding company) to ensure the bidder will honor their submitted bid and enter into a contract if selected. The bond requires that bidders not withdraw their bid within ninety (90) days after bid opening and enter into a written contract within fifteen (15) calendar days after contract forms are presented for signature, along with providing required performance and payment bonds.

The bid bond amount and specific project details are left blank as template fields to be completed for individual procurements. The form includes signature sections for both corporate and non-corporate bidders, requiring witnesses, seals, and notarized acknowledgements for the surety and surety's power of attorney. If the successful bidder fails to honor their obligations, they must compensate the County for the difference between their bid amount and the cost to procure the work from another source. The document establishes the legal framework for bid security but does not specify funding sources, contract terms, or pricing requirements, as these would be detailed in the accompanying solicitation documents.

View the file

Other files

File Type Posted
3-00452 - Disclosure.pdf PDF
4-00460 - Scrutinized.pdf PDF
7-00310 - Bid Form.pdf PDF
6-00458 - Subcontractors.pdf PDF
8-2025067 Gifford Tank Structural Rehabilitation Phase 2.pdf PDF
5-00456 - Qualifications Questionnaire.pdf PDF
2-00462 - Anti-Human Traffic.pdf PDF

On GovTribe

Work with this file

  • Download the original file
  • Contacts named in this file
  • Similar government files
  • Ask GovTribe AI about this file
Try for free Login

Text version

The file's text, extracted by GovTribe without its formatting.

Bid Bond 00430-1

00430 - BID BOND

COUNTY OF Bid No.

STATE OF

KNOW ALL MEN BY THESE PRESENTS, that we, , as Principal and , as Surety, are held and firmly bound unto the

Indian River County Board of County Commissioners, hereinafter called Owner, in the sum of

$ dollars ($ ) lawful money of the United

States of America, for the payment of which sum, well and truly to be made, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally, firmly by these presents.

THE CONDITION OF THE OBLIGATION IS SUCH that whereas the Principal has submitted the accompanying bid, dated , for the Project.

NOW, THEREFORE, if the Principal shall not withdraw said Bid within ninety (90) days after date of opening of the same and shall within fifteen (15) calendar days after the prescribed forms are presented to him for signature, enter into a written contract with Owner, in accordance with the Bid, as accepted, and shall give such bond or bonds as may be specified in the Bidding or Contract documents, with good and sufficient sureties, as may be required, for the faithful performance and proper fulfillment of such

Contract, and for the payment of labor and supplies incurred in connection therewith, or in the event of the withdrawal of said Bid within the period specified, in the failure to enter into such Contract and give such bonds within the time specified, if the Principal shall pay the Owner the difference between the amount specified in said Bid and the amount for which the Owner may procure the required work and/or supplies, if the latter amount be in excess of the former, then the above obligations shall be void and of no effect, otherwise, to remain in full force and virtue.

IN WITNESS WHEREOF, the above bound parties have executed this statement under their several seals this ________ day of , 20 __ , the name and corporate seal, if applicable, being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body.

Bid Bond 00430-2

FOR CORPORATE BIDDERS:

(Secretary)

WITNESS:

FOR NON-CORPORATE BIDDERS:

(Secretary)

(Principal) (Seal)

By:

Title:

Surety:

(Seal)

By:

(Attorney-in-Fact)

Typed Name:

Address:

(Principal) (Seal)

Title:

Surety:

(Seal)

(Attorney-in-Fact)

Typed Name:

Address:

Note: Notary acknowledgement for Surety and Surety’s Power of Attorney must be attached.

COUNTY OF:
Bid No:
STATE OF:
KNOW ALL MEN BY THESE PRESENTS that we:
and:
Textfield:
dollars:
accompanying bid dated:
for the:
this:
day of:
By:
Title:
Textfield-0:
Surety:
Typed Name:
Address:
Textfield-1:
By-1:
Title-0:
Textfield-2:
Surety-0:
Textfield-3:
Typed Name-0:
Textfield-4:
Year:
A3:

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