1-05 Bid Bond.pdf
PDF 139 KB Posted
- Attached to
- Hartrick Bluff Reconstruction (From FM 93 to Waters Dairy Rd) FM 93 IMP & Traffic Signalization
- Solicitation number
- Bid #34-06-26
- Issued by
- Bell County, Texas
About this file
This is a Bid Bond document for the City of Temple, Texas, a home rule municipal corporation located in Bell County, issued for the Hartrick Bluff Reconstruction project. The project involves constructing approximately 6,200 linear feet of 40-foot-wide, two-lane roadway with a center turn lane, sidewalks, and a precast bridge structure, along with 7,660 linear feet of waterline in 8-inch, 10-inch, and 12-inch sizes. The scope includes roadway signalization, lane widening, and designated turn lanes at F.M. 93. The selected contractor shall complete the work within 730 consecutive calendar days from Notice to Proceed.
The engineer's estimate of probable cost for this project is $13,563,786.07. The bid bond requires both the principal contractor and surety to be bound jointly and severally to the City of Temple. The bond specifies that if the principal withdraws its bid after opening and before official rejection, or if selected but fails to enter into the contract and furnish satisfactory Performance and Payment Bonds, the obligee is entitled to collect the full amount of the bid bond as liquidated damages. Venue for any legal action on the bond shall lie in Bell County, Texas. The bid bond document requires completion and upload to EUNA Procurement or submission via hard copy, with a power of attorney to be attached.
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Text version
COMPLETE & UPLOAD TO EUNA PROCUREMENT
OR SUBMIT VIA HARD COPY
BID BOND
THE STATE OF TEXAS § SURETY'S NO. ___________
COUNTY OF §
KNOW ALL MEN BY THESE PRESENTS, THAT
(hereinafter called the Principal), as Principal, and
(hereinafter called the Surety), as Surety, are bound unto the City of Temple, Texas, a home rule municipal corporation of Bell County, Texas (hereinafter called Obligee) in the amount
DOLLARS ($ ), for the payment whereof said Principal and Surety bind themselves, and their heirs, administrators, executors, successors, and assigns, jointly and severally, firmly by these presents.
WHEREAS, the Principal has submitted a Bid to enter into a certain written Contract with the
City of Temple for the construction of the following:
HARTRICK BLUFF RECONSTRUCTION (FROM F.M. 93 TO WATERS DAIRY RD)
F.M. 93 IMP & TRAFFIC SIGNALIZATION
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the said Principal shall faithfully, enter into such written Contract, then this obligation shall be void;
otherwise, to remain in full force and effect.
IT IS EXPRESSLY UNDERSTOOD AND AGREED that if said Principal should withdraw its
Bid any time after such Bid is opened and before official rejection of such Bid or, if successful in securing the award thereof, said Principal should fail to enter into the Contract and furnish satisfactory Performance Bond and Payment Bond, the Obligee, in either of such events, shall be entitled and is hereby given the right to collect the full amount of this Bid Bond as liquidated
COMPLETE & UPLOAD TO EUNA PROCUREMENT
OR SUBMIT VIA HARD COPY
damages.
PROVIDED, further that if any legal action be filed upon this Bond, venue shall lie in Bell
County, Texas.
IN WITNESS WHEREOF, the said Principal and Surety do sign and seal this instrument, this day of , 2026.
Principal/Contractor Surety
By
Address
By ________
Address ________
NOTE: Attach Power of Attorney
File details come from the government source that posted it. Updated .