1-05 Required Form - Bid Bond.pdf
PDF 146 KB Posted
- Solicitation number
- Bid #95-03-26
- Issued by
- Bell County, Texas
About this file
This is a bid bond form required by the City of Temple, Texas for the Airport PAPI and REIL Replacement project on Runway 34 at Draughon-Miller Central Texas Regional Airport. The project involves constructing a new 4-box LED Precision Approach Path Indicator (PAPI) and Runway End Identifier Lights (REIL) to replace existing systems on runway 34, located at 7720 Airport Road, Temple, Texas. An add alternate is included for replacing existing direct buried electrical lines with new conduit-enclosed lines and any necessary electrical box upgrades. The selected contractor must complete all work within 180 consecutive calendar days from the Notice to Proceed. Bidders are required to submit a 5% bid bond with their bid submissions, and the City encourages use of its attached form. Bids submitted with bonds on alternative forms may be rejected if the City determines the bond does not provide equivalent protection.
The engineer's estimate of probable construction cost is $100,922, funded through a TXDOT RAMP Grant. Bid bonds must be completed and uploaded to EUNA Procurement or submitted via hard copy. The bond obligates the principal and surety jointly and severally to the City of Temple and requires the principal to faithfully enter into the written contract upon bid award. If the principal withdraws its bid after opening or fails to execute the contract and provide satisfactory Performance and Payment Bonds upon award, the City is entitled to collect the full bid bond amount as liquidated damages. Venue for any legal action on the bond lies in Bell County, Texas. A Power of Attorney must be attached to the completed bond form.
View the file
Other files
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
COMPLETE & UPLOAD TO EUNA PROCUREMENT
OR SUBMIT VIA HARD COPY
BID BOND
Bidders must submit a 5% bid bond with their bid. Bidders are encouraged to use the City’s attached bid bond form for this purpose. The City may reject bids which include bid bonds submitted on something other than the City’s form if it determines in its sole discretion that the bid bond does not provide the same level of protection as the City’s bid bond form provides.
BID BOND
THE STATE OF TEXAS § SURETY'S NO. ___________
COUNTY OF §
KNOW ALL MEN BY THESE PRESENTS, THAT
(hereinafter called the Principal), as Principal, and
(hereinafter called the Surety), as Surety, are bound unto the City of Temple, Texas, a home rule municipal corporation of Bell County, Texas (hereinafter called Obligee) in the amount
DOLLARS ($ ), 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:
AIRPORT PAPI AND REIL REPLACEMENT - RUNWAY 34 (TXDOT RAMP GRANT)
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 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 .