1-BerwynPedImprv-BB.pdf
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- Attached to
- VILLAGE AT BERWYN PEDESTRIAN IMPROVEMENTS
- Solicitation number
- Not on record
- Issued by
- Chester County, Pennsylvania
About this file
This is a Bid Bond form for the Village at Berwyn Pedestrian Improvements project in Easttown Township, Chester County, Pennsylvania. The bond serves as a financial guarantee that the principal contractor will execute the contract if their bid is accepted and will perform all work in accordance with the contract terms and conditions. The project involves concrete curb and sidewalk replacement and installation, roadway restoration, driveway adjustments, drainage work, erosion and sediment controls, and associated labor and materials across two plan sets covering Waterloo Avenue and Township portions of First Avenue and Bridge Avenue. A mandatory pre-bid meeting is scheduled for 10:00 AM on July 9, 2026, at the Easttown Township Building, with sealed bids due electronically via PennBid by 11:00 AM on July 23, 2026, with results to be opened the same day. All bidders must be PennDOT pre-qualified contractors, and subcontractors must also pre-qualify if listed in proposals or undertaking construction work.
The bid bond must equal 10% of the total contract bid price and must be issued by a surety licensed in Pennsylvania. All bidders must comply with the Pennsylvania Prevailing Wage Act and pay workers the prevailing minimum wage rates established by the Pennsylvania Secretary of Labor. The bid documents, specifications, and construction plans are available electronically at no cost via PennBid. Easttown Township reserves the right to waive minor informalities or reject any or all bids. The project requires submission of mandatory forms including a Non-Collusion Affidavit, Form of Guaranty, Public Works Employment Verification Form, and Worker Protection Form. No specific set-aside designations or disadvantaged enterprise requirements are mentioned in the available documentation.
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Text version
(6/2026) 24-8136 (BerwynPedImprv-BB.docx) BB-1
BID BOND
KNOW ALL MEN by these presents that we, the undersigned ______________________________ ______________ as Principal, and _______________________________ as Surety, are at this moment held and firmly bound unto Easttown Township, 566 Beaumont Road, Devon, PA 19333 as Owner, in the sum of ten percent (10%) of the total contract bid price; _________________________________ _________________ (written) ($ ) (figures) for the payment of which, well and truly to be made, we at this moment jointly and severally bind ourselves, our heirs, executors, administrators, successors, and assigns.
Signed this day of , 20 .
The Condition of the above obligation is such that whereas the Principal has submitted to __________ ___________ a certain Bid, attached hereto and at this moment made a part hereof, to enter into a contract in writing for the:
VILLAGE AT BERWYN PEDESTRIAN IMPROVEMENTS
EASTTOWN TOWNSHIP, CHESTER COUNTY, PA
NOW, THEREFORE:
A) If said Bid shall be rejected or in the alternate, B) If said Bid shall be accepted, and the Principal shall execute and deliver a contract in the Form of the Contract attached hereto (properly completed in accordance with said bid) and shall furnish a bond for his faithful performance of said Contract, and for the payment of all persons performing labor or furnishing materials in connection therewith, and shall in all other respects perform the agreement created by the acceptance of said Bid, then this obligation shall be void; otherwise the same shall remain in force and effect; it is expressly understood and agreed that the liability of the Surety for any and all claims hereunder shall, in no event, exceed the penal amount of this obligation as herein stated.
The Surety, for value received, at this moment, stipulates and agrees that the obligations of said Surety and its bond shall be in no way impaired or affected by any extension of the time within which the Owner may accept such Bid; and said Surety does at this moment waive notice of any such extension.
IN WITNESS OF WHICH, the Principal and the Surety have hereunto set their hands and seals, and such of them as are corporations have caused their corporate seals to be hereto affixed and these presents to be signed by their proper officers, the day and year first set forth above.
(L.S.)
(PRINCIPAL)
(SURETY)
BY: ___________________________________________
VILLAGE AT BERWYN PEDESTRIAN IMPROVEMENTS
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