10-Form of Guaranty.pdf

This is a Form of Guaranty document related to the 2026 Traffic Signal Upgrades project for West Whiteland Township, Chester County, Pennsylvania. The document outlines bidding requirements and certifications that bidders must provide with their proposals for the traffic signal upgrades along Pottstown Pike (S.R. 0100) and Commerce Drive. Sealed proposals are being accepted until 1:00 PM on December 1, 2026, via PennBid, with Bid Day #1 commencing at 5:00 PM on November 2, 2026. Questions must be submitted through PennBid by November 9, 2026, at 1:00 PM. The Board of Supervisors will make the award decision at their public meeting on December 9, 2026, or at a subsequent meeting. Bidders are required to submit either a bid bond or certified check in the amount of 10 percent of the total bid with their proposals. No bid may be withdrawn within 60 days after opening, during which time the Township will review bids and investigate bidder qualifications.

The Form of Guaranty requires bidders to certify that their proposal is genuine and not collusive, and that they have not induced other parties to refrain from bidding or sought unfair advantage through collusion. Bidders must indicate receipt of any addendums issued during the bidding period and list their numbers and issuing dates. The accompanying bid bond or certified check will be forfeited as liquidated damages, not as a penalty, if the awarded bidder fails to execute the contract in conformity with the agreement or furnish required bonds within ten days after receipt of notice to proceed; otherwise, the security will be returned. All bidders and subcontractors must be PennDOT prequalified and comply with the PA Prevailing Wage Act and discrimination prohibitions. The Township reserves the right to waive minor informalities or reject any or all bids.