100315_13_Bid_Guaranty_Fillable.pdf

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Attached to
100315 - NW Walker Road - NW 185th Ave to NW 173rd Ave
Solicitation number
2026.011-LUT CPS
Issued by
Washington County, Oregon

About this file

This is a Bid Guaranty Form for Washington County, Oregon, related to Project 100315 for the NW Walker Road construction project extending from NW 185th Avenue to NW 173rd Avenue. The project involves roadway widening and construction of a 5-lane section on NW Walker Road, including curbs, sidewalks, and illumination; intersection widening and improvements; retaining walls and sound walls; a piped storm water conveyance system with water quality treatment and detention; signing and striping; illumination and traffic signals; waterline installation; and additional incidental work as specified. The project cost range is estimated between $10,000,000 and $30,000,000. The bid number is 2026.011-LUT CPS 1.20.

The Bid Guaranty Form requires contractors to provide a surety bond equal to ten percent of the total bid amount, with the bond to remain in full force and effect for a minimum of thirty calendar days from the date of award. If the submitted bid is accepted by Washington County and the principal contractor fails to execute the contract and provide required performance and payment bonds within the timeframe specified by the County, the bid guaranty shall be paid to Washington County. The surety must be a corporation duly organized and authorized to do business in the State of Oregon. The form was approved as to form by the Assistant County Counsel on June 2020 and is dated 2026.

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Text version

NW Walker Road 1-3 Project # 100315 NW 185th Ave to NW 173rd Ave Bid # 2026.011-LUT CPS

1.20 BID GUARANTY FORM

KNOW ALL PERSONS by these presents, that we

(Contractor), as principal and

(Surety), a corporation duly organized under the laws of the State of , having its principal place of business at , and authorized to do business in the State of Oregon, as surety, are held and firmly bound unto Washington County, Oregon, as obligee, in the full sum of ten (10) percent of the total amount of the bid for the payment of which will and truly be made, we bind ourselves, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.

NOW, THEREFORE, as the principal named below is submitting an irrevocable bid for the construction of “NW Walker Road - 185th Ave. to 173rd Ave.”

as described in the Washington County Invitation to bid, and accompanying contract documents incorporated by reference herein, and if said bid submitted by principal is accepted by Washington County and said principal fails to execute the contract and required performance and payment bonds in accordance with 00130.50, then the Bid Guaranty shall immediately be paid to Washington County in accordance with 00130.60.

AND FURTHER, if the submitted Bid is accepted by Washington County and said principal shall enter into and execute the contract and shall furnish bonds as required by Washington County, Oregon, within the time fixed by said County, then this obligation shall be void; otherwise, to remain in full force and effect for not less than thirty (30) calendar days from the date of award, unless otherwise specified in the Special Provisions.

Signed and sealed this day of , 2026.

By: Principal

Surety

By: Attorney-In-Fact

APPROVED AS TO FORM:

/s/ Cortney D. Duke-Driessen Assistant County Counsel (06/2020)

Surety:
State:
Surety's Place of Business:
Date:
Month:
Contractor:
Contractor1:
Surety1:

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