100343_13_Bid_Guaranty_Fillable.pdf
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- Solicitation number
- 2026.013-LUT CPS
- Issued by
- Washington County, Oregon
About this file
This is a Bid Guaranty Form for Washington County, Oregon, related to the Century Blvd. Extension project (Project #100343) extending from SE Lois Street to E Main Street. The project encompasses comprehensive roadway and infrastructure construction including roadway widening with curbs, gutters, curb ramps, bike lanes, sidewalks, and driveways; installation of new water lines, meters, and utilities; construction of storm conveyance systems and stormwater treatment facilities; retaining walls; Rectangular Rapid Flashing Beacons and illumination; conduits and junction boxes for future signal interconnect; signing and striping; sanitary sewer lateral extensions; pavement reconstruction and overlay; a bridge over Rock Creek; a flood overflow channel; and landscaping improvements. The bid number is 2026.013-LUT CPS 1.20, and bidders are required to submit this form as part of their bid package.
The bid guaranty requires a monetary commitment equal to ten percent of the total bid amount and must be executed by both the contractor as principal and a surety corporation authorized to do business in Oregon. The guaranty remains in effect for a minimum of thirty calendar days from the date of award unless otherwise specified in the special provisions. If the submitted bid is accepted by Washington County and the principal contractor fails to execute the required contract and performance and payment bonds within the timeframe set by the county, the bid guaranty shall be immediately forfeited to Washington County. The project cost range is estimated between $20,000,000 and $50,000,000.
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Text version
Century Blvd. Extension 1-3 Project # 100343 SE Lois Street to E Main Street Bid # 2026.013-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 “Century Blvd. Extension - SE Lois Street to E Main Street” 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)
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File details come from the government source that posted it. Updated .