100690_13_Bid_Guaranty_Fillable.pdf
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- Solicitation number
- 2026.028-LUT CPS
- Issued by
- Washington County, Oregon
About this file
This is a Bid Guaranty Form for Washington County, Oregon, related to Project #100690, the SW 205th Avenue - Baseline to Quatama Improvements project, with Bid #2026.028-LUT. The project encompasses comprehensive roadway and infrastructure improvements including temporary traffic and erosion control, earthwork, watermain and sewer installation, retaining wall construction, bridge removal and replacement, pavement work, traffic signal installation, illumination systems, concrete construction, signage and striping, landscaping, and water quality facilities. The bid guaranty must be submitted as a binding commitment from both the contractor and a surety company authorized to do business in Oregon, with the form requiring execution and approval from Washington County officials.
The bid guaranty amount is established at ten percent of the total bid amount and must remain in full force and effect for a minimum of thirty calendar days from the date of award. Should the contractor's bid be accepted and the contractor subsequently fails to execute the contract and furnish required performance and payment bonds in accordance with contract specifications, the bid guaranty will be immediately forfeable to Washington County. The project cost is estimated between $15,000,000 and $30,000,000, requiring submission of a completed and notarized bid guaranty form signed by both the principal contractor and the surety's attorney-in-fact prior to bid acceptance.
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Text version
SW 205th Avenue 1-3 Project # 100690 Baseline to Quatama Improvements Bid # 2026.028-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 “SW 205th Avenue - Baseline to Quatama Improvements” 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 .