100762_13_Bid_Guaranty_Fillable.pdf
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- Solicitation number
- 2026.035-LUT CPS
- Issued by
- Washington County, Oregon
About this file
This is a Bid Guaranty Form for Washington County, Oregon, related to Project #100762, the NW Turk Road Bridge Replacement (#671374), Bid #2026.035-LUT. The project involves constructing a bridge on Turk Road over West Fork Dairy Creek, including installation of temporary traffic control and erosion control measures, construction of roadway approaches, driveways, and guardrail installation, along with additional incidental work as specified in the project plans and specifications. The project cost range is estimated between $1,000,000 and $2,000,000. The bid guaranty must remain in effect for not less than thirty calendar days from the date of award, unless otherwise specified in the Special Provisions.
The bid guaranty is set at ten percent of the total bid amount and must be provided by a surety corporation authorized to do business in the State of Oregon. The guaranty ensures that if the submitted bid is accepted by Washington County and the principal contractor fails to execute the contract and required performance and payment bonds in accordance with the specified regulations, the bid guaranty shall be immediately paid to the County. Conversely, if the contractor executes the contract and furnishes all required bonds within the timeframe established by Washington County, the bid guaranty obligation becomes void. The form requires signatures from the contractor principal, surety representative (Attorney-in-Fact), and has been approved as to form by the Assistant County Counsel as of June 2020.
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Text version
NW Turk Road 1-3 Project # 100762 Bridge Replacement (#671374) Bid # 2026.035-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 Turk Road Bridge Replacement (#671374)” 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 .