11-Proposal Bond.docx

BOND NO._______________________

PROPOSAL BOND

KNOW ALL MEN BY THESE PRESENTS THAT WE, (hereinafter called the Principal) and (hereinafter called the Surety), a corporation chartered and existing under the laws of the State of with its principal office in the City of and authorized to do business in the State of Florida, are held and firmly bound unto the Board of County Commissioners, Hillsborough County, Florida, in the full and just sum of twenty-five thousand dollars ($25,000.00) in good and lawful money of the United States of America, to be paid upon demand of the Board of County Commissioners, Hillsborough County, Florida and to which payment, will and truly to be made, we bind ourselves, heirs, executors, administrators, successors, and assignees, jointly and severally and firmly by these presents.

WHEREAS, the Principal is about to submit or has submitted a Proposal to the Hillsborough County Board of County Commissioners for: RFP-26-00156, Membrane Based Landfill Leachate Treatment Services (the “PROJECT”).

WHEREAS, the Principal desires to file this Proposal Bond in lieu of an acceptable alternative form of security otherwise required to accompany the Proposal:

NOW THEREFORE, the conditions of this Proposal Bond are such that if the Proposal is accepted by the Board of County Commissioners (the “COUNTY”) and if the Principal, (a) executes a written Agreement in the form and manner required by COUNTY in accordance with the Proposal and upon the terms, conditions and price(s) set forth therein and (b) executes any Performance Bond and/or Payment Bond required by the Agreement valued in the amount(s) specified therein and in a form and with sureties satisfactory to COUNTY; or furnishes an alternate form of security acceptable to COUNTY; then this Proposal Bond is void.

Otherwise, this Proposal Bond remains in full force and effect and the Surety shall immediately pay to COUNTY, upon demand, the amount secured by this Proposal Bond in good and lawful money of the United States of America, upon failure of the Principal to comply with any and all of the foregoing requirements within the time specified above. The purpose of this Proposal Bond is to ensure execution of the Agreement should the Principal be the successful Proposer. Therefore this Proposal Bond shall survive through the selection period and until satisfactory execution of the Agreement.

THIS BOND DATED THIS day of , 20______ (the date of issue by the Surety or by the Surety’s agent and the date of such agent’s power-of-attorney).

ATTEST: PRINCIPAL: Printed Name

Witness Printed Name

Title of Person Signing Above

--OR—

Witness Printed Name

Business Address

Business Telephone

STATE OF )

COUNTY OF )

The foregoing instrument was acknowledged before me by means of physical presence or

________________________________ for _________________________________________________.

(ie. Officer, attorney in fact) (Name of party on behalf of whom instrument was executed.)

(Signature of Notary Public)

(Print, Type, or Stamp Name of Notary Public)

Personally Known ___ OR Produced Identification ___

Type of Identification Produced ______________________

Business Address

Business Telephone

Witness Printed Name

-OR-

Witness Printed Name

Agent’s License No.

COUNTERSIGNED (if applicable):

Agency Name

Signed Phone

Agency Mailing Address Agent’s License No.

Agency Telephone Number

COUNTY OF )

The foregoing instrument was acknowledged before me by means of physical presence or

________________________________ for _________________________________________________.

(ie. Officer, attorney in fact) (Name of party on behalf of whom instrument was executed.)

(Signature of Notary Public)

(Print, Type, or Stamp Name of Notary Public) Personally Known ___ OR Produced Identification ___

Type of Identification Produced ______________________ Rev: September 7, 2018