13-Attachment F-3 Warranty Bond Form.pdf
PDF 164 KB Posted
- Attached to
- Design and Build Services
- Solicitation number
- 541473
- Issued by
- Wayne County, Detroit City, Michigan
About this file
This is a Warranty Bond Form for a Local Agency Pass Through contract related to design-build services for the City of Detroit Office of Contracting and Procurement (OCP). The bond guarantees the Principal's performance of warranty obligations for work installed under a contract with the City of Detroit Department of Housing and Redevelopment (HRD) for an office renovation project located at 2 Woodward Suite 908, Detroit, Michigan 48226. The Principal is required to guarantee installed work against defects in materials or workmanship during a specified warranty period beginning from the Acceptance Date of the Warranted Work. A pre-bid walkthrough for the project is scheduled for Tuesday, February 17, 2026 at 2:00 PM EST at the project site in Detroit.
The warranty bond establishes the surety's obligation to ensure the Principal repairs any defects in materials or workmanship at the Principal's expense or reimburses the Obligee (City of Detroit) for losses sustained due to the Principal's failure to perform. The bond's liability is capped at the bond amount specified in the document. The surety must be notified of any default by registered mail within ten days of discovery, and no claim or action may be brought more than thirty days after the expiration of the warranty period. The bond remains in effect until all warranty obligations are fulfilled or the specified warranty term expires.
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Text version
<local agency name>
LOCAL AGENCY
PASS THROUGH WARRANTY BOND
KNOWN ALL MEN BY THESE PRESENTS:
Bond Number:
That we, (hereinafter called the "Principal" and (hereinafter called "Surety") a corporation duly organized under the laws of the State of and duly licensed to transact business in the State of Michigan, are held and firmly bound unto the ___<local agency name>___________ (hereinafter called the "Obligee"), in the sum of $ dollars for the payment of which sum well and truly to be made, we, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
WHEREAS, the said Principal has heretofore entered into a contract with the Obligee, under
Contract ID and;
WHEREAS, the said Principal is required to guarantee the:
installed under said contract, against defects in materials or workmanship which may develop during the period of years beginning the date of the Acceptance Date of Warranted Work by the Obligee.
In no event shall losses paid under this bond aggregate more than the amount of the bond.
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if said Principal shall faithfully carry out and perform the said guarantee, and shall, on due notice, repair and make good at its own expense any and all defects in materials or workmanship in the said work which may develop during the period specified above or shall pay over, make good and reimburse to the said Obligee all loss and damage which said Obligee may sustain by reason of failure or default of said Principal so to do, then this obligation shall be null and void; otherwise shall remain in full force and effect.
PROVIDED HOWEVER, that in the event of any default on the part of said Principal, a written statement of the particular facts showing such default and the date thereof shall be delivered to the Surety by registered mail, promptly in any event within ten (10) days after the Obligee or his representative shall learn of such default and that no claim, suit or action by reason of any default of the Principal shall be brought hereunder after the expiration of thirty (30) days from the end of the warranty period as herein set forth.
Signed this day of 20 .
Contractor
By
Surety
By
| <local agency name> |
| LOCAL AGENCY |
File details come from the government source that posted it. Updated .