13-Performance Bond.pdf
PDF 360 KB Posted
- Attached to
- 2026 Road Paving Program
- Solicitation number
- Not on record
- Issued by
- Chester County, Pennsylvania
About this file
This is a Performance Bond form document required by West Whiteland Township, located in Exton, Pennsylvania, for contractors awarded contracts related to the 2026 Road Paving Program. The performance bond must be completed and submitted by the contractor after contract award, not with the initial bid package. The bond serves as a guarantee that the principal contractor will perform all work and obligations specified in the underlying contract with the township. The document establishes a binding obligation between the contractor (Principal), a surety company authorized to conduct business in Pennsylvania, and West Whiteland Township (Obligee). The bond amount, contractor details, surety information, and execution date are to be filled in following contract award.
The performance bond protects West Whiteland Township and ensures that the contractor will fulfill all contractual obligations, including payment of all lawful claims from subcontractors, materialmen, and laborers who perform work or supply materials on the project. The surety's liability is capped at the penal amount stated in the bond, which will be determined based on the final contract award amount. The bond must be signed and witnessed by authorized representatives of both the Principal and Surety, with an attorney-in-fact signature required from the surety. This performance bond is a standard requirement for municipal construction projects and is mandatory before work can commence on the paving program.
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Text version
101 Commerce Drive Tel: (610) 363–9525 Exton, Pennsylvania 19341 www.westwhiteland.org
TO BE COMPLETED BY CONTRACTOR AFTER AWARD, DO NOT SUBMIT WITH
BID PACKAGE
Exhibit J
PERFORMANCE BOND
Know All Men by These Presents, Bond No.______
That we,__________________________________________________________________
(hereinafter called the Principal) as Principal and the ______________________________
Of______________________ , Pennsylvania, a corporation duly organized under the laws of the
State of Pennsylvania, with a physical street address of ___________________________
_______________________________________ (hereinafter called the Surety), as Surety, are held and firmly bound unto WEST WHITELAND TOWNSHIP (hereinafter called the
Obligee), in the sum of ________________________________Dollars, ( $____________) for payment of which, well and truly to be made, we hereby jointly and severally bind ourselves, our heirs, executors, administrators, successors and assigns.
Signed, sealed and dated this _______________day of_______________ , 20____ .
THE CONDITION OF THIS OBLIGATION IS SUCH: That whereas, the above named Principal did on the _________ day______ of 20__ enter into a contract with the Obligee _______________________________________________for which contract is made a part of this bond, the same as though fully set forth herein.
NOW, THEREFORE, if the above bounden Principal shall well and truly keep, do and perform each and every, all and singular, the matters and things In said contract set forth and specified to be by said Principal kept, done and performed, at the times and in the manner in said contract specified and shall pay all lawful claims of subcontractors, materialmen, laborers, persons, firms, or corporations, for labor performed or materials furnished, in the performing or completing of said contract, we agreeing and assenting that this undertaking shall be for the benefit of the Obligee, any subcontractor, materialmen, laborer, person, firm or corporation having a Just claim, subject to the Obligee's priority, then this obligation shall be void;
otherwise the same shall remain In full force and effect; It being expressly understood and agreed that the liability of the Surety for any and all claims hereunder shall in no event exceed the penal amount of this obligation as herein stated.
Principal
Witness:______________________ By:____________________________
Name:__________________________
Title:___________________________
Witness_________________________ By:_____________________________
Attorney in Fact
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