1412223678 Appendix C - JEA Bid Bond.pdf

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Attached to
Circuit 680 UG Cable Replacement Construction Services
Solicitation number
1412223678
Issued by
Duval County, Florida

About this file

This is a Bid Bond form required by the Jacksonville Electric Authority (JEA), a municipal utility of the City of Jacksonville, Florida, for construction services related to the Circuit 680 UG Cable Replacement project. The solicitation seeks a contractor to replace approximately 1,200 feet of 69 kV underground cable originating from the Dillion Substation, with work occurring within the substation, generation facility, and City of Jacksonville right-of-way along Talleyrand Avenue and Wigmore Street. The scope of work includes installation of open-cut, concrete-encased duct bank; installation of HDD duct bank; pulling and installation of 69 kV EPR cable; modifications to overhead transmission riser poles and substation termination structures; removal of existing direct-buried 69 kV cable; site restoration; and traffic maintenance. A mandatory pre-response meeting is scheduled for October 5, 2026, with solicitation responses due on October 27, 2026.

The Bid Bond must be submitted with the bid as a guaranty that the successful principal will enter into a written contract with JEA and furnish a Florida Statutes Section 255.05 Contract Bond within ten consecutive calendar days after written notice of acceptance. The bond amount and contract bond amount are to be specified by JEA. Failure to execute the contract and provide the required performance bond within the specified timeframe will result in the bid bond amount being due and payable to JEA as liquidated damages. The bond requires execution by the principal company and a surety company authorized to conduct business in Florida, with countersignature by a resident agent.

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Text version

BID BOND

STATE OF FLORIDA

COUNTY OF:

KNOW ALL PERSONS BY THESE PRESENTS, That we,_____________________________________ (hereinafter called "Principal"), and _______________________________ as Surety (hereinafter called "Surety"), are held and firmly bound unto the JEA of the City of Jacksonville, Florida (hereinafter called the "JEA"), in the sum of $___________, lawful money of the United States of America, for the payment which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally, firmly by these presents:

WHEREAS, the Principal contemplates submitting or has submitted a Bid to the JEA for:

WHEREAS, it was a condition precedent to the submission of said Bid that a certified check or Bid Bond in the amount of be submitted with said Bid as a guaranty that the Principal would, if awarded the contract, enter into a written contract with the JEA and furnish a Section 255.05 Florida Statutes Contract Bond in an amount equal to for the performance of said contract, within ten consecutive calendar days after written notice being given of acceptance by the

JEA.

NOW, THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that if the Bid of the Principal herein be accepted and said Principal, within ten consecutive calendar days after written notice being given of such acceptance, enters into a written contract with the JEA, and furnishes a Section 255.05, Florida Statutes Contract Bond in an amount equal to satisfactory to the JEA, then this obligation shall be void; otherwise, the sum herein stated shall be due and payable to the JEA, and the Surety herein agrees to pay said sum immediately upon demand of said JEA, in good and lawful money of the United States of America; as liquidated damages for failure thereof of said Principal.

IN WITNESS WHEREOF, the said Principal and the said Surety have duly executed this bond the ______ day of ___________________________, 20____.

ATTEST:

(Principal Company Name) Signature Signature Type/Print Name Type/Print Name

Signature Title

AS PRINCIPAL

Type/Print Name

Signed, Sealed and Delivered in the Presence of:

(Surety Company Name)

Signature Signature Type/Print Name Type/Print Name Signature Title

AS SURETY

Type/Print Name

Name of Agent: ____________________________________

Address: ____________________________________

Countersigned:

By_______________________________________ Resident Agent State of Florida

Name of Firm: ____________________________ Form Approved:

Address: ____________________________

Assistant General Counsel

BIDBOND.DOC Page 2

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