19-IFB-26-00075 Performance Bond.doc

DOC document 43 KB Posted

Attached to
LED Sports Lighting Retrofit & Installation Term Contract B
Solicitation number
IFB-26-00075
Issued by
Hillsborough County, Florida

About this file

This is a Performance Bond document for IFB-26-00075, a LED Sports Lighting Retrofit & Installation Term Contract B issued by the Hillsborough County Board of County Commissioners in Florida. The contract involves the retrofit of existing metal halide sports lighting systems to LED or the installation of new LED sports lighting systems at various Hillsborough County athletic ballfields and play courts. Work scope includes retrofit or installation of LED sports lighting luminaires, sports lighting poles, sports lighting control systems, electrical distribution components, and supplemental electrical grounding and lightning protection. The contract is structured as a four-year term agreement with an estimated project value of $8,000,000.00, with funding allocated among awarded firms based on the bid document terms.

The Performance Bond document establishes the financial guarantee requirements for contractors bidding on this opportunity. The bond obligates the contractor and surety to ensure performance of contract work in accordance with specifications, timely completion, payment of all losses and damages including delay damages and attorney fees resulting from contractor default, and guarantee of all work and materials furnished. The surety's liability is capped at the performance bond penalty amount regardless of the number of claims. The bond document includes standard notarization and attestation requirements for both principal contractor and surety signatures, with provisions for surety countersignature by an authorized agent if applicable.

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Text version

BOND NO._________________

PERFORMANCE BOND

Contractor Name

Contractor Principal Business Address

Contractor Telephone No.

Surety Name

Surety Principal Business Address

Surety Telephone No

Owner of Property Being Improved:

Hillsborough County Board of County Commissioners

Attn: Procurement Services Department

P.O. Box 1110

Tampa, FL 33601

Telephone No.

(813) 272 - 5790

Contracting Public Entity (if different from Owner)

(N/A)

Contract Number Assigned by Public Entity (BOCC No.)

(Bid No.)

IFB-26-00075

Description of Project (including if applicable, a legal description and the street address of the property being improved and a general description of the improvement):

[ ] See Attachment ("Legal Description")

It is anticipated that the work to be performed under this Term Contract will be for the retrofit of existing metal halide sports lighting systems to LED or the installation of new LED sports lighting systems at any of Hillsborough County’s various athletic ballfields and play courts that meets technical specifications. The work may include but will not be limited to the following types of work: - Retrofit or installation of LED sports lighting luminaires. - Retrofit or installation of sports lighting poles. - Retrofit or installation of sports lighting control systems. - Installation or replacement of electrical distribution components. - Installation of supplemental electrical grounding and lightning protection.

BOND NO._________________

PERFORMANCE BOND

I. KNOW ALL PERSONS BY THESE PRESENTS: That as Principal, and

, as Surety, located at

(Business Address) are held and firmly bound unto the Board of County Commissioners, Hillsborough County, Florida, as Obligee in the sum of $ for the payment whereof we bind ourselves, our heirs, executors, personal representatives, successors and assigns, jointly and severally, firmly by these presents.

II. WHEREAS, Principal has entered into a contract dated the day of

, 20 , with Obligee for IFB-26-00075 LED Sports Lighting Retrofit & Installation Term Contract B in accordance with drawings and specifications, which contract is by reference made a part hereof, and is hereinafter referred to as the Contract.

III. THE CONDITION OF THIS BOND is that if Principal:

1.

Performs the contract at the times and in the manner prescribed in the contract, and

2.

Pays Obligee any and all losses, damages, including delay damages, costs and attorneys fees that Obligee sustains because of any default by Principal under the contract, and

3.

Performs the guarantee of all work and materials furnished under the contract applicable to the work and materials, then this bond is void; otherwise it remains in full force.

The Surety, for value received, hereby stipulates and agrees that no changes, extensions of time, alterations or additions to the terms of the Contract or other work to be performed hereunder, or the specifications referred to therein shall in anywise affect its obligation under this bond, and it does hereby waive notice of any such changes, extension of time, alterations or additions to the terms of the Contract or to work or to the specifications.

In no event shall the Surety be liable in the aggregate to Obligee for more than the penalty of its Performance Bond regardless of the number of suits that may be filed by Obligee.

THIS BOND DATED THIS day of , 20 .

ATTEST:

PRINCIPAL:

BY:________________________________________(SEAL)

Witness

Authorized Signature (Principal)

Printed Name

Title of Person Signing Above

-OR-

BY:_______________________________________(SEAL)

As Attorney in Fact (Attach Power)

Business Address

Business Telephone

STATE OF _______________________)

COUNTY OF ______________________)

The foregoing instrument was acknowledged before me by means of ( physical presence or ( online notarization this day of

, 20 , by ________________________________________ as

(Name of person) ________________________________ 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 ______________________

ATTEST:

SURETY:_______________________________________

(Printed Name)

Business Address

BY:_________________________________(SEAL)

Authorized Signature

-OR-

BY:_____________________________________(SEAL)

As Attorney in Fact (Attach Power)

COUNTERSIGNED (if applicable):

Agent's License No.

Signed

Agency Name

Agent's License No. Phone

Agency Mailing Address

Agency Telephone No.

Agency Fax No.

STATE OF _______________________)

COUNTY OF ______________________)

The foregoing instrument was acknowledged before me by means of ( physical presence or ( online notarization this day of

, 20 , by ________________________________________ as

(Name of person)

________________________________ for _______________________________________________________.

(ie. Officer, attorney in fact)

(Name of party on behalf of whom instrument was executed.)

(Signature of Notary Public) Personally Known OR Produced Identification

(Print, Type, or Stamp Name of Notary Public) Type of Identification Produced ______________________

Performance Bond

PFB - 1

(REV. 07/02/25)

File details come from the government source that posted it. Updated .