21-Doc 00 61 19 - Maintenance Bond.pdf
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- Attached to
- 2500999 - Canterbury Storm Sewer Replacement State and local contract opportunity
- Solicitation number
- Not on record
- Issued by
- Montgomery County, Mount Aetna CDP, Pennsylvania
About this file
This is a Maintenance Bond document related to CONTRACT 2025-00999 for Canterbury Storm Sewer Replacement, a capital infrastructure project managed by Montgomery Township in Pennsylvania. The project involves the removal and replacement of approximately 1,800 feet of storm sewer on Canterbury Lane and Devonshire Drive, including removal of corrugated metal pipe ranging from 12 inches to 57 inches by 38 inches in diameter, installation of new circular HDPE pipe and elliptical RCP storm sewer, replacement of three precast concrete storm sewer structures, and restoration of concrete curb, sidewalk, driveway apron, and asphalt roadway. Sealed bids will be accepted online through the PennBid Program until 10:00 A.M. on September 1, 2026, with public opening and reading at Montgomery Township offices located at 1001 Stump Road, Montgomeryville, PA 18936. No pre-bid meeting will be held for this project.
Bid security in the amount of not less than ten percent (10%) of the bid amount is required, payable to Montgomery Township, along with an Agreement of Surety certifying that Performance and Payment Bonds will be provided. A nominal PennBid administrative fee of 0.33% of the bid amount (minimum $150, maximum $6,000) applies only to awarded bidders. The project is subject to Pennsylvania's Act 422 Prevailing Wage Act and Act 127 Public Works Employment Verification requirements. Bids may be withdrawn within two business days after bid opening. All solicitation documents and details are available at no cost through PennBid at https://pennbid.bonfirehub.com/.
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Text version
MAINTENANCE BOND
00 61 19-1
DOCUMENT 00 61 19
KNOW ALL MEN BY THESE PRESENTS, that We, hereinafter called the "Principal" and hereinafter called the "Surety" are held and firmly bound unto hereinafter called the “Obligee” in the sum of Dollars ($ ), 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 an
Agreement with said Obligee dated________________________, 20___ for Contract 2025-00999:
Montgomery Township – Canterbury Storm Sewer Replacement, and;
WHEREAS, the said Agreement provides that the said Principal is required to furnish the said Obligee with a Maintenance Bond for 15% of the Agreement price, indemnifying the said Obligee against defects in materials or workmanship for a period of eighteen (18) month(s) after final completion and acceptance of the Work.
NOW, THEREFORE, the condition of this obligation is such, that if the 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 said maintenance period 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.
00 61 19-2
Any action filed under the bond must be commenced in the Montgomery County Court of Common Pleas or the United States District Court for the Eastern District of Pennsylvania. This is a legal requirement and not subject to negotiation or change.
Signed and sealed this___________ day of__________________, 20___.
CONTRACTOR AS PRINCIPAL SURETY
Company: Company:
Signature: Signature:
Name and Title: Name and Title:
(Corp. Seal) (Corp. Seal)
NOTE: This statement, if executed by any person other than the President or Vice President of the
Surety Company, must be accompanied by a current and effective certificate showing authority conferred upon the person so signing to execute such instruments on behalf of the Surety Company represented.
END OF DOCUMENT
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