23-Performance Bond 07.02.25.doc

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-26-00111 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")

The Hillsborough County Board of County Commissioners (County) is seeking competitive sealed bids from qualified contractors for a pavement preservation project using the cape seal at four designated locations within Hillsborough County. The specified neighborhoods and their associated pavement group ID numbers are as follows: Imperial Key (Group ID: 11680) Wyndham Lakes Drive (Group ID: 12330) Tarpon Drive (Group ID: 16180) River Close Boulevard (Group IDs: 22640 & 22660) Within these areas, there may be specific segments where minor milling and resurfacing operations will be necessary due to pavement deterioration that cannot be adequately addressed by cape seal alone. These spot treatments will ensure the overall effectiveness and longevity of the pavement preservation efforts.

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-26-00111 Cape Seal Pavement Preservation 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 - 2

(REV. 07/02/25)