24-File F- BID GUARANTEE CONSTRUCTION.pdf

PDF 165 KB Posted

Attached to
BID #2026-038-W/S BEACH HAVEN WEST SANITARY SEWER REPLACEMENT-PHASE 8
Solicitation number
2026-038-WS
Issued by
Ocean County, New Jersey

About this file

This is a Bid Guarantee form from Stafford Township, New Jersey, establishing the security requirements for bidders submitting proposals for the Beach Haven West Sanitary Sewer Replacement-Phase 8 project. The project involves the removal and replacement of existing sanitary sewer mains across multiple streets including Mill Creek Road, Mary Alice Road, Budd Drive, Gregg Drive, and Jonathan Drive. Bidders are required to submit bid security in one of three forms: a surety bid bond, a certified or treasurer's check, or cash, with the amount to be specified and made payable to the Township of Stafford.

The form establishes that failure to provide both the required PDF upload and verifiable security—either electronic verifiable bid bond with consent of surety, original hard copy bid bond with consent of surety, or physical check—by the designated date and time will render the bid proposal unresponsive and constitute a fatal defect under N.J.S.A. 40A:11-23.2. If a bid is accepted and the bidder subsequently fails to execute and deliver the contract and required performance bond within the specified timeframe, the bid security will be forfeited and retained by the Owner as liquidated damages. The bidder must also identify their business entity type (individual, partnership, or corporation) and provide principal office location information.

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Text version

STAFFORD TOWNSHIP

BID GUARANTEE

This Proposal is accompanied by bid security in accordance with the conditions state in the Invitation to Bid. The bid security is in the form of:

A. Surety Bid Bond ________________________ B. Certified/Treasurer’s check ________________________ C. Cash ________________________

The amount of ________________________________________________ ($____________________)

Payable to: Township of Stafford

The Bidder hereby agrees that if this Proposal shall be accepted by the Owner and the Bidder shall fail to execute and deliver the Contract and the required Performance Bond or other required documents in accordance with the requirements of this Proposal and other sections of the Contract Documents within the time specified, then the Bidder shall be deemed to have abandoned the Contract and thereupon the Proposal and acceptance shall be null and void and the security accompanying the Proposal shall be forfeited to an retained by the Owner, as liquidated damages for such failure or neglect, and to indemnify the Owner for any loss which may be sustained by failure of the Bidder to execute the Contract and furnish documents as aforesaid.

In compliance with the Laws of the State the Bidder is:

An individual_________ A Partnership_________ A Corporation_________ of ______________________________________________________________having principal offices at nreid Typewritten Text nreid Typewritten Text PER THE NOTICE TO BIDDERS - Failure to provide both the required PDF upload and verifiable security (either electronic verifiable bid bond and consent of surety OR original hard copy of the bid bond and consent of surety OR physical check) on or before the date/time as designated in the notice to bidders will render the bid proposal as unresponsive and shall be deemed a fatal defect pursuant to N.J.S.A. 40A:11-23.2.

nreid Typewritten Text nreid Typewritten Text nreid Typewritten Text nreid Typewritten Text nreid Typewritten Text nreid Typewritten Text

B CertifiedTreasurers check:
1:
2:
The amount of:
undefined:
of:
undefined_2:
Check Box11:
0: Off
1: Off
2: Off

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