25-021 IFB Exhibit B.docx
DOCX document 15 KB Posted
- Attached to
- Jackson Creek Forest Restoration Project State and local contract opportunity
- Solicitation number
- 021-25
- Issued by
- Eagle County, Colorado
About this file
This document is a Bid Bond for the Jackson Creek Forest Restoration Project, issued by Douglas County, Colorado. The project involves forest restoration services with an initial contract period of 16 months, spanning from approximately September 1, 2025, to December 31, 2026. The Department of Open Space and Natural Resources is seeking bids from qualified contractors to execute the project, with the contract contingent upon annual funding appropriation and the county's satisfaction with services rendered.
The bid requires a bid guarantee of 5% of the total bid price, which must be submitted with the proposal. The contract's funding is subject to annual budget appropriation, and the agreement can be extended based on performance and available funding. Pricing is to remain firm and fixed throughout the initial contract period, with the county reserving the right to award the contract based on its evaluation of submitted bids and contractor qualifications. The project's continuation is explicitly tied to the successful annual appropriation of funds and the county's assessment of the contractor's performance in the preceding contract period.
View the file
Other files for this state and local contract opportunity
| File | Type | Posted |
|---|---|---|
| 25-021 IFB Exhibit A.docx | DOCX document | |
| 25-021 IFB Jackson Creek Forest Restoration.pdf | ||
| 25-021 IFB Exhibit C.docx | DOCX document |
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Text version
INVITATION FOR BID (IFB)
#021-25
JACKSON CREEK FOREST RESTORATION PROJECT
BID BOND
KNOW ALL MEN BY THESE PRESENTS THAT
OF , AS PRINCIPAL, AND
, A DULY ORGANIZED UNDER THE LAWS OF THE STATE OF,
AND AUTHORIZED TO TRANSACT BUSINESS IN THE STATE OF COLORADO, AS SURETY, ARE HELD AND
FIRMLY BOUND UNTO DOUGLAS COUNTY, COLORADO, AS OBLIGEE, IN THE FULL AND JUST SUM OF
FIVE PERCENT (5%) OF THE PRINCIPALS TOTAL BID PRICE, LAWFUL MONEY OF THE UNITED STATES, FOR THE PAYMENT OF WHICH SUM, WELL AND TRULY TO BE MADE, THE PRINCIPAL AND THE
SURETY BIND OURSELVES, OUR HEIRS, EXECUTORS, ADMINISTRATORS, SUCCESSORS AND ASSIGNS, JOINTLY AND SEVERALLY, FIRMLY BY THESE PRESENTS.
WHEREAS, the said Principal is herewith submitting its bid for the Jackson Creek Forest Restoration Project; and
WHEREAS, the Obligee has required that the said bid be accompanied by a Bid Guarantee in an amount not less than five percent (5%) of the Principals total bid price in fulfillment of which requirement this Bid Bond is made, executed and delivered.
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION is such that if the aforesaid Principal shall be awarded the Contract, the said Principal will, within the time required, enter into a formal contract and give a good and sufficient bond to secure the performance of the terms and conditions of the Contract, and for the prompt payment of the labor and material furnished in the prosecution thereof, then this obligation is to be void; otherwise the Principal and Surety will pay unto the Obligee the difference in money between the amount of the bid of the said Principal and the amount for which the Obligee legally contracts with another party to perform the work if the latter amount would be in excess of the former; in no event shall the Suretys liability exceed the penal sum thereof. The Surety, for value received, hereby stipulates and agrees that the obligation of said Surety and its bond shall in no way be impaired or affected by any extension of the time within which the Obligee may accept such bid and said Surety does hereby waive notice of any such extension.
Signed, sealed, and delivered this day of , 2025.
SEAL
Witness to the Principal:
SEAL
This Bond must be accompanied by a Power of Attorney
File details come from the government source that posted it. Updated .