25-0718-ITB_Sample_Performance_Bond.pdf
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- Solicitation number
- 25-0718-ITB
- Issued by
- Pinellas County, Clewiston City, Florida
About this file
This document is a Performance Bond for the Lealman Residential Waste Collection and Disposal Services (Bid No. 25-0718-ITB) issued by Pinellas County Purchasing. The bond is a standard legal instrument that ensures the Principal will perform the Agreement for waste collection and disposal services according to the specified terms, including timely performance, payment of potential losses or damages, and guarantee of work and materials for the designated contract period.
The bond outlines the Principal's obligations to Pinellas County as the Obligee, including performing services as prescribed, paying any losses or damages resulting from contract defaults, and maintaining a guarantee on work and materials. The document is structured to protect the county's interests by providing financial recourse in case of non-performance, with the Surety waiving notice of any changes to the Agreement and acknowledging its qualifications and obligations. The bond is set to be executed in 2025 and follows Florida Statute Section 255.05 guidelines for statutory bonds.
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Text version
25-0718-ITB
Title: Lealman Residential Waste Collection and Disposal Services
BONDS
PINELLAS COUNTY PURCHASING ITB –PURCHASING REVISED: 06/2024
BOND NO.
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
That , as Principal, and , as Surety, Located at:
(Business Address) ( Phone Number) Are held and firmly bound unto Pinellas County, Florida, as Obligee in the sum of________________________________________________ ___________________________________________________________________________DOLLARS $ ___________________ our heirs, executors, personal representatives, successors and assigns, jointly and severally.
WHEREAS, Principal has entered into a Agreement with Obligee for Lealman Residential Waste Collection and Disposal Services, Bid No: 25-0718-ITB, which includes the solicitation specifications, the resulting contract, and AGREEMENT and EXHIBITS, which is incorporated by reference and made a part hereof, and is referred to as the Agreement.
THE CONDITIONS OF THIS BOND is that if Principal:
1. Performs the Agreement at the times and in the manner prescribed in the Agreement; and
2. Pays Obligee any and all losses, damages, costs and attorneys’ fees, including appellate proceedings, that Obligee sustains because of any default by Principal under the Agreement, including, but not limited to, all delay damages, whether liquidated or actual, incurred by Obligee; and
3. Performs the guarantee of all Work and materials furnished under the Agreement for the time specified in the Agreement; then this bond is void; otherwise it remains in full force.
Any changes in or under the Agreement and compliance or noncompliance with any formalities connected with the Agreement or the changes do not affect Surety’s obligations under this bond.
The Surety, for value received, hereby stipulates and agrees that no changes, extensions of time, alterations or additions to the terms of the Agreement or other Work to be performed hereunder, or the Specifications referred to therein shall in anyway affect its obligation under this bond, and it does hereby waive notice of any such changes, extensions of time, alterations or additions to the terms of the Agreement or to Work or to the Specifications.
This instrument shall be construed in all respects as a statutory bond. It is expressly understood the time provisions and statute of limitation under Section 255.05 Florida Statutes, shall apply to this bond.
BONDS
PINELLAS COUNTY PURCHASING ITB –PURCHASING REVISED: 06/2024
BOND NO.
By execution of this bond, the Surety acknowledges that is has read the Surety qualifications and obligations imposed by the Agreement and hereby satisfies those conditions.
IN WITNESS WHEREOF, the above bound parties have executed this instrument this ______________day of____,2025 the name of each party being affixed, and these presents duly signed by its undersigned representative, pursuant to authority of its governing body.
Signed, sealed and delivered PRINCIPAL:
In the presence of:
(Authorized Signature)
Witness as to Principal (Print Name)
Witness as to Principal (Title)
(Business Address)
STATE OF FLORIDA
COUNTY OF
The foregoing Instrument was acknowledged before me this
By Of , a Corporation, on behalf of the Corporation. He/She is personally known to me or has produced Florida
Driver’s License as identification and who did (did not) take an oath.
Notary:
Print Name:
Commission Number:
My Commission Expires:
BONDS
PINELLAS COUNTY PURCHASING ITB –PURCHASING REVISED: 06/2024
BOND NO.
SURETY:
Witness as to Surety (Authorized Signature)
Witness as to Surety (Print Name)
(Title) or (Business Address)
Witness as to Attorney In Fact (Signature As Attorney In Fact) (Attach Power of Attorney)
Witness as to Attorney In Fact (Print Name)
(Title)
(Business Address)
(Telephone Number)
STATE OF FLORIDA
COUNTY OF
The foregoing instrument was acknowledged before me this
By Of , a Corporation, on behalf of the Corporation. He/She is personally known to me or has produced Florida Driver’s License as identification and who did (did not) take an oath.
Notary:
Print Name:
Commission Number:
My Commission Expires:
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