26-05_Wri922420D_DocEE_Bid-Bond (UPLOAD).pdf
PDF 185 KB Posted
- Attached to
- Wir922420D 26-05 (Wright)
- Solicitation number
- 009-RFB-WRBWL_CY26-05
- Issued by
- Van Buren County, Iowa
About this file
This is a Proposal Guarantee (Bid Bond) document issued by the Iowa Department of Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality for the Nutrient Reduction Wetland Project (Project ID: Wri922420D, Bid No. 26-05) located in Wright County, Iowa. The project involves construction of a traditional breakpoint nutrient reduction wetland comprising approximately 12,950 cubic yards of earthwork, 932 square feet of steel sheetpile installation, 2,500 linear feet of tile installation, 59 linear feet of drawdown pipe, 532 tons of riprap, 106 cubic yards of concrete grout, and seeding of 26.3 acres. Bids were due July 16, 2026 at 3:00 p.m. CDT, with a mandatory pre-bid conference held on July 1, 2026 at 9:00 a.m. at the USDA Service Center in Clarion, Iowa. Construction must commence within seven days of the preconstruction meeting, with a construction deadline of June 15, 2027, buffer seeding deadline of June 30, 2027, and structure seeding deadline of September 15, 2027.
The bid bond requires a penal sum equal to 10% of the bid amount, with the estimated construction cost range between $450,000 and $550,000. The successful bidder must furnish a Performance/Payment Bond equal to 100% of the contract price within fourteen days of award approval. Bidders must be registered with the Iowa Department of Inspections, Appeals & Licensing, and non-Iowa corporations must provide proof of authorization by the Iowa Secretary of State prior to contract execution. The bond becomes null and void if the proposal is rejected or if the principal enters into the contract and furnishes the required performance bond as specified by the Division; otherwise, the principal and surety agree to forfeit the penal sum if the principal fails to enter into the contract or furnish the performance bond within the specified timeframe.
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Text version
Wri922420D Nutrient Reduction Wetland Project DOCUMENT EE Bid No. 26-05 PROPOSAL GUARANTEE (BID BOND)
EE-1
State of Iowa Iowa Department of Agriculture and Land Stewardship
DIVISION OF SOIL CONSERVATION AND WATER QUALITY
KNOW ALL PERSONS BY THESE PRESENTS:
That we, of as PRINCIPAL, and of as SURETY(S), are hereby held and firmly bound unto the State of Iowa in the penal sum of
______ /100 Dollars ($ . ) for the payment, whereof, the said PRINCIPAL and SURETY(S) bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
The conditions of this obligation are such that whereas the PRINCIPAL is herewith submitting to the Iowa Department of Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality, hereinafter called the DIVISION its sealed contract for the following:
Nutrient Reduction Wetland Project Section 20, Township 92 North, Range 24 West, Wright County, Iowa Project ID: Wri922420D Bid No. 26-05
NOW THEREFORE,
the conditions of this obligation are such that, if said proposal is rejected by the DIVISION, or if said proposal is accepted by the DIVISION and the PRINCIPAL shall enter into a contract in the form specified by the DIVISION in accordance with the terms of the Proposal and Schedule of Prices (Document CC) and shall furnish a bond for the faithful performance of said contract in the form specified by the DIVISION, this obligation shall be null and void. Otherwise, it shall remain in full force and effect.
In the event that the said proposal is accepted by the DIVISION and the PRINCIPAL fails to enter into the contract as defined herein or fails to furnish the performance bond as noted above, within fourteen (14) days of the approval of the award, the PRINCIPAL and SURETY(S) agree to forfeit to the DIVISION the penal sum herein mentioned, it being understood that the liability of the SURETY(S) shall in no event exceed the penal sum or this obligation.
IN WITNESS WHEREOF,
the above bounden parties have executed this instrument under their several seals this day of , 20_______, the name and corporate seal of each party being hereto affixed and these presents duly signed by its undersigned representative pursuant to authority of its governing body.
PRINCIPAL SURETY
By By
Print Name:
If a partnership, all partners must sign.
END OF DOCUMENT EE
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