26-31_Exhibit_6_Public_Construction_Bond.pdf
PDF 257 KB Posted
- Attached to
- City of Bartow Holiday Lighting Project
- Solicitation number
- 26-31
- Issued by
- Bay County, Florida
About this file
Exhibit 6 is a Public Construction Bond template document prepared for the Bay County Board of County Commissioners in Florida for the McKenzie Boat Ramp Project (ITB 26-31). The bond establishes the contractual obligations between the Principal (contractor), Surety (bonding company), and the Owner (Bay County) for construction work at the McKenzie boat ramp located at 1501 McKenzie Road, Panama City, Florida. The bond requires the Principal to perform all contract work according to specifications and timelines, promptly pay all suppliers and subcontractors providing labor, materials, and supplies, and indemnify the Owner for any losses, damages, expenses, costs, and attorney's fees resulting from contract default. The document includes provisions for performance guarantees on all work and materials for the period specified in the underlying construction contract and establishes compliance with Florida Statutes Section 255.05 regarding claimant payments and notice requirements.
The bond document incorporates three supplementary forms: a Notice of Contest of Claim Against Payment Bond, which provides a 60-day litigation window following service of notice; a Waiver of Right to Claim Against the Payment Bond for both progress and final payments; and a Final Lien Release and Waiver of Claims executed before a notary public. These forms enable contractors and vendors to waive lien rights upon receipt of progress and final payments while acknowledging that final payment represents full compensation for all labor, materials, and services. The Final Lien Release requires the contractor to warrant that all subcontractors, laborers, material suppliers, and vendors have been paid in full and obligates the contractor to comply with hold harmless and indemnification provisions contained within the underlying construction contract. No specific bond amount, contract price, or project cost is identified in this template exhibit.
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Text version
EXHIBIT 6
PUBLIC CONSTRUCTION BOND
Bond No. (enter bond number)
BY THIS BOND, We , as Principal and , a corporation, as Surety, are bound to the Bay County Board of County Commissioner, Bay County, FL, herein called Owner, in the sum of $ , for payment of which we bind ourselves, our heirs, personal representatives, successors, and assigns, jointly and severally.
THE CONDITION OF THIS BOND is that if Principal:
1. Performs the contract dated , , between Principal and Owner for construction of , the contract being made a part of this bond by reference, at the times and in the manner prescribed in the contract; and
2. Promptly makes payments to all claimants, as defined in Section 255.05(1), Florida Statutes, supplying Principal with labor, materials, or supplies, used directly or indirectly by Principal in the prosecution of the work provided for in the contract; and
3. Pays Owner all losses, damages, expenses, costs, and attorney’s fees, including appellate proceedings, that Owner sustains because of a default by Principal under the contract; and
4. Performs the guarantee of all work and materials furnished under the contract for the time specified in the contract, then this bond is void; otherwise it remains in full force.
Any action instituted by a claimant under this bond for payment must be in accordance with the notice and time limitation provisions in Section 255.05(2), Florida Statutes.
Any changes in or under the contract documents and compliance or noncompliance with any formalities connected with the contract or the changes does not affect Surety’s obligation under this bond.
DATED ON ,
(Name of Principal)
By (As Attorney in Fact)
(Name of Surety)
ITB 26-31 McKenzie Boat Ramp Project 74 of 84 http://www.leg.state.fl.us/STATUTES/index.cfm?App_mode=Display_Statute&Search_String=&URL=0200-0299/0255/Sections/0255.05.html http://www.leg.state.fl.us/STATUTES/index.cfm?App_mode=Display_Statute&Search_String=&URL=0200-0299/0255/Sections/0255.05.html
NOTICE OF CONTEST OF CLAIM
AGAINST PAYMENT BOND
To: (Name and address of claimant)
You are notified that the undersigned contests your notice of nonpayment, dated , , and served on the undersigned on , , and that the time within which you may file suit to enforce your claim is limited to 60 days after the date of service of this notice.
Vendor:
By:
Printed Name:
Title:
Date:
ITB 26-31 McKenzie Boat Ramp Project 75 of 84
WAIVER OF RIGHT TO CLAIM
AGAINST THE PAYMENT BOND
(PROGRESS PAYMENT)
The undersigned, in consideration of the sum of $ , hereby waives its right to claim against the payment bond for labor, services, or materials furnished through (insert date) to (insert the name of Vendor) on the job of Bay County Board of County Commissioners, for improvements to the following described project:
(Project Name)
This waiver does not cover any retention or any labor, services, or materials furnished after the date specified.
ITB 26-31 McKenzie Boat Ramp Project 76 of 84
WAIVER OF RIGHT TO CLAIM
AGAINST THE PAYMENT BOND
(FINAL PAYMENT)
The undersigned, in consideration of the final payment in the amount of $ , hereby waives its right to claim against the payment bond for labor, services, or materials furnished to (insert the name of Vendor) on the job of Bay County Board of County Commissioners for improvements to the following described project:
26-31 McKenzie Boat Ramp Project (Project Name)
ITB 26-31 McKenzie Boat Ramp Project 77 of 84
FINAL LIEN RELEASE
FINAL WAIVER OF CLAIMS AND LIENS AND RELEASE OF RIGHTS
Project Name: McKenzie Boat Ramp Project
Date: _______________________________________ Contract Price: ___________________
Purchase Order Number: ___________
The undersigned hereby acknowledges that the above Balance Due when paid represents payment in full for all labor, materials, etc., furnished by the below named Contractor or Vendor in connection with its work on the above Project in accordance with the Contract.
The Contractors warrants that they have already paid or will use final funds received from Final payment to promptly pay in full all laborers, materials, suppliers, subcontractors and etc., for all work to the above referenced project.
By signing and accepting Final payment the contractor agrees to the Hold harmless and Indemnification Agreement and Duty to Pay Defense Costs and Expenses as per the contract.
CONTRACTOR
By:
(Authorized Representative)
Its:
State of ___________ County of _________
This Contract was acknowledged and subscribed before me the undersigned notary this ______ day of ________________________, 2026 , by __________________________ ____________, as _________________________________ of ____________________ ____________and with proper authority, and who is personally known by me or produced identification of .
Notary Public
ITB 26-31 McKenzie Boat Ramp Project 78 of 84
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