28-Performance Bond.doc
DOC document 42 KB Posted
- Solicitation number
- IFB-26-00413
- Issued by
- Hillsborough County, Florida
About this file
This is a Performance Bond document related to the Hillsborough County Board of County Commissioners' competitive sealed bid solicitation for the rehabilitation of Bridge #105504 located on Columbus Drive over the Hillsborough River in Florida. The project involves painting and miscellaneous improvements to this 100-year-old swing bridge, including truss member repairs and installation of a swing-span stop assembly. The performance bond serves as a financial guarantee that the selected contractor will complete the project according to the specifications and requirements outlined in the contract documents. The bond protects the County from potential losses due to contractor default or failure to perform the contracted work.
The performance bond requirement ensures financial security for the project and demonstrates contractor capacity to fulfill contractual obligations. As part of the solicitation requirements, bidders must provide the performance bond as a condition of contract award. The Small Business Enterprise (SBE) participation goal established for this contract is zero percent, indicating no mandatory subcontracting requirements for disadvantaged business enterprises. The bond amount and specific terms would typically be detailed in the contract documents and would reflect the total project cost to ensure adequate coverage of all contracted services and materials.
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Text version
BOND NO._________________
PERFORMANCE BOND
Contractor Name
Contractor Principal Business Address
Contractor Telephone No.
Surety Name
Surety Principal Business Address
Surety Telephone No
Owner of Property Being Improved:
Hillsborough County Board of County Commissioners
Attn: Procurement Services Department
P.O. Box 1110
Tampa, FL 33601
Telephone No.
(813) 272 - 5790
Contracting Public Entity (if different from Owner)
(N/A)
Contract Number Assigned by Public Entity (BOCC No.)
(Bid No.) IFB-26-00413
Description of Project (including if applicable, a legal description and the street address of the property being improved and a general description of the improvement):
[ ] See Attachment ("Legal Description")
The Hillsborough County Board of County Commissioners (County) is requesting competitive sealed bids for the rehabilitation of Bridge #105504 located on Columbus Drive over the Hillsborough River. This 100-year-old swing bridge will undergo painting and miscellaneous improvements including truss member repairs, installation of a swing-span stop assembly, etc.
BOND NO._________________
PERFORMANCE BOND
I. KNOW ALL PERSONS BY THESE PRESENTS: That as Principal, and
, as Surety, located at
(Business Address) are held and firmly bound unto the Board of County Commissioners, Hillsborough County, Florida, as Obligee in the sum of $ for the payment whereof we bind ourselves, our heirs, executors, personal representatives, successors and assigns, jointly and severally, firmly by these presents.
II. WHEREAS, Principal has entered into a contract dated the day of
, 20 , with Obligee for IFB-26-00413 Columbus Drive #105504 Bridge Painting and Repair in accordance with drawings and specifications, which contract is by reference made a part hereof, and is hereinafter referred to as the Contract.
III. THE CONDITION OF THIS BOND is that if Principal:
1.
Performs the contract at the times and in the manner prescribed in the contract, and
2.
Pays Obligee any and all losses, damages, including delay damages, costs and attorneys fees that Obligee sustains because of any default by Principal under the contract, and
3.
Performs the guarantee of all work and materials furnished under the contract applicable to the work and materials, then this bond is void; otherwise it remains in full force.
The Surety, for value received, hereby stipulates and agrees that no changes, extensions of time, alterations or additions to the terms of the Contract or other work to be performed hereunder, or the specifications referred to therein shall in anywise affect its obligation under this bond, and it does hereby waive notice of any such changes, extension of time, alterations or additions to the terms of the Contract or to work or to the specifications.
In no event shall the Surety be liable in the aggregate to Obligee for more than the penalty of its Performance Bond regardless of the number of suits that may be filed by Obligee.
THIS BOND DATED THIS day of , 20 .
ATTEST:
PRINCIPAL:
BY:________________________________________(SEAL)
Witness
Authorized Signature (Principal)
Printed Name
Title of Person Signing Above
-OR-
BY:_______________________________________(SEAL)
As Attorney in Fact (Attach Power)
Business Address
Business Telephone
STATE OF _______________________)
COUNTY OF ______________________)
The foregoing instrument was acknowledged before me by means of ( physical presence or ( online notarization this day of
, 20 , by ________________________________________ as
(Name of person) ________________________________ for _______________________________________________________.
(ie. Officer, attorney in fact)
(Name of party on behalf of whom instrument was executed.)
(Signature of Notary Public) (Print, Type, or Stamp Name of Notary Public) Personally Known OR Produced Identification Type of Identification Produced ______________________
ATTEST:
SURETY:_______________________________________
(Printed Name)
Business Address
BY:_________________________________(SEAL)
Authorized Signature
-OR-
BY:_____________________________________(SEAL)
As Attorney in Fact (Attach Power)
COUNTERSIGNED (if applicable):
Agent's License No.
Signed
Agency Name
Agent's License No. Phone
Agency Mailing Address
Agency Telephone No.
Agency Fax No.
STATE OF _______________________)
COUNTY OF ______________________)
The foregoing instrument was acknowledged before me by means of ( physical presence or ( online notarization this day of
, 20 , by ________________________________________ as
(Name of person)
________________________________ for _______________________________________________________.
(ie. Officer, attorney in fact)
(Name of party on behalf of whom instrument was executed.)
(Signature of Notary Public) Personally Known OR Produced Identification
(Print, Type, or Stamp Name of Notary Public) Type of Identification Produced ______________________
Performance Bond
PFB - 1
(REV. 07/02/25)
File details come from the government source that posted it. Updated .