3-06 Bond Requirement Affidavit - Required.pdf

This is a Bond Requirement Affidavit for the City of Temple, Texas, required for the Avenue A Improvements Phase I construction project. The affidavit must be completed and submitted by an insurance agent or broker on behalf of the contractor bidding on this project. The contractor must demonstrate that all bond requirements specified in the bid document have been reviewed and understood. If awarded the contract, the successful contractor must furnish valid bonds and appropriate power of attorney documentation to the City of Temple within thirty days of award notification. The project involves improvements on Avenue A from South 6th Street to the alley east of South 2nd Street, as well as improvements on 4th Street from Central Avenue to Avenue A, with work including water utilities, drainage infrastructure, pedestrian and bike mobility enhancements, landscaping, and signage. The engineer's estimate of probable cost is $1,751,425, and the contractor shall complete all work within 182 consecutive calendar days from the Notice to Proceed.

Failure to meet bond requirements will result in bid rejection, and the contract will be awarded to another contractor meeting specifications. Contractors with questions regarding bond requirements should contact the City of Temple's Risk Manager at (254) 298-5674, while questions about the bid itself should be directed to the Director of Purchasing at (254) 298-5655. The affidavit requires the agent or broker's signature, printed name, agency name, address, and telephone number, as well as the contractor's name.