3-06. A310-2010-Bid Bond.pdf
PDF 137 KB Posted
- Solicitation number
- 054.27.B3
- Issued by
- Howard County, Maryland
About this file
Bid Bond Summary
This document is an AIA Document A310-2010 Bid Bond form for the Harper's Choice Middle School Chiller & Cooling Tower Replacement project issued by the Howard County Public School System, located at 10910 Clarksville Pike, Ellicott City, Maryland. The bid bond serves as a financial guarantee that a bidder will enter into a contract with the owner upon acceptance of their bid and will provide the required performance and payment bonds as specified in the contract documents. The bond protects the owner by ensuring that if the principal contractor fails to execute the contract or provide the necessary bonds, the surety will compensate the owner for the difference between the bid amount and any higher cost incurred by the owner to engage another contractor to complete the work.
The document is a template form that requires completion with specific information including the contractor's name and legal status, the surety company, the bond penalty amount in dollars, and execution signatures from both the principal and surety with appropriate seals and witness attestations. No specific pricing, set-asides, incumbent information, or other salient contract terms are detailed within this bond form itself, as it functions solely as a standardized financial instrument to accompany the bidding process for this capital improvement project in Maryland.
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Text version
Document A310
- 2010
Bid Bond
CONTRACTOR:
(Name, legal status and address)
As Principal, hereinafter called the Principal, and a corporation duly organized under the laws of the State of as Surety, hereinafter called the Surety, are held and firmly bound unto
As Obligee, hereinafter called the Obligee, in the sum of
Dollars($ ) $ ..................................................................... , for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, or heirs, executors, administrators, successors and assigns jointly and severally firmly by these presents.
OWNER
Howard County Public School System 10910 Clarksville Pike Ellicott City, MD 21042
PROJECT:
(Name, location or address, and Project number, if any)
NOW, Therefor, if the Obligee shall accept the bid of Principal and the Principal shall enter into a Contract with the Obligee in accordance with the term of such bid, and give such bond or bonds as may be specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or in the event of failure of the Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to Obligee the difference not to exceed the penalty thereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect.
(Paragraph deleted)
ADDITIONS AND DELETIONS:
The author of this document may have revised the text of the original AIA standard form. An Additions and Deletions Report that notes revisions to the standard form text is available from the author and should be reviewed. A vertical line in the left margin of this document indicates where the author has added to or deleted from the original AIA text.
This document has important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification.
Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable.
AIA Document A31 0 - 2010. Copyright© 1963, 1970 and 2010. All rights reserved. "The American Institute of Architects," "American Institute of Architects," "AIA," the AIA Logo, and "AIA Contract Documents" are trademarks of The American Institute of Architects. This document was produced at 12:34:45 EDT on
07/25/2025 under Subscription No.20250092573 which expires on 01/21/2026, is not for resale, is licensed for one-time use only, and may only be used in accordance with the AIA Contract Documents® Terms of Service. To report copyright violations, e-mail docinfo@aiacontracts.com.
User Notes: (6883b1 b058618387944f6734)
Signed and sealed this _ _ __ day of _ _ __ _ _ _
(Contractor as Principal) (Seal)
(Witness) (Title)
(Surety) (Seal)
(Witness) (Title)
AIA Document A31 0 - 2010. Copyright© 1963, 1970 and 2010. All rights reserved. "The American Institute of Architects," "American Institute of Architects," "AIA," the AIA Logo, and "AIA Contract Documents" are trademarks of The American Institute of Architects. This document was produced at 12:34:45 EDT on
07/25/2025 under Subscription No.20250092573 which expires on 01/21/2026, is not for resale, is licensed for one-time use only, and may only be used in accordance with the AIA Contract Documents® Terms of Service. To report copyright violations, e-mail docinfo@aiacontracts.com.
User Notes: (6883b1 b058618387944f6734)
File details come from the government source that posted it. Updated .