3-A-3 Bid Bond (Upload with Bid).pdf
PDF 453 KB Posted
- Attached to
- Valley Road Storm Sewer
- Solicitation number
- Not on record
- Issued by
- Lancaster County, Milroy CDP, Pennsylvania
About this file
This is a Bid Bond form for the Valley Road Storm Sewer project issued by Millersville Borough, Pennsylvania. The project involves installation of storm sewer infrastructure including 65 square yards of pavement restoration, 4 inlets, 88 linear feet of storm sewer pipe, 1 endwall, and other associated items. Sealed bids will be received online via the PennBid Program until 10:00 A.M. on February 27, 2026, with bids opening and becoming available online at that time. A prebid conference is scheduled for February 17, 2026, at 10:00 A.M. at the Millersville Borough Building, 100 Municipal Drive, Millersville, PA 17551. Millersville Borough reserves the right to hold bids for up to 60 days from the bid opening date for review and investigation of bidder qualifications prior to contract award.
Each bid submission must be accompanied by either a certified check, bank check, or Bid Bond payable to Millersville Borough in an amount equal to 10 percent of the total bid, along with a non-collusion affidavit. A performance bond in the amount of 100 percent of the contract price will be required upon award. The project is subject to prevailing wage determinations established by the Commonwealth of Pennsylvania, Department of Labor and Industry. Bidders must furnish the required performance bonds and insurance certificates within ten days of receiving notice of intention to award, and enter into the contract within ten days of receiving notice of award. Should the principal fail to meet these conditions, the surety is obligated to pay Millersville Borough the difference between the accepted bid and any higher amount required to complete the work, plus associated advertising, architectural, legal, and other expenses.
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Text version
BB-1
BID BOND
KNOW ALL PERSONS BY THESE PRESENTS, that we, ______________________
__________________________________ of ________________________________________
_______________ (hereinafter called the “Principal”), and _____________________________
_________________ a _______________ corporation authorized to transact business in
Pennsylvania, and having its principal office at _______________________________________ and whose contact person and telephone number are _________________________________ at
____________________ (hereinafter called the “Surety”) as Surety, are held and firmly bound unto MILLERSVILLE BOROUGH (hereinafter called the “Obligee”) as Obligee, in the sum of
Dollars, lawful money of the United States of America, for payment of which we bind ourselves, and each of our respective heirs, legal representatives, successors and assigns, jointly and severally, by these presents, on this ______ day of ___________________, 20____.
WHEREAS, said Principal is herewith submitting to the Obligee a bid to perform work relating to the ____________________________________________________________, Millersville Borough, Lancaster County pursuant to plans, specifications and other Bidding
Documents incorporated into said bid by reference, and it is a condition of the Obligee’s receipt and consideration of said bid that the bid be accompanied by bid security to be held by the
Obligee on terms embodied herein.
NOW THEREFORE, the condition of this obligation is that if Principal shall furnish such
Bonds as may be specified in the Bidding Documents to the Obligee within ten (10) days of the
Obligee’s delivery to the Principal of its Notice of Intention to Award, and shall enter into such contract and shall furnish insurance certificates in all respects as required by said Bidding
Documents within ten (10) days after Obligee’s delivery to Principal of its Notice of Award, then this obligation shall be void; but otherwise it shall remain in full force, and the Principal and
Surety will pay to the Obligee the difference between the amount of Principal’s accepted bid/s and any higher amount for which the Obligee may contract for the required work, plus any advertising, architects’ fees, attorneys’ fees, and other expenses incurred by the Obligee by reason of the default; provided, however, that the obligations of the Surety hereunder shall not exceed the amount of this Bid Bond together with interest. The Surety, for value received, hereby stipulates and agrees that the obligation of said surety and this Bid Bond shall in no way be impaired or affected by any extension of the time within which Obligee may accept such bid, and Surety does hereby waive notice of any such extension.
IN WITNESS WHEREOF the Principal and Surety, intending to be legally bound, have caused this bond to be executed the day and year aforementioned.
visro Text Box Valley Road Storm Sewer
BB-2
(Individual Principal)
Witnesses:
_____________________________ __________________________________(SEAL)
(Signature of Individual)
Trading and Doing Business As
(Partnership Principal)*
Witnesses: ________________________________________
(Name of Partnership)
_______________________________ By:_____________________________________
Partner
______________________________ By:_____________________________________
______________________________ By:_____________________________________
*All general partners must sign
(Corporation Principal)
(Name of Corporation)
Attest:__________________________ By:_____________________________________
(Assistant) Secretary (Vice) President
[CORPORATE SEAL]
BB-3
(Limited Liability Company Principal)**
(Name of Limited Liability Company)
Witnesses:
_________________________________ By:_____________________________________
Member
**All members must sign
(Corporation Surety)
(Name of Corporation)
Attest:________________________ ***By:__________________________________
Title Attorney-in-Fact
[CORPORATE SEAL]
***Attach an appropriate power of attorney, dated as of the same date as the Bid Bond, evidencing the authority of the Attorney-in-Fact to act on behalf of the Corporation.
File details come from the government source that posted it. Updated .