3-IFB - Bid Bond.pdf
PDF 57 KB Posted
- Attached to
- San Ildefonso 8” Waterline Replacement State and local contract opportunity
- Solicitation number
- IFB26-23
- Issued by
- Los Alamos County, New Mexico
About this file
This is a Bid Bond form issued by the County of Los Alamos Procurement Division in Los Alamos, New Mexico, for the San Ildefonso 8" Waterline Replacement project. The project involves replacing an existing 8-inch, 65-year-old cast-iron water distribution line with a new 12-inch PVC pipe. Approximately 4,800 linear feet of 12-inch AWWA C900, DR-18 Class 19 PVC pipe will be installed, along with approximately 190 linear feet of 8-inch pipe for tie-ins. The work will be conducted in a residential area with multiple road and sidewalk crossings. The bid bond serves as a guarantee that the bidder will enter into a contract with the County upon bid acceptance and will provide performance and payment bonds as specified in the solicitation documents.
The bid bond is set at five percent of the bid amount and binds the Principal (bidder), Surety, and the County of Los Alamos jointly and severally. The bond obligates the bidder to either enter into the contract with appropriate performance and payment bonds or pay the County the difference between the bidder's quoted amount and any higher amount the County must pay to secure another contractor to perform the work. The Surety waives notice of any extension of the time within which the County may accept the bid. This bond requirement ensures bidder accountability and protects the County's interests throughout the solicitation and contract award process.
View the file
Other files for this state and local contract opportunity
| File | Type | Posted |
|---|---|---|
| 2-IFB - Authorization for Verification of Information.pdf | ||
| 9-BIDDER CERTIFICATION OF BID SUBMISSION.pdf | ||
| 6-IFB - Copy of Bidders State of NM Contractors License(s).pdf | ||
| 5-IFB - Certification Regarding Debarment Suspension Form.pdf | ||
| 1-IFB26-23 San Ildefonso 8 Waterline Replacement Final Signed.pdf | ||
| 7-IFB - List of Subcontractors.pdf | ||
| 4-IFB - Campaign Contribution Form.pdf | ||
| 10-IFB Request for Preference Form.pdf | ||
| 8-IFB - Permanent Main Office Address of Company.pdf |
On GovTribe
Work with this file on GovTribe
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
1.5.4 Bid Bond
Incorporated County of Los Alamos Procurement Division
101 Camino Entrada, Building 3 Los Alamos, NM 87544
Version: 20250630
Bidder Company Name:
Solicitation No.:
Solicitation Title:
As Principal, hereinafter called the Principal or Contractor, and ______________________, a corporation duly organized and existing under and by virtue of the laws of the State of
___________________ and authorized to do business in the State of New Mexico, as Surety hereinafter called the Surety, are held and firmly bound unto the County of Los Alamos, New
Mexico, as Obligee, hereinafter called the County, in the sum of five (5%) percent of the Bid, ______________________________________________________dollars - $ __________ for the payment of which sum Principal and Surety bind themselves, their heirs, executors, and administrators, successors, and assigns, jointly and severally. The conditions of this Bond are such that whereas the Principal has submitted the accompanying Bid for the above referenced solicitation, which Bid is by reference made a part hereof and is hereinafter referred to as the Bid and, if the County shall accept the Bid of the Principal and the Principal shall enter into a Contract with the County in accordance with the terms of such a Bid, and give such bond or bonds as may be specified in the bidding or solicitation 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, and shall in all other respects perform the agreement created by the acceptance of said Bid, or in the event of the failure of the Principal to enter into such contract and give such bond and bonds, if the Principal shall pay the County the difference between the amount specified in said bid and such larger amount which the County may in good faith
Bid Bond continued 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. The Surety, for value received, hereby stipulates and agrees that the obligations of said Surety and its Bond shall be in no way Impaired or affected by any extension of the time within which the County may accept such Bid; and said
Surety does hereby waive notice of any such extension.
SIGNED AND ATTEST this ________________ day of __________________, 20____.
PRINCIPAL:
By: _________________________________________________
Print Name: __________________________________________
Title: ________________________________________________
ATTEST: ____________________________________________
SURETY:
By: _________________________________________________
Print Name: __________________________________________
Title: ________________________________________________
ATTEST: ____________________________________________
File details come from the government source that posted it. Updated .