3-IFB Vol 3(2) A310-2010 Bid Bond.pdf

This is a Bid Bond document related to a 800 MHz Digital Mobile Radio System Replacement project for Madison County Transit (MCT) in Illinois. The bid bond serves as a financial guarantee accompanying the submission of a competitive sealed bid for the installation and integration of a new private DMR trunked radio system. The project requires a qualified Platinum Certified Motorola Partner to replace MCT's end-of-life EDAC system, configuring and integrating MCT-furnished equipment across the primary tower site in Edwardsville, Illinois, and two additional repeater sites within Madison County.

The bid bond document establishes the financial security and surety requirements that bidders must provide as part of their proposal submission. This bond ensures that the successful bidder will enter into the contract and provide the required performance and payment bonds. The specific bond amount, bidder information, surety company details, and execution dates would be outlined within the document to protect the public entity and ensure compliance with the invitation for bids (IFB) requirements for this locally funded project.