4- 25-12_Cal883301A_&_Cal883220A_Bid-Bond_Doc_EE.pdf
PDF 229 KB Posted
- Solicitation number
- 009-RFB-WRBWL-CY25-12
- Issued by
- Calhoun County, Iowa
About this file
This is a Proposal Guarantee (Bid Bond) Document EE issued by the Iowa Department of Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality, for the Nutrient Reduction Wetland Project Construction Contract (Bid No. 25-12). The document pertains to two distinct wetland construction projects in Calhoun County, Iowa: Project Cal883301A located in Section 01, Township 88 North, Range 33 West, and Project Cal883220A located in Section 20, Township 88 North, Range 32 West. Bids must be submitted by 3:00 PM on October 8, 2025, through the Iowa Management of Procurement and Contracts System (IMPACS), with a mandatory pre-bid conference scheduled for September 23, 2025, at the Calhoun County Extension Service. The contract award and execution timeline requires the selected principal to enter into the contract and furnish a performance bond within fourteen (14) days of award approval.
The bid bond requirement is set at 10% of the proposal value, with the total estimated contract value ranging from $500,000 to $660,000 (Cal883301A: $300,000–$400,000; Cal883220A: $200,000–$260,000). The successful contractor must furnish a Performance/Payment Bond equal to 100% of the contract price and must be registered with the Iowa Department of Inspections, Appeals & Licensing. Non-Iowa corporations must provide proof of authorization to do business in the state prior to contract execution. The bid bond agreement specifies that if a proposal is rejected or if the principal fails to execute the contract or provide the required performance bond within the specified timeframe, the penal sum of the bid bond will be forfeited to the Division, with the surety's liability not exceeding the stated penal sum.
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Text version
Cal883301A & Cal883220A Nutrient Reduction Wetland Project DOCUMENT EE Bid No. 25-12 PROPOSAL GUARANTEE (BID BOND)
EE-1
State of Iowa Iowa Department of Agriculture and Land Stewardship
DIVISION OF SOIL CONSERVATION AND WATER QUALITY
KNOW ALL PERSONS BY THESE PRESENTS:
That we, of as PRINCIPAL, and of as SURETY(S), are hereby held and firmly bound unto the State of Iowa in the penal sum of
____ /100 Dollars ($ ) for the payment, whereof, the said PRINCIPAL and SURETY(S) bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
The conditions of this obligation are such that whereas the PRINCIPAL is herewith submitting to the Iowa Department of
Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality, hereinafter called the DIVISION its sealed contract for the following:
Nutrient Reduction Wetland Project Construction Contract
Section 01, Township 88 North, Range 33 West, Calhoun County, Iowa
Project ID: Cal883301A
AND
Section 20, Township 88 North, Range 32 West, Calhoun County, Iowa
Project ID: Cal883220A
Bid No. 25-12
NOW THEREFORE,
the conditions of this obligation are such that, if said proposal is rejected by the DIVISION, or if said proposal is accepted by the DIVISION and the PRINCIPAL shall enter into a contract in the form specified by the DIVISION in accordance with the terms of the Proposal and Schedule of Prices (Document CC) and shall furnish a bond for the faithful performance of said contract in the form specified by the DIVISION, this obligation shall be null and void. Otherwise, it shall remain in full force and effect.
In the event that the said proposal is accepted by the DIVISION and the PRINCIPAL fails to enter into the contract as defined herein or fails to furnish the performance bond as noted above, within fourteen (14) days of the approval of the award, the
PRINCIPAL and SURETY(S) agree to forfeit to the DIVISION the penal sum herein mentioned, it being understood that the liability of the SURETY(S) shall in no event exceed the penal sum or this obligation.
IN WITNESS WHEREOF,
the above bounden parties have executed this instrument under their several seals this day of , 20____, the name and corporate seal of each party being hereto affixed and these presents duly signed by its undersigned representative pursuant to authority of its governing body.
PRINCIPAL SURETY
By By
Print Name:
If a partnership, all partners must sign.
END OF DOCUMENT EE
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