4-Bid Bond.docx
DOCX document 27 KB Posted
- Attached to
- IRON BRIDGE PUMP STATION REHABILITATION
- Solicitation number
- CIZ-DWU 25 523
- Issued by
- Uvalde County, Texas
About this file
This is a bid bond form issued by the City of Dallas, Texas, for a state and local contract opportunity related to the Iron Bridge Pump Station Rehabilitation project located in Wills Point, Texas. The bid bond requires principals submitting proposals to provide a surety bond in the penal sum of five percent of the greatest amount bid. The form establishes the conditions under which the principal and surety are bound to the City of Dallas as obligee, contingent upon the principal's execution of the contract and provision of performance and payment bonds within the required timeframe upon award. Failure to meet these conditions results in forfeiture of the full penal sum as liquidated damages.
The bid bond form requires bidders to provide specific information regardless of whether the information appears elsewhere in their bid submission, including the complete name and address of the surety company for performance and payment bonds, the name of the attorney-in-fact of the surety company, and the name and street address of the resident agent of the surety company in Dallas County, Texas. Venue for any legal action arising from the bond is exclusively limited to Dallas County, Texas. A certified copy of the surety's power of attorney must be attached to the bid bond unless previously filed with the City Secretary. The form must be completed, signed, sealed, and dated by both the principal and surety prior to bid submission.
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Other files
| File | Type | Posted |
|---|---|---|
| 18-25 523 SPECIFICATIONS VOLUME 3 OF 4.pdf | ||
| 17-25 523 SPECIFICATIONS VOLUME 2 OF 4.pdf | ||
| 10-BEH-FRM-602.SAW.pdf | ||
| 2-BDPS-FORM-146 Non Disclosure Statement City of Dallas.doc | DOC document | |
| 3-BID-FRM-216 Change of MWBE Subcontractor Form.pdf | ||
| 13-BEH-FRM-607.SAW.pdf | ||
| 11-BEH-FRM-603.SAW.xlsx | XLSX spreadsheet | |
| 12-BEH-FRM-604.SAW.pdf | ||
| 1-Acknowledgement of Addendum.docx | DOCX document | |
| 7-Experience Record.pdf | ||
| 5-Bidders Affidavit.docx | DOCX document | |
| 19-25 523 DRAWINGS VOLUME 4 OF 4.pdf | ||
| 20-25 523 Bid Proposal Spreadsheet.xlsx | XLSX spreadsheet | |
| 21-25 523 SPECIFICATIONS VOLUME 1 OF 4.pdf | ||
| 9-OPS-FRM-640 -Team Make-Up and Local Workforce Form.xlsx | XLSX spreadsheet | |
| 8-Form 25 Cement Preference Certification.pdf | ||
| 15-BEH-FRM-610.SAW.pdf | ||
| 16-Bid Proposal Submittal Form.pdf | ||
| 14-BEH-FRM-609.SAW.pdf | ||
| 6-Environmental Record Affidavit.pdf |
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Text version
BID BOND
| THE STATE OF TEXAS | § |
| § | KNOWN ALL MEN BY THESE PRESENTS |
| COUNTY OF DALLAS | § |
THAT we, __________________________________________________________, as Principal, and _____________________________________________, a Corporation duly organized under the laws of the State of ___________________ and authorized to do business in the State of Texas, as Surety, are held and firmly bound unto the
CITY OF DALLAS, TEXAS, a Municipal Corporation, as Obligee, in the penal sum of FIVE PERCENT (5%) OF THE GREATEST AMOUNT BID, lawful money of the United States of America; for the payment of which, will and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
SIGNED, SEALED, AND DATED this __________ day of ________________ 20____.
WHEREAS, the Principal is herewith submitting this proposal for:
THE CONDITION OF THE ABOVE OBLIGATIONS ARE SUCH, that if the aforesaid Principal shall be awarded the Contract, the said Principal will, within the time required, enter into a Contract and give Bonds for the faithful performance of the Contract and the prompt payment for labor and materials in the prosecution thereof, then this obligation shall be null and void, otherwise the Principal and Surety will pay unto the Obligee the full penal sum thereof, as liquidated damages, it being difficult and impractical to determine accurately the actual amount of damages occurring to the Obligee by reasons of Principal's failure to execute said Contract and Bonds.
PROVIDED FURTHER, that if any legal action be filed upon this Bond, venue shall lie exclusively in Dallas County, Texas.
ATTEST PRINCIPAL
Secretary
By______________________________ (Title)
ATTEST SURETY
Secretary
By______________________________ (Title)
BID BOND (Continued)
(NOTE: Certified copy of Power of Attorney must be attached hereto unless previously on file with the City Secretary.)
The Resident Agent of the Surety in Dallas County, Texas, for delivery of Notice and Service of Process is:
NAME _________________________ ADDRESS _____________________________
_____________________________________ TELEPHONE ____________________
The Bidder must complete this form regardless of whether or not the same information is given in the Bidder's Bond:
1. Complete name and address of Surety Company for Performance and Payment Bonds:
2. Name of the Attorney-In-Fact of the Surety Company:
3. The name of the resident agent of the Surety Company in Dallas, County, Texas, (this name must be the name of a natural person residing in Dallas County, Texas):
4. Address of the resident agent of the Surety Agent in Dallas, County, Texas, (this must be a street address and not a Post Office box number):
Name of Bidder
Address
File details come from the government source that posted it. Updated .