4-Form of Guaranty.pdf
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- Attached to
- Yoder Road (T-375) Sidewalk Connection
- Solicitation number
- US.261676
- Issued by
- Montgomery County, Pennsylvania
About this file
This is a Form of Guaranty document for the Yoder Road (T-375) Sidewalk Connection project in Lower Salford Township, Montgomery County, Pennsylvania. The document establishes bidding requirements and conditions for sealed proposals submitted via PennBID, with a bid opening deadline of 11:00 AM on January 26, 2027. All proposals must be accompanied by a bid bond or certified check equal to 10% of the total bid amount. Bidders must acknowledge receipt of any addendums issued during the bidding period and certify that their proposal is genuine and not collusive. The successful bidder must execute the contract within ten days of receiving notice to proceed and furnish bonds as specified in the contract documents; failure to do so will result in forfeiture of the bid bond or certified check as liquidated damages.
All bidders and subcontractors must be PennDOT pre-qualified contractors and comply with the Pennsylvania Prevailing Wage Act, with proof of competency and responsibility required in accordance with 67 PA Code Chapter 457 and PennDOT Form 408/2026. Bids may not be withdrawn within sixty days after opening, during which time the Township will review qualifications and investigate bidder credentials. The Township reserves the right to waive minor informalities, irregularities, or defects in bids or to reject any or all bids submitted. Questions from bidders must be submitted via PennBID by 5:00 PM on January 12, 2027, though submission does not guarantee a response.
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Text version
C-5
3. FORM OF GUARANTY:
ADDENDUMS:
The bidder acknowledges receipt of the hereinafter enumerated addendums that have been issued during period of bidding and agrees that said addendums will become a part of this contract. The bidder will list below the numbers and issuing dates of the addendums.
Bulletin No. Issuing Date
The undersigned hereby certifies that this Proposal is genuine, and not sham or collusive, or submitted in the interest or on behalf of any person, firm or corporation not herein named, and has not induced any other persons to refrain from biddings and has not in any way sought by collusion to secure an advantage over any other bidder.
Accompanying this Proposal is a Certified Check or Bid Bond, payable to the Township in the sum of $__________, which the undersigned agree(s) is to be forfeited as liquidated damages, and not as a penalty, if the Contract is awarded to the undersigned and the undersigned shall fail to execute the Contract in conformity with the agreement incorporated in the Contract Documents, and furnish bonds as specified, within ten (10) days after receipt of Notice to proceed. Otherwise, the Certified Check or Bid Bond will be returned to the undersigned.
(an Individual) The undersigned is: (a Partnership) under the laws of the State of _______________________ (a Corporation) having principal offices at: ______________________________________________________
Signed: ____________________________________________ Date: _____________
Address: ____________________________________________
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