4-G1. REQUIRED BID BOND.pdf

BOND NO.

BID BOND

KNOW ALL MEN BY THESE PRESENTS THAT WE, __

(hereinafter called the Principal) and

(hereinafter called the Surety), a corporation chartered and existing under the laws of the State of

, with its principal offices in and authorized to do business in the State of Florida, are held and firmly bound unto the Board of County Commissioners, Pasco

County, Florida, in the full and just sum of FIVE PERCENT (5%) OF THE TOTAL BID PRICE in good and lawful money of the United States of America, to be paid upon demand of Pasco County and to which payment, will and truly to be made, we bind ourselves, heirs, executors, administrators, successors, and assignees, jointly and severally and firmly by these presents.

WHEREAS, the Principal is about to submit or has submitted a Proposal to Pasco County for the purpose of for Pasco County, designated as Bid No. ; and

WHEREAS, the Principal desires to file this Bid Bond in accordance with law, in lieu of an acceptable check otherwise required to accompany the Proposal;

NOW THEREFORE, the conditions of this Bid Bond are such that if the Proposal is accepted by Pasco

County and if the Principal, within ten (10) days after written Notice of Apparent Low Bidder, (a) executes a written contract in the form and manner required by Pasco County, in accordance with the Proposal, and upon the terms, conditions and price(s) set forth therein and (b) executes any Performance Bond and/or

Payment Bond required by the Proposal; valued in the amount(s) specified therein; and in a form and with sureties satisfactory to Pasco County, or furnishes an alternate form of security acceptable to Pasco

County and (c) submits certificates of insurance in the manner specified in the Contract Documents, with companies acceptable to Pasco County, and in such amounts as required by the Contract Documents; then this Bid Bond is void. Otherwise, this Bid Bond remains in full force and effect and the Surety shall immediately pay to Pasco County, upon demand, the amount secured by this Bid Bond in good and lawful money of the United States of America, upon failure of the Principal to comply with any and all of the foregoing requirements within the time specified above.

THIS BOND DATED THIS DAY OF , 20 .

PRINCIPAL:

BY:

Printed Name

Title

-OR-

PRINCIPAL:

As Attorney at Fact (Attach Power)

Business Address

Business Telephone

NOTARY ACKNOWLEDGEMENT

STATE OF }

} ss

COUNTY OF }

The foregoing instrument was acknowledged before me on ____________, 20 _, by means of:

Physical presence, or online notarization

[as applicable, complete one (1) of the four (4) choices below]:

(1) FOR A CORPORATION OR LIMITED LIABILITY COMPANY:

[Name] __________________, who executed the foregoing instruments as [Title] ________________ of [Corporation or Company Name] __________________________________________________, a:

Corporation, or

Limited liability company organized under the laws of [State] ______, and who severally and duly acknowledged the execution of such instrument as aforesaid on behalf of the corporation or limited liability company.

(2) FOR AN INDIVIDUAL ACTING IN HIS OR HER OWN RIGHT:

Name: ________________________________________.

(3) FOR PARTNERSHIP:

[Name] _______________________________________Partner (or Agent), on behalf of [Name of Partnership] _________________________________, a [State] ____ partnership.

(4) FOR AN INDIVIDUAL ACTING AS PRINCIPAL BY AN ATTORNEY IN FACT:

[Name] , as attorney in fact.

Said person is (check on below):

Personally known to me, or has produced _______________________________________________, as identification.

Signature of person taking acknowledgment [Notary Stamp or Seal]

Name – typed, printed or stamped (This line is required to be completed by §117.05, Florida Statutes)

SURETY:

Authorized Signature

Business Address

-OR-

As Attorney at Fact (Attach Power)

License Number of Agent

COUNTERSIGNED (if applicable):

Signature Agency Name

Agent’s License No. Agency Mailing Address

Agency Telephone No.

NOTARY ACKNOWLEDGEMENT

STATE OF }

} ss

COUNTY OF }

The foregoing instrument was acknowledged before me on ____________, 20 _, by means of:

Physical presence, or online notarization

[as applicable, complete one (1) of the four (4) choices below]:

(1) FOR A CORPORATION OR LIMITED LIABILITY COMPANY:

[Name] __________________, who executed the foregoing instruments as [Title] ________________ of [Corporation or Company Name] __________________________________________________, a:

Corporation, or Limited liability company organized under the laws of [State] ______, and who severally and duly acknowledged the execution of such instrument as aforesaid on behalf of the corporation or limited liability company.

(2) FOR AN INDIVIDUAL ACTING IN HIS OR HER OWN RIGHT:

Name: ________________________________________.

(3) FOR PARTNERSHIP:

[Name] _______________________________________Partner (or Agent), on behalf of [Name of Partnership] _________________________________, a [State] ____ partnership.

(4) FOR AN INDIVIDUAL ACTING AS SURETY BY AN ATTORNEY IN FACT:

[Name] , as attorney in fact.

Said person is (check on below):

Personally known to me, or has produced _______________________________________________, as identification.

Signature of person taking acknowledgment [Notary Stamp or Seal]

Name – typed, printed or stamped (This line is required to be completed by §117.05, Florida Statutes)