5-00 43 13 BID BOND FORM.pdf
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- Solicitation number
- US.262472
- Issued by
- Allegheny County, Pennsylvania
About this file
This is a Bid Bond Form for the Bethel Park Municipal Authority related to the Library Road (SR 0088) Sanitary Sewer Improvements Project in Pennsylvania. The project involves replacing existing sanitary sewer infrastructure between Manholes 3B13 and 3B12 by abandoning 83 linear feet of existing 10-inch sanitary sewer and constructing 97 linear feet of new 10-inch PVC sanitary sewer on a new alignment, including installation of new precast concrete sanitary manholes. Additionally, approximately 240 linear feet of existing sanitary sewer between Manholes 3B12 and 3B11 will be rehabilitated using cured-in-place pipe (CIPP) lining. Sealed bids were to be received online via PennBid until 2:00 p.m. Local Time on December 8, 2026, at which point they would be opened and publicly posted on PennBid's website.
Each bid must be accompanied by a bid bond in the amount of at least ten percent of the bid amount, drawn payable to the Bethel Park Municipal Authority as security for proper contract execution. The successful bidder will be required to pay PennBID a fee of one-third of one percent of the contract value, with a minimum fee of $150 and maximum fee of $6,000, not including tax. The project is subject to the Pennsylvania Prevailing Wage Act, with applicable minimum wage rates established by the Pennsylvania Department of Labor and Industry and set forth in the contract documents. The Bethel Park Municipal Authority reserves the right to accept or reject any or all bids and waive any informality in bidding.
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Text version
SECTION 00 43 13
BID BOND FORM
MBP203903H 00 43 13-1
KNOW ALL BY THESE PRESENT, that we, the undersigned, ___________________ as Principal, hereinafter called the Principal, a corporation duly organized under the laws of the State of ____________________, and duly authorized to transact business in the state of Pennsylvania, as Surety, , hereinafter called the Surety, are held and firmly bound unto the Bethel Park Municipal Authority, hereinafter called Owner, in the sum of _______________________________________ Dollars ($_________________) for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
WHEREAS, the Principal has submitted a Bid for Library Road (SR 0088) Sanitary Sewer Improvements Project.
NOW, THEREFORE, if the Owner accepts the Bid of the Principal and the Principal will enter into a Contract with the Owner in accordance with the terms of such Bid, and give such Bond or Bonds as may be specified in the Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter such Contract and give such Bond or Bonds, if the Principal pays to the Owner the difference not-to-exceed the penalty hereof between the amount specified in said Bid and such larger amount for which the Owner may in good faith contract with another party to perform the Work covered by said Bid, then this obligation will be null and void, otherwise to remain in full force and effect.
Signed and sealed this ___________ day of ____________________, 20 .
(Witness) (Principal)
(Title)
(Witness) (Surety)
(Title)
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