5-05 Required Form-Bid Bond.pdf
PDF 151 KB Posted
- Attached to
- South Temple Waterline Improvements Line A-1
- Solicitation number
- Bid #94-01-25
- Issued by
- Bell County, Texas
About this file
This document is a Bid Bond for the City of Temple, Texas, related to the South Temple Waterline Improvements Line A-1 project. The bid bond requires bidders to submit a 5% bid bond with their bid, with the City encouraging the use of its attached standard form. Bidders are advised that the City may reject bid bonds not using its prescribed form if it determines the alternative does not provide the same level of protection.
The bid bond outlines the conditions under which the Principal (bidder) is bound to the City of Temple, with specific provisions that if the bidder withdraws their bid after opening or fails to enter into the contract and provide performance and payment bonds, the City can collect the full amount of the bid bond as liquidated damages. The document provides a template for the bid bond, including spaces for the Principal, Surety, and specific project details, with a requirement that any legal action related to the bond will have venue in Bell County, Texas.
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Text version
COMPLETE & UPLOAD TO BONFIRE
OR SUBMIT VIA HARD COPY
BID BOND
Bidders must submit a 5% bid bond with their bid. Bidders are encouraged to use the City’s attached bid bond form for this purpose. The City may reject bids which include bid bonds submitted on something other than the City’s form if it determines in its sole discretion that the bid bond does not provide the same level of protection as the City’s bid bond form provides.
BID BOND
THE STATE OF TEXAS § SURETY'S NO. ___________
COUNTY OF §
KNOW ALL MEN BY THESE PRESENTS, THAT
(hereinafter called the Principal), as Principal, and
(hereinafter called the Surety), as Surety, are bound unto the City of Temple, Texas, a home rule municipal corporation of Bell County, Texas (hereinafter called Obligee) in the amount
DOLLARS ($ ), for the payment whereof said Principal and Surety bind themselves, and their heirs, administrators, executors, successors, and assigns, jointly and severally, firmly by these presents.
WHEREAS, the Principal has submitted a Bid to enter into a certain written Contract with the
City of Temple for the construction of the following:
SOUTH TEMPLE WATERLINE IMPROVEMENTS LINE A-1
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the said Principal shall faithfully, enter into such written Contract, then this obligation shall be void;
otherwise, to remain in full force and effect.
IT IS EXPRESSLY UNDERSTOOD AND AGREED that if said Principal should withdraw its
Bid any time after such Bid is opened and before official rejection of such Bid or, if successful in securing the award thereof, said Principal should fail to enter into the Contract and furnish satisfactory Performance Bond and Payment Bond, the Obligee, in either of such events, shall be entitled and is hereby given the right to collect the full amount of this Bid Bond as liquidated damages.
PROVIDED, further that if any legal action be filed upon this Bond, venue shall lie in Bell
County, Texas.
IN WITNESS WHEREOF, the said Principal and Surety do sign and seal this instrument, this day of , 2025.
Principal/Contractor Surety
By
Address
By ________
Address ________
NOTE: Attach Power of Attorney
| ADPE1A1.tmp |
| COUNTY OF § |
| CITY OF TEMPLE GENERAL PROVISIONS |
| BID REQUIREMENTS & OTHER GENERAL CONDITIONS |
| ABBREVIATIONS |
| ITEM 1.1. BID QUANTITIES |
| ITEM 1.2. EXAMINATION OF PLANS, SPECIFICATIONS AND SITE OF THE WORK |
| ITEM 1.3. PREPARATION OF BID |
| ITEM 1.4. BID GUARANTY |
| ITEM 1.5. FILING OF BIDS |
| ITEM 1.6. WITHDRAWING BIDS |
| ITEM 1.7. OPENING BIDS |
| ITEM 1.8. IRREGULAR BIDS |
| ITEM 1.9. REJECTION OF BIDS |
| ITEM 1.10. DISQUALIFICATION OF BIDDERS |
| ITEM 1.11. CONSIDERATION OF CONTRACT |
| ITEM 1.12. AWARD OF CONTRACT AND COMMENCEMENT OF WORK |
| ITEM 1.13. SURETY BONDS |
| ITEM 1.14. NOTICE TO PROCEED |
| ITEM 1.15. EXECUTION OF CONTRACT |
| ITEM 1.16. FAILURE TO EXECUTE CONTRACT |
| ITEM 1.17. PRIORITY OF CONTRACT DOCUMENTS |
| ITEM 1.18. CORRELATION AND INTENT OF DOCUMENTS |
| If the Engineer, as the Owner’s representative, shall decide that there is no departure from the requirements of the contract documents, the Contractor shall then proceed with the work as shown, specified, or directed. If the Engineer, as the Owner’s ... |
| ITEM 1.19. CONTRACTOR'S WARRANTIES AND UNDERSTANDING |
| ITEM 1.20. CONTRACTOR'S RESPONSIBILITIES |
| 1.20.2. INDEMNIFICATION: THE CONTRACTOR AND HIS SURETIES SHALL INDEMNIFY, DEFEND AND SAVE HARMLESS THE OWNER AND ALL OF ITS OFFICERS, AGENTS AND EMPLOYEES, INCLUDING ANY MEMBER OF ITS GOVERNING BODY, FROM ALL SUITS, ACTIONS OR CLAIMS OF ANY CHARACTER... |
| THE CONTRACTOR SHALL INDEMNIFY AND HOLD HARMLESS THE CITY, ITS EMPLOYEES AND AGENTS, FROM ANY AND ALL DAMAGES, COSTS (INCLUDING, WITHOUT LIMITATION, LEGAL FEES, COURT COSTS, AND THE COST OF INVESTIGATION), JUDGMENTS OR CLAIMS BY ANYONE FOR INJURY OR D... |
| ITEM 1.21. COMPLIANCE WITH LAWS; GOVERNING LAWS |
| ITEM 1.22. PROTECTION OF WORK AND OF PERSONS AND PROPERTY |
| THE CONTRACTOR, HIS AGENTS, OFFICERS, EMPLOYEES, AND SURETIES SHALL DEFEND, INDEMNIFY AND SAVE HARMLESS THE OWNER AND ALL OF ITS OFFICERS, AGENTS AND EMPLOYEES FROM ALL SUITS, ACTIONS, OR CLAIMS OF ANY CHARACTER WHATSOEVER, BROUGHT FOR OR ON ACCOUNT O... |
| ITEM 1.24. INSURANCE |
| 1.24.5. WORKER’S COMPENSATION REQUIREMENTS |
| ITEM 1.25. MATERIALS AND WORKMANSHIP; WARRANTIES AND GUARANTEES |
| ITEM 1.26. SHOP DRAWINGS, PRODUCT DATA AND SAMPLES |
| ITEM 1.27. MEANS AND METHODS OF CONSTRUCTION |
| ITEM 1.28. SUPERVISION BY CONTRACTOR |
| ITEM 1.29. EMPLOYEES |
| ITEM 1.30. WORKING AREA; COORDINATION WITH OTHER CONTRACTORS; FINAL CLEANUP |
| ITEM 1.31. OTHER CONTRACTORS; OBLIGATION TO COOPERATE |
| ITEM 1.32. OWNER'S RIGHT TO TEMPORARILY SUSPEND WORK |
| ITEM 1.33. USE OF COMPLETED PORTIONS OF WORK |
| ITEM 1.34. DELAYS; EXTENSION OF TIME; LIQUIDATED DAMAGES |
| ITEM 1.35. CHANGE OR MODIFICATION OF CONTRACT |
| ITEM 1.36. PAYMENT FOR REVISED QUANTITIES OF WORK AND EXTRA WORK |
| ITEM 1.37. DISPUTED WORK AND CLAIMS FOR ADDITIONAL COMPENSATION |
| ITEM 1.38. PERFORMANCE OF EXTRA OR DISPUTED WORK |
| ITEM 1.39. AUTHORITY OF THE ENGINEER |
| ITEM 1.40. INSPECTION AND TESTS |
| 1.40.2. FINAL INSPECTIONS: |
| ITEM 1.41. NO WAIVER OF RIGHTS OR ESTOPPEL |
| ITEM 1.42. CONTRACTOR DEFAULT: OWNER'S RIGHT TO SUSPEND WORK AND ANNUL CONTRACT |
| ITEM 1.43. SUSPENSION BY COURT ORDER AGAINST THE OWNER |
| ITEM 1.44. SUBCONTRACTS |
| ITEM 1.45. ASSIGNMENTS |
| ITEM 1.46. CLAIMS AGAINST OWNER AND ACTION THEREON |
| ITEM 1.47. OWNER'S OFFICERS, EMPLOYEES OR AGENTS |
| ITEM 1.48 PATENTS |
| ITEM 1.49. MONTHLY ESTIMATE, PARTIAL PAYMENTS, RETAINAGE, FINAL INSPECTION, ACCEPTANCE AND FINAL PAYMENT |
| ITEM 1.50. PAYMENT WITHHELD |
| ITEM 1.51. SERVICE OF NOTICES |
| ITEM 1.52. UNLAWFUL PROVISIONS DEEMED STRICKEN |
| ITEM 1.53. ALL LEGAL PROVISIONS INCLUDED |
| ITEM 1.54. EQUAL EMPLOYMENT OPPORTUNITY |
| ITEM 1.55. TERMINATION FOR CONVENIENCE OF THE OWNER |
| ITEM 1.56. STATE AND LOCAL SALES AND USE TAXES |
| ITEM 1.57. VENUE AND GOVERNING LAW |
| ITEM 1.58. NO WAIVER OF LEGAL RIGHTS |
| ITEM 1.59. OBLIGATION TO PERFORM FUNCTIONS |
| ITEM 1.60. SUCCESSORS AND ASSIGNS |
| ITEM 1.61. NET PRICES |
| ITEM 1.62. CONFLICT OF INTEREST |
| ITEM 1.63. OVERCHARGES |
| ITEM 1.64. HEADINGS |
| ITEM 1.65. SAMPLE FORMS |
| SAMPLE CHANGE ORDER |
| CONSTRUCTION CONTRACT - FINAL REPORT |
| TABLE OF CONTENTS |
| SPECIAL CONDITIONS |
| S1.26 NOTIFICATION OF CONSTRUCTION: CONSTRUCTION IN VICINITY OF EXISTING FACILITIES |
| STANDARD FORM OF AGREEMENT |
| PERFORMANCE BOND |
| PAYMENT BOND |
| PAYMENT BOND |
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