5-08 Bond Requirement Affidavit - Required.pdf

This is a Bond Requirement Affidavit form from the City of Temple, Texas, required for the Friars Creek Regional Detention Pond construction project. The affidavit serves as certification from an insurance agent or broker that bond requirements specified in the bid document have been reviewed with the identified contractor. If the contractor is awarded the contract, the agent/broker certifies their ability to furnish valid bonds and appropriate power of attorney documentation to the City within thirty days of award notification, meeting all requirements defined in the bid specifications. Contractors must complete and upload the form to Bonfire or submit a hard copy as part of their bid response.

The City of Temple reserves the right to reject any bid that does not include a completed Bond Requirement Affidavit from an authorized insurance agent or broker. Failure to meet this requirement may result in contract award to an alternative contractor meeting the specifications. For questions regarding bond requirements, bidders should contact the Risk Manager for the City of Temple at (254) 298-5674, and for general bid inquiries, contact the Director of Purchasing at (254) 298-5655. The Friars Creek Regional Detention Pond project has an engineer's estimate of $2,882,475 with a project completion timeline of 182 consecutive calendar days from Notice to Proceed.