5-Offer Bond Form.pdf

OFFEROR BOND/ BID BOND FORM

Bond Number

Surety

Offeror

Owner/Obligee:

Amount of Bond:

ATLANTA INDEPENDENT SCHOOL SYSTEM

Project Description: Design-Build Contractor to complete a project which involves the improvements of BEST Academy/Coretta Scott King Young Women’s Leadership Academy, South Atlanta High School, Carver High School, and Douglass High School, Track and Turf Improvements

RFP Number: 25-12040-P-AW

WHEREAS, the Offeror is herewith submitting to OWNER a proposal/offer to the above-referenced RFP, which offer is attached hereto and made part thereof.

NOW, THEREFORE, the Surety and the Offeror are firmly held and bound, jointly and severally, to OWNER in the amount set forth above, lawful money of the United States, for which payment we bind ourselves, our heirs, executors, administrators, and assigns, jointly and severally, by these presents.

If the Offeror or any part of the offer shall be accepted and a contract awarded to the Offeror by OWNER, and if the Offeror shall well, truly, and fully perform all the terms, conditions, and obligations to be kept and performed on the part of the Offeror, and shall within the required time enter into a written contract and shall furnish bond(s) as required by the contract and specifications, or the call for offers, or by law, with a surety acceptable to OWNER, then this obligation shall be void; otherwise it shall remain in full force and effect for a minimum period of 90 days from the date of the offer, or longer if required by law, or longer through mutual agreement of the OWNER and Offeror.

This instrument and the amount of money set forth above shall be applied toward, but shall not be considered a limitation upon, any damages which may be sustained by OWNER if the Offeror fails to execute a written contract, or fails to secure the necessary bond(s), or fails to comply with all the terms, conditions and obligations to be kept and performed on the part of the Offeror.

The maximum amount of Surety’s liability claimable and recoverable under this instrument shall be and hereby is expressly limited to the amount of money set forth above. In addition to the liability of the Surety under this bond, the Court shall award to the prevailing party in any suit brought on this bond reasonable attorneys’ fees and costs, even if such amounts exceed the penal sum of this bond.

Dated this day of 20

OFFEROR

By (signed) Signature of Authorized Person

Title

ACKNOWLEDGMENT BY AN ATTORNEY-IN-FACT

SURETY

By (signed) Signature of Attorney-In-Fact

State of SS County of

On, before me, a Notary Public, personally appeared, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to this instrument, and acknowledged to me that he/she executed the same in his/her authorized capacity, and that by his/her signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument.

WITNESS my hand and official seal.

Signature of Notary (Notary Seal)

Address City, State Telephone

ATTACH CERTIFIED COPY OF POWER OF ATTORNEY AND ALL-PURPOSE

ACKNOWLEDGMENT.

(THIS DOCUMENT CANNOT BE ALTERED, MODIFIED, OR CHANGED.)

[You must submit this form or a certified or cashiers check in the amount of the required bond. Your failure to do so will render your proposal non-responsive.]