7-Bid Bond Form.pdf

PDF 2 MB Posted

Attached to
26B-049 Belleview Heights Estates Unit 8 (SE 44th Avenue)
Solicitation number
26-049
Issued by
Marion County, Florida

About this file

This is a Bid Bond Form for Marion County, Florida, applicable to the 26B-049 Belleview Heights Estates Unit 8 (SE 44th Avenue) project. The form serves as a surety instrument required from bidders on this roadway construction project. The bond ensures that the successful bidder will execute a contract in accordance with their submitted bid and provide required performance and payment bonds. The form contains standard bid bond language establishing the obligation of the principal and surety to the Marion County Board of County Commissioners, with the bond penalty amount to be specified by the contractor and surety during the bidding process.

The document provides procedures for bid bond submission and handling by Marion County Procurement Services. Contractors may submit either a traditional bid bond or a Cashier's Check in lieu thereof. Bid bond checks from the top three ranked firms will be held in custody until contract execution and county approval of the recommended firm. Contractors are responsible for retrieving their bid bonds or arranging courier delivery upon notification, with standard USPS return available upon written request via email or fax, with the county relieved of liability for mail loss or misdirection. The form includes blank fields for all required signatures from the principal, surety, witnesses, obligee representative, and relevant company and surety information.

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Other files

File Type Posted
10-Scope of Work.doc DOC document
3-Similar Work Detail Form.pdf PDF
5-Special Provisions.doc DOC document
9-100% Plans SE 44th Avenue.pdf PDF
6-Disclosure of Subcontractors and Suppliers.pdf PDF
4-Vendor Information Form.pdf PDF
2-Bidding Specification Manual.docx DOCX document
1-ITB General Terms and Conditions.pdf PDF
8-Conflict of Interest Statement Form.pdf PDF

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Text version

FORM OF BID BOND

(Type full name of contractor)

(Type full name and address or legal title of Surety) as Surety, hereinafter

KNOW ALL MEN BY THESE PRESENTS, that I/we

(Type full name and address or legal title of Owner) as Principal, hereinafter called the Principal, and a corporation duly organized under the laws of the State called the Obligee, in the sum of (Type written Amount)

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 (Type Bid Number and Title of project)

NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall-enter a Contract with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or 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 shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect.

Signed and sealed this day of , 20 .

(Principal) (Seal) (Witness)

(Surety) (Seal) (Witness)

In the event the firm has submitted a Cashier’s Check in lieu of the Bid Bond, payment from a minimum of the top three

(3) ranked firms (subject to change) shall remain in the custody of Procurement Services until a contract is executed with the recommended firm and approved by the County. Once notified, firms are responsible for picking up bond checks, or submitting a courier number (FedEx, UPS). Firms requesting Bid Bonds be returned by standard USPS delivery must request this service in writing via email or fax, relieving the County of all liability for lost or misdirected mail.

Acknowledged, Print Name, Date Signature of called the Surety, are held and firmly bound unto as Obligee, hereinafter

(Signature) (Type Name & Title)

(Signature) (Type Name & Title)

Principal:
Surety:
Acknowledged Print Name Date:
Signature1_es_:signer:signature:
Company Address:
Company Address 1:
Company Address 2:
Address of Surety:
Select a State: [ ]
Name of Surety:
Name/Address of Owner: [Marion County Board of County Commissioners / 2631 SE 3rd Street, Ocala, FL 34471]
Dollar Amount:
Bid Number and Title of Project:
Day:
Month:
Year:
Company Name:
Witness Signature 1:
Witness Signature 2:
Principal Title:
Surety Title:
Written Amount:

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