7-Bid Guaranty and Performance.pdf

This is a Bid Guaranty and Performance/Payment Bond document for Harris County, Texas, outlining the financial requirements and bonding procedures for contractors bidding on the Ignition Interlock Devices, Portable Alcohol Testing Devices, and Associated Services contract for Harris County Pretrial Services. All bidders must submit a guaranty with their bid, which may be in the form of either an individual bid bond or a bank cashier's check, both payable to Harris County in an amount equal to 5% of the total bid value. The successful bidder is required to execute and furnish a performance and/or payment bond within ten days after contract award and receipt of the performance/payment bond application form from Harris County. The performance and/or payment bond must be executed by a surety company authorized to do business in Texas and equal the full contract amount unless otherwise specified.

If the successful bidder submits a bank cashier's check as guaranty, Harris County reserves the right to either hold the check until all contract provisions are completed or require the contractor to obtain a performance and/or payment bond. The prescribed performance and/or payment bond application form must be obtained from Harris County and is the only form the county will accept. All bonding documents and related materials must be submitted to the Harris County Office of the Purchasing Agent at 1111 Fannin Street, 12th Floor, Houston, TX 77002 within ten days of award; failure to submit within this timeframe may render the award ineffective. Written verification of bond validity from the contractor's surety must be received by the Purchasing Agent's office before any contract payments will be issued.