8-Solicitation-Form-5- Bid- Security- Form.pdf

This is a Bid Security Form for the Savannah Chatham County Public School System (SCCPSS) related to a data cabling installation project at Jacob G. Smith Elementary School in Georgia. The solicitation seeks formal sealed proposals from qualified firms to provide and install cable and wire connections at the facility, which is scheduled to open on June 30, 2026. The bid security form establishes the requirements for bidders to demonstrate their financial commitment and ability to perform the contracted work.

The bid security form requires bidders to submit a certified check, cashier's check, or bid bond as a guarantee of good faith. Bidders must provide security in an amount specified in the solicitation documents, which serves to ensure that the successful bidder will execute the contract and provide the required performance bond. The form outlines the conditions under which the bid security will be forfeited, including failure to execute the contract within the specified timeframe or failure to provide the required performance bond. All bid security submissions must be included with the sealed proposal and submitted by the stated deadline to be considered responsive and eligible for award consideration.