9-Bid Bond 2026.docx
DOCX document 17 KB Posted
- Attached to
- 600 E. 4th Street Renovation
- Solicitation number
- B26002
- Issued by
- Delaware
About this file
This is a Bid Bond document issued by the Wilmington Housing Authority (WHA) located in Delaware for the 600 E. 4th Street Renovation project, specifically a comprehensive roof replacement initiative. The bid bond template establishes the penal sum requirement and outlines the principal's commitment to the project, with a bid submission date in 2026. The bond requires the principal to refrain from withdrawing the bid within sixty (60) days after opening and mandates execution of a written contract within ten (10) days after prescribed forms are presented, or alternatively within the period specified in the bid documents. The project involves detailed roofing work across multiple roof sections, including removal of existing roofing materials, potential asbestos abatement, structural repairs to lightweight insulating concrete slabs, and installation of new modified bitumen roofing systems with complete flashing replacements. The WHA is seeking qualified, licensed, and insured vendors capable of handling this complex renovation work in compliance with applicable building codes.
The bid bond document serves as a financial guarantee mechanism, requiring both a principal and surety company to bind themselves jointly and severally to the WHA for faithful performance and proper fulfillment of the contract. The specific penal sum amount, principal identification, and bid details are left blank in this template for completion at the time of individual bid submission. The bond becomes void only if the principal withdraws the bid within the specified period or successfully enters into a written contract with adequate performance bonding as required. The document requires execution by authorized representatives of sole proprietorships, partnerships, or corporations, with corporate seals affixed where applicable, and mandates that any surety company representative provide a power of attorney attached to the bond. This standard bid bond structure protects the WHA by ensuring bidder commitment and providing recourse should a successful bidder fail to execute the required contract and performance bond within the specified timeframe.
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Other files
| File | Type | Posted |
|---|---|---|
| 10-B26002 Form Of Bid.doc | DOC document | |
| 6-5370 General Conditions for Construction Contracts.pdf | ||
| 5-5369 - Instructions to Bidders for Contracts.PDF | ||
| 8-B26002-600 E. 4th Street Renovation- SCOPE.docx | DOCX document | |
| 11-Subcontractor List.docx | DOCX document | |
| 2-Insurance Requirements-WHA.pdf | ||
| 7-B26002-600 E 4th Street- IFB Document.docx | DOCX document | |
| 4-Blank 5369-A Representations, certifications Other Statements of Bidders.pdf | ||
| 3-Wage Decision-DE20260008-Building.pdf | ||
| 1-Profile Of Firm Form.doc | DOC document |
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Text version
BID BOND
KNOW ALL MEN BY THESE PRESENTS, that we the undersigned:
__________________________________________________ AS PRINCIPAL
and ______________________________________________as SURETY, are held and firmly bound unto WILMINGTON HOUSING AUTHORITY, herein called the “WHA”, in the penal sum of ______________________ dollars, lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, nointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH, that whereas the Principal has submitted the accompanying bid, dated _______________, 2026 for
NOW THEREFORE, if the Principal shall not withdraw said bid within the period specified herein within sixty (60) days after the said opening, and shall within the period specified therefore, or if no period be specified within ten (10) days after the prescribed forms are presented to him for signature, enter into a written contract with WHA in accordance with the bids as accepted and give bond with good and sufficient surety or sureties, as may be required, for the faithful performance and proper fulfillment of such contract; or in the event of the withdrawal of said bid within the period specified, or the failure to enter into such contract and give such bond within the time specified in said bid and the amount for which WHA may procure the required work or supplies or both, if the latter amount be in excess of the former, then the above obligation shall be void and of no effect, otherwise to remain in full force and virtue.
IN WITNESS WHEREOF, the above-bound parties have executed this instrument under their several seals this ___________ day of _________________, 2026, the name and corporate seal of each corporate party being hereto affixed, and these presents duly signed by its undersigned representatives, pursuant to authority of its governing body.
ATTEST Sole Proprietorship or Partnership
| ______________________________ | __________________________________________ | |
| Attest | (Individual Principal Signature) | |
| __________________________________________ |
(Name of Individual Principal above)
Seal
ATTEST CORPORATION
| Attest | (Corporate Principal Signature) | ||||||||
| __________________________________________ | _________________________________________ | ||||||||
| (Business Address) | ___________________________________________ | (Name of Corporate principal above) | ___________________________________________ | ||||||
| (Title) | |||||||||
| Affix Corporate Seal | |||||||||
| ATTEST | SURETY COMPANY | ||||||||
| _____________________ | ___________________________________________ | ||||||||
| Attest | (Corporate Surety Signature) | ||||||||
| __________________________________________ | |||||||||
| (Corporate Surety Signature) |
| ___________________________________________ | |
| (Business Address) |
| By: ___________________________________________ | ||
| (Name of Corporate Surety) | ||
| ___________________________________________ | ||
| (Title) |
Affix Corporate Seal
(Power of Attorney for person signing for Surety Company must be attached to the Bond
File details come from the government source that posted it. Updated .