9-Performance and Payment Bonds (OPS-05).pdf

95 KB Posted

Attached to
Temporary Sanitation Field Labor
Solicitation number
BTZ25-00028774
Issued by
Dallas County, Texas

About this file

Written by GovTribe AI ·

This document is a Bonding Requirements form from the Office of Procurement Services for the City of Dallas, specifically addressing Performance and Payment Bonds. The document mandates that the successful bidder must post a Performance & Payment Bond for 25% of the annual contract value within 15 days of bid award, with the bond cost to be absorbed by the bidder. The bonding must be provided by a company authorized to do business in Texas, listed on the Treasury Department's approved sureties, and have a designated Resident Agent in Dallas County, Texas.

The form requires detailed information about the surety company, including its legal name, address, state of incorporation, and the name of its Attorney-in-Fact. Additionally, it requires specific information about the Resident Agent, including a name of a natural person residing in Dallas County, with a street address (not a P.O. box), email address, and phone number. The document is dated 9/17/2023 and is marked as Revision 0 from 01/13/2020, indicating it is a current procurement service document for municipal bonding requirements.

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OPS-05 9/17/2023

Rev. 0 – 01/13/2020 Page 1 of 1

OFFICE OF PROCUREMENT SERVICES

BONDING REQUIREMENTS

PERFORMANCE AND PAYMENT BONDS

Within 15 days of the award of this bid, the successful bidder will be required to post a Performance & Payment Bond in the aggregate amount of _____% of the annual value of the contract, and the cost of such bond must be absorbed by the bidder. Bonding must be made by a bonding company authorized to do business in the State of Texas, on the Treasury

Department’s list of approved sureties, and having a designated Resident Agent residing in Dallas County, Texas.

SURETY COMPANY INFORMATION

(Company providing Performance and Payment bonds for bidder)

Legal Name:

Address:

State of Incorporation:

Name of Attorney-in-Fact:

RESIDENT AGENT INFORMATION

(Must be a name of a natural person residing in Dallas County, Texas)

Name:

Address:

(Must be a street address and not a Post Office box number)

Email Address: Phone Number:

Legal Name:
Address:
State of Incorporation:
Name of AttorneyinFact:
Name:
Email Address:
Phone Number:
Text1:
Text2: 25

File details come from the government source that posted it. Updated .