_A_Bid_Bond_JOC_2601-2605.pdf
PDF 56 KB Posted
- Solicitation number
- 2026-RFP-00066
- Issued by
- San Mateo County, California
About this file
This document is a Bid Bond for Job Order Contracts (JOC) 2601, 2602, 2603, 2604, and 2605 issued by the County of San Mateo in California. The bond covers a Job Order Contract for General Construction at various County-owned facilities, with the principal and surety jointly and severally binding themselves to the County Board of Supervisors. The bond serves as a guarantee that if the bid is accepted, the principal will execute the contract, deliver performance and payment bonds, and fulfill all agreement requirements.
The bond outlines the financial obligations and conditions under which the surety will be responsible for any defaults by the principal. The document provides a standard legal framework for a bid bond, with spaces for the specific dollar amount, principal, and surety to be filled in. The bond includes provisions for the surety to remain liable even if the Owner extends the time to accept the bid, and it specifies that the surety waives notice of such extensions. The final sections of the document provide spaces for signatures, corporate seals, and details about the bond's premium rate, which are to be completed by the involved parties.
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Text version
BID BOND
JOC 2601, 2602, 2603, 2604 and 2605
KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned, , as Principal and
, as Surety, are hereby held and firmly bound unto the County of San Mateo in the State of California, as represented by the County Board of Supervisors, hereinafter called the "Owner" in the sum of
_____________________________________________ Dollars
($_________________) for payment of which sum, well and truly to be made, we hereby jointly and severally bind ourselves, our heirs, executors, administrators, successors, and assigns.
The condition of the above obligation is such that, whereas the Principal has submitted to the Owner a certain Bid, attached hereto and hereby made a part hereof, to enter into a contract in writing for Job Order Contract for General Construction at various County of San Mateo owned facilities for Project No. JOC 2601, JOC 2602, JOC 2603, JOC 2604 and JOC 2605 in strict accordance with contract documents.
NOW, THEREFORE,
a. If said Bid shall be rejected, or, in alternate
b. If said Bid shall be accepted and the Principal shall execute and deliver a contract in the Form of Agreement attached hereto and shall execute and deliver Performance and Payment Bonds in the Forms attached hereto (all properly completed in accordance with said Bid), and shall in all other respects perform the agreement created by the Acceptance of said Bid.
Then, this obligation shall be void; otherwise, the same shall remain in force and effect, it being expressly understood and agreed that the liability of the Surety for any and all default of the Principal hereunder shall be the amount of this obligation as herein stated.
The Surety, for value received, hereby stipulates and agrees that the obligation of said Surety and its bond shall be in no way affected or impaired by any extension of the time within which the Owner may accept such Bid, and said Surety does hereby waive notice of such extension.
IN WITNESS WHEREOF, the above-bounden parties have executed this instrument under their several seals this day of , 20 , the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body.
In presence of:
(Individual Principal) (Seal)
(Business Address)
Attest: ____________________________ (Corporate Principal)
(Business Address
(Affix By__________________________ Corporate Seal)
Attest: ____________________________ (Corporate Surety)
(Business Address)
(Affix By__________________________ Corporate Seal)
The rate or premium on this bond is per thousand.
Total amount of premium charge, $ (The above must be filled in by Corporate Surety.)
File details come from the government source that posted it. Updated .