_A_Bid_Bond_JOC_2617-2618.pdf
PDF 74 KB Posted
- Solicitation number
- 2026-RFP-00103
- Issued by
- San Mateo County, California
About this file
This is a Bid Bond form for the County of San Mateo, California, for Job Order Contracts (JOC) 2617 and 2618 related to painting services at various County-owned facilities. The bond serves as a financial guarantee that the bidder will execute a contract and deliver required Performance and Payment Bonds if their bid is accepted. The document establishes the Principal (bidder) and Surety (bonding company) as jointly and severally liable to the County Board of Supervisors for the bid amount. If the bid is rejected or if the Principal fails to execute the contract and deliver the required bonds upon acceptance, the Surety remains obligated for the full amount of the bond. The Surety waives notice of any extensions the Owner may grant for accepting the bid.
The bond amount, premium rate per thousand dollars, and total premium charge must be completed by the Corporate Surety prior to submission. The form requires execution by authorized representatives of both the Principal and Surety, with corporate seals affixed where applicable. Signature blocks are provided for individual principals, corporate principals, and corporate sureties, each with corresponding business address fields. All parties must execute the instrument under seal, and the document must be dated at execution.
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Text version
BID BOND
JOC 2617 and 2618
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 Painting at various County of San Mateo owned facilities for Project No. JOC 2617 and JOC 2618 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 .