_A_Bid_Bond_JOC_2619-2621.pdf
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- Attached to
- Job Order Contract for Asbestos Abatement w/ Hazardous Materials (JOC 2619 and JOC 2621)
- Solicitation number
- 2026-RFP-00104
- Issued by
- San Mateo County, California
About this file
This is a Bid Bond document for the County of San Mateo, California, establishing the terms and conditions for three Job Order Contracts (JOC 2619, 2620, and 2621) related to Hazardous Materials management at various County-owned facilities. The bid bond serves as a financial guarantee that the bidder will execute a formal contract agreement if their bid is accepted. The document establishes the relationship between the Principal (bidder), the Surety (bonding company), and the Owner (County of San Mateo Board of Supervisors). The bond obligates the Principal to enter into a written contract in the Form of Agreement and to execute Performance and Payment Bonds in the forms attached to the bid documents, all in strict accordance with the contract documents provided.
The bond amount is to be specified by the Principal and Surety during the bidding process, with the bond becoming void if the bid is rejected or if the bid is accepted and the Principal properly executes all required contracts and bonds. The Surety's liability is limited to the amount stated in the bond obligation, and the Surety waives notice of any extension of time the Owner may grant for accepting the bid. The Corporate Surety must complete and provide the premium rate per thousand dollars and the total amount of premium charge for the bond. The document requires signatures from the Principal (individual or corporate) and the Surety (corporate), each with appropriate seals and attestation by authorized representatives.
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Text version
BID BOND
JOC 2619, 2620 and 2621
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 Hazardous Materials at various County of San Mateo owned facilities for Project No. JOC 2619, 2620 and JOC 2621 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 .