Addendum_1_-_Bid_24-13_Escalator_Canopies.pdf

This document is an Addendum (No. 1, dated May 5, 2025) issued by the Tampa Sports Authority for Bid #24-13 concerning Escalator Canopies at Raymond James Stadium. The addendum modifies the original bid document by adding a Bid Bond Form and sets the bid due date as Friday, May 16, 2025, not later than 10:00am. Bidders are required to incorporate this addendum into their proposal and must complete and return the attached form with their submission.

The Bid Bond Form is a standard legal document that outlines the financial guarantee for the bid, requiring the Principal (bidding company) to enter into a contract if awarded and providing protection for the Owner (Tampa Sports Authority) against potential bid withdrawal or failure to perform. The form includes provisions for the Principal to provide performance bonds and ensure faithful execution of the contract, with financial penalties for non-compliance. Bidders must complete all sections of the form, including company details, signatures, and corporate seals, to be considered for the escalator canopy restoration project.