Appendix B1_Bid Bond_CAVEA Lighting MSU Denver.docx

DOCX document 36 KB Posted

Attached to
CAVEA Lighting
Solicitation number
DQ1 GMAA 2027000142 1
Issued by
Denver County, Denver City, Colorado

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Written by GovTribe AI ·

This is a Bid Bond form for the CAVEA Lighting project at Metropolitan State University of Denver, issued by the State of Colorado Office of the State Architect under the State Buildings Program. The bid bond serves as a proposal guaranty requirement for contractors submitting proposals on the project designated 26PR05. The bond must be submitted with the proposal and remain in full force and effect for thirty (30) days following the opening of proposals. If the principal's proposal is accepted, the contractor must execute the required Agreement, furnish the required Performance Bond, Labor and Material Payment Bond, Insurance Policy, Certificates of Insurance, and Certification and Affidavit Regarding Illegal Aliens within the prescribed timeframe.

The bid bond is set at five percent (5%) of the principal's total bid price and will be forfeited as liquidated damages if the principal defaults on its obligations. The bond must be executed by a corporate officer (President or Vice President) with attestation by the Secretary and corporate seal for corporate bidders, or properly signed by individuals or partnerships as applicable. A critical requirement is that the bid bond must be accompanied by a properly executed Power of Attorney effectively dated; failure to provide both documents will result in the bidder's proposal being deemed non-responsive. The form is dated for execution in 2026 and references form SBP-6.14 Rev 7/2025.

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Other files

File Type Posted
Appendix C_Sample Direct Labor Burden Calculation_CAVEA Lighting MSU Denver.docx DOCX document
Appendix A_Information for Bidders_CAVEA Lighting MSU Denver.pdf PDF
Appendix D_MSU Denver Procurement Terms_&_Conditions.pdf PDF
AHEC-27901-D_CAVEA Lighting_FINAL.pdf PDF
Appendix E_General Conditions (SC6.23 DBB).pdf PDF
Appendix B_DQ Form_CAVEA Lighting MSU Denver.pdf PDF
Appendix F_MSU CAVEA Ltg Upgrades_100pct CD Permit_Specs_Stamped - for Bid.pdf PDF
Appendix G_MSU CAVEA Ltg Upgrades_100pct CD Permit_Drawings_Stamped.pdf PDF

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STATE OF COLORADO

OFFICE OF THE STATE ARCHITECT

STATE BUILDINGS PROGRAM

BID BOND

Institution or Agency: Metropolitan State University of Denver Project No./Project Name: 26PR05 / CAVEA Lighting

KNOW ALL MEN BY THESE PRESENTS:

WHEREAS, hereinafter called the “PRINCIPAL”, is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO, hereinafter called the “OBLIGEE”.

WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with the PROPOSAL GUARANTY in an amount not less than five per cent (5%) of the Proposal, which sum it is specifically agreed is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in pursuance of which Requirement, this Bid is made, executed and delivered.

NOW THEREFORE, the Principal and a corporation of the State of , duly authorized to transact business in Colorado, as Surety, are held and firmly bound unto the Obligee, in the sum of five per cent (5%) of the Principal’s total bid price, lawful money of the United States for the payment of which sum, well and truly to be made to the Obligee, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.

FURTHER THAT, a condition of the obligation that the Principal shall maintain his Proposal in full force and effect for thirty (30) days after the opening of the proposals for the project, or, if the Principal’s Proposal is accepted, the Principal shall, within the prescribed time, execute the required Agreement, furnish the required Performance Bond, Labor and Material Payment Bond, Insurance Policy, Certificates of Insurance and Certification and Affidavit Regarding Illegal Aliens, then this obligation shall be null and void, otherwise it shall remain in full force and effect, and subject to forfeiture upon demand as Liquidated Damages.

IN WITNESS WHEREOF said Principal and Surety have executed this Bond, this ____ day of ________________________, A.D., 2026.

(Corporate Seal) THE PRINCIPAL

Company Name

ATTEST_________________________________________________
Address
_________________________________________________
City, State Zip Code
By _________________________________________________________________________________________
Name (Print)Signature

Name (Print) and Title If the “Principal” is doing business as a Corporation, the Bid Bond shall be signed by an officer, i.e., President or Vice President. The signature of the officer shall be attested to by the Secretary and properly sealed.

If the “Principal” is an individual or a partnership, the Bid Bond shall so indicate and be properly signed.

(Corporate Seal)THE SURETY
_________________________________________________________
____________________________________________By_________________________________________________
SecretaryAttorney-in-Fact

THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED.

FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTED POWER OF ATTORNEY WILL RESULT IN THE BIDDER’S PROPOSAL BEING DEEMED NON-RESPONSIVE.

SBP-6.14

Rev 7/2025 image1.jpeg

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