Appendix B3 - Bid Bond DRDC Security Replacement.pdf

108 KB Posted

Attached to
CTF DRDC Electronic Security System Repl IFB1 TBD CMS210627
Solicitation number
IFB1 CBAA 2027000022 1
Issued by
El Paso County, Colorado Springs City, Colorado

About this file

Written by GovTribe AI ·

This is a Bid Bond form issued by the State of Colorado Office of the State Architect for the Colorado Department of Corrections' DRDC Electric Security System Replacement project (Project No. 2025-008M25). The document serves as a proposal guaranty requirement for bidders submitting proposals for this security system replacement initiative. Bidders are required to submit this bond with their proposal in an amount equal to five percent (5%) of the total bid price as a condition of proposal acceptance. The bond must remain in full force and effect for thirty (30) days after proposal opening, or until the successful bidder executes the required Agreement, furnishes the Performance Bond, Labor and Material Payment Bond, insurance documentation, and related certifications.

The Bid Bond specifies that failure to provide a properly executed bond accompanied by a properly executed Power of Attorney will result in the bidder's proposal being deemed non-responsive. The bond is executed jointly and severally by both the Principal (bidder) and the Surety (bonding company), with the Principal's signature requiring attestation by corporate officers when applicable. The five percent (5%) bond amount serves as liquidated damages in the event the Principal defaults on its obligations or fails to execute the required contract documents and insurance within the prescribed timeframe following bid acceptance.

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Appendix A - Info for Bidders DRDC Security Replacement.pdf PDF
Appendix E - Sample Apprenticeship Utilization Certifications.pdf PDF
Appendix B2 - Unit Pricing DRDC Electronic Security System Repl.pdf PDF
Appendix B - Bid Form DRDC Security Replacement.pdf PDF
CTS Consent to Search AR 300-27C (rev 030124).pdf PDF
Appendix F - Sample DBB Contractors Agreement SC6.21.pdf PDF
IFB 2027000022 DRDC Electronic Security System Repl.pdf PDF
Appendix C Sample Direct Labor Burden Calculation.pdf PDF
Appendix B1 - Bid Alternates DRDC Electronic Security System Repl.pdf PDF
Planholder Agmt LCF Rooftop Units Replacement.pdf PDF
Appendix D - Applicable Prevailing Wage - Fringe Rates.pdf PDF
Appendix F - Sample General Conditions SC6.23.pdf PDF
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SBP-6.14

Rev 7/2025

FSTATE OF COLORADO

OFFICE OF THE STATE ARCHITECT

STATE BUILDINGS PROGRAM

BID BOND

Institution or Agency: Colorado Department of Corrections / Facility Management Services

Project No./Project Name: 2025-008M25 / DRDC Electric Security System Replacement

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., 20 .

(Corporate Seal) THE PRINCIPAL

Company Name

ATTEST _________________________________________________

Address

City, State Zip Code

By ________________________________________ _________________________________________________

Name (Print) Signature

Name (Print) and Title

SBP-6.14

Rev 7/2025

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_________________________________________________

Secretary Attorney-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.

KNOW ALL MEN BY THESE PRESENTS:

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