Appendix B4 - SBP-6.14 BidBond.docx
DOCX document 25 KB Posted
- Solicitation number
- IFB1-NHAA-2025000029
- Issued by
- Larimer County, Lakewood City, Colorado
About this file
The document is a Bid Bond form for the State of Colorado Office of the State Architect State Buildings Program, involving the Department of Local Affairs for the Fort Lyon Campus in Bent County. The project consists of two separate appropriations for life safety and code improvements across multiple buildings (4, 5, 6, 8, 401, 3, 201, and 221), which are part of a historic district dating back to 1867. The bid bond requires a guarantee of 5% of the total bid price, with the bidder required to maintain their proposal for 30 days after proposal opening and potentially execute an agreement with performance and payment bonds if selected.
The project focuses on upgrading buildings at the Fort Lyon Campus, which previously served as a Navy Hospital, Department of Corrections facility, and is now used for supportive housing and services for homeless veterans. The renovation scope includes accessibility improvements such as restroom and shower modifications, stair and handrail updates, door and hardware changes, emergency lighting installations, exit sign updates, smoke detector implementations, and fire annunciator systems. The bid bond serves as a financial guarantee to ensure the bidder's commitment to the project and protect the state's interests in the event of a default or failure to proceed with the contracted work.
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Text version
STATE OF COLORADO
OFFICE OF THE STATE ARCHITECT
STATE BUILDINGS PROGRAM
BID BOND
| Institution/Agency: |
| Department of Local Affairs |
| Project No./Name: |
| 2021-035M21 - Life Safety & Code Improvements Buildings 4, 5, 6, 8 and 401 and 2024-110M23 Life Safety three buildings 3,201 and 221. |
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, and Certificates of Insurance, 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 (including city, state and zip)
Secretary
Phone number:
Name (Print)
Signature
Name (Print) and Title
SIGNATURES 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.
SBP-6.14
Rev. 7/2022 image1.jpg
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