Appendix F - Sample Perform Bond.docx
DOCX document 37 KB Posted
- Solicitation number
- 25-00017
- Issued by
- Adams County, Asotin County, Benton County, Chelan County, Clallam County, Clark County, Columbia County, Cowlitz County, Douglas County, Ferry County, Franklin County, Garfield County, Grant County, Grays Harbor County, Island County, Jefferson County, King County, Kitsap County, Kittitas County, Klickitat County, Lewis County, Lincoln County, Mason County, Okanogan County, Pacific County, Pend Oreille County, Pierce County, San Juan County, Skagit County, Skamania County, Snohomish County, Spokane County, Stevens County, Thurston County, Wahkiakum County, Walla Walla County, Whatcom County, Whitman County, Yakima County, Asotin City, Clarkston City, Clarkston Heights-Vineland CDP, West Clarkston-Highland CDP, Benton City, Chelan City, Chelan Falls CDP, Clallam Bay CDP, Lewisville CDP, Rock Island City, Pacific Beach CDP, Whidbey Island Station CDP, Mercer Island City, Pacific City, Bainbridge Island City, Kingston CDP, Kitsap Lake CDP, Kittitas City, Klickitat CDP, Okanogan City, Anderson Island CDP, Fort Lewis CDP, Fox Island CDP, Herron Island CDP, Ketron Island CDP, North Fort Lewis CDP, Raft Island CDP, Stevenson City, Hat Island CDP, Lake Stevens City, Snohomish City, Spokane City, Spokane Valley City, Puget Island CDP, Garfield Town, Yakima City, Washington
About this file
This is a Sample Performance Bond document issued by the Washington Department of Fish & Wildlife (WDFW) for use in connection with the Sale of Surplus Salmon Carcasses & Eggs from WDFW Hatcheries contract opportunity (Contract Number K-25-00017). The performance bond serves as a surety agreement between a principal contractor, an insurance company surety, and the State of Washington to ensure faithful performance of the public service contract. The bond obligates the principal and surety to perform the contract terms to the satisfaction of WDFW and to pay all persons who furnish labor or materials in connection with the contract work. The principal must also indemnify and hold harmless the obligee from all costs and damages resulting from the principal's default or failure to perform.
The performance bond contains standard legal provisions including a waiver of notice for contract alterations, extensions, or forbearance by WDFW or the principal. The bond specifies that no right of action accrues to any party other than the obligee (WDFW), and establishes a two-year statute of limitations for any suit or action brought by the obligee to recover on the bond, with the period commencing from the date the principal ceased work on the contract. The bond amount is to be filled in based on the estimated volume of sales for the surplus salmon carcasses and eggs, reflecting the dollar value of the procurement. Bidders must obtain a performance bond from an insurance company authorized to do business in Washington State and submit it with their response to the solicitation.
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Other files
| File | Type | Posted |
|---|---|---|
| Appendix E - Bidder Profile.docx | DOCX document | |
| Appendix I - Certification of Workers Rights.docx | DOCX document | |
| Appendix B - Specifications.docx | DOCX document | |
| Appendix H - Certifications and Assurances.docx | DOCX document | |
| 25-00017 - RFQQ - Surplus Carcass and Eggs.docx | DOCX document | |
| Appendix G - Complaint Protest Process.docx | DOCX document | |
| Appendix K - SAMPLE Contract.docx | DOCX document | |
| Appendix D - Questionnaire.docx | DOCX document | |
| Appendix A - Competitive Procurement Standards.pdf | ||
| Appendix J - Hatchery Location Map.docx | DOCX document | |
| Appendix C - Bid Sheet.xlsx | XLSX spreadsheet | |
| 25-00017 RFQQ - Amendment 1.docx | DOCX document |
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Text version
SAMPLEAPPENDIX F
PERFORMANCE BOND
| [COMPANY LOGO] |
| [NAME OF BOND] |
| NAME OF INSURANCE COMPANY |
NAME OF HOME OFFICE AND LOCATION
KNOW ALL BY THESE PRESENTS, That we, _________ (called Principle), as Principal, and [NAME OF INSURANCE COMPANY] a [TYPE OF BUSINESS] corporation of Washington (called Surety), as Surety, are held and firmly bound unto the State of Washington, Department of (called Obligee) in the sum of ________________ dollars ($_________) for the payment whereof Principle and Surety bind themselves, their legal representatives, successors and assigns jointly and severally, firmly by these presents. Said obligation shall be payable upon demand by Obligee.
WHEREAS, Principle has entered into a written Public Service Contract dated _________ with Obligee for Contract Number K_________, dated _________ for the _____________________________ (called Contract), a copy of which Contract is hereto annexed and made a part of hereof as fully as if set forth herein.
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS AS FOLLOWS:
If Principle shall faithfully perform such Contract to the satisfaction of Obligee and pay all persons who have furnished labor or material for use in or about the Contract and shall indemnify and save harmless Obligee from all costs and damage by reason of Principle’s default or failure so to do, then this obligation shall be null and void; otherwise it shall remain in full force and effect. Surety hereby waives notice of any alteration, extension or forbearance as to any of the terms of the Contract other than the terms of payment thereunder, made or extended by Obligee or Principle.
NO RIGHT OF ACTION shall accrue upon or by reason hereof to, or for the use or benefit of, anyone other than the Obligee herein named.
NO SUIT, ACTION OR PROCEEDING by the Obligee to recover on this bond shall be sustained unless the same be commenced within two (2) years following the date on which Principal ceased work on the Contract.
Signed and sealed this ________________ day of _________, 20____.
[NAME OF PURCHASER]
By: __________________________________________________ Principal
[NAME OF INSURANCE COMPANY]
By: __________________________________________________
WDFW RFQQ 25-00017 – Appendix F Page 1 of 1
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