ATT B Bid Bond Form Aldrich Ponds Timber Sale.docx
DOCX document 29 KB Posted
- Solicitation number
- S-63500-00010361
- Issued by
- Grant County, Oregon
About this file
This document is a Bid Bond Form for the Aldrich Ponds Timber Sale ITB #S-63500-00010361 issued by the State of Oregon. The purpose of this ITB is to establish a contract for the harvest of timber on 312 acres of the Phillip W. Schneider Wildlife Area located in Grant County, Oregon. The successful bidder will be required to complete the Project Work and Timber Harvesting Operations as outlined in the Sample Contract (Attachment A). The Bid Bond Form binds the Principal (bidder) and Surety (bonding company) to pay the State of Oregon 10% of the total bid amount if the Principal is awarded the contract but fails to enter into and execute the contract or provide the required performance and payment bonds within the specified timeframe.
The ITB is being issued by the State of Oregon for a project located in Grant County. No pricing terms, set asides, incumbents, or funding details are provided in this specific document.
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Text version
OregonBuys ITB #S-63500-00010361 Aldrich Ponds Timber Sale
Part IV
ATTACHMENT B
STATE OF OREGON
BID BOND FORM
We, _____________________________________, as “Principal,” (Name of Principal) and ___________________________________, an _________________ Corporation, (Name of Surety) authorized to transact Surety business in Oregon, as “Surety,” hereby jointly and severally bind ourselves, our respective heirs, executors, administrators, successors and assigns to pay unto the State of Oregon (“Obligee”) the sum of ($____________________________)
_________________________________________________________________ dollars.
WHEREAS, the condition of the obligation of this bond is that Principal has submitted its proposal or bid to an agency of the Obligee in response to Obligee’s procurement document (No. __________________) for the project identified as:
_____________________________________________________________________ which proposal or bid is made a part of this bond by reference, and Principal is required to furnish bid security in an amount equal to ten (10%) percent of the total amount of the bid pursuant to the procurement document and ORS 279C.365(4) for competitive bidding or 279C.400(5) for competitive proposals.
NOW, THEREFORE, if the proposal or bid submitted by Principal is accepted, and if a contract pursuant to the proposal or bid is awarded to Principal, and if Principal enters into and executes such contract within the time specified in the procurement document and executes and delivers to Obligee its good and sufficient performance and payment bonds required by Obligee, as well as any required proof of insurance, within the time fixed by Obligee, then this obligation shall be void; otherwise, it shall remain in full force and effect.
IN WITNESS WHEREOF, we have caused this instrument to be executed and sealed by our duly authorized legal representatives this ________________day of _________________________, 20__.
PRINCIPAL: ______________________________ SURETY: __________________________
| By________________________________________ | BY ATTORNEY-IN-FACT: | |
| Signature |
| ___________________________________________ | ___________________________________ | ||
| Official Capacity | Name |
| Attest: ____________________________________ | ___________________________________ | ||
| Corporation Secretary | Signature |
| ___________________________________ | |
| Address |
| ____________________________________ | ||||||
| City | State | Zip | ||||
| _______________ | _________________ | |||||
| Phone | Fax | |||||
| DAS Form (3/05) | GENL8396 |
File details come from the government source that posted it. Updated .