Attachment 0004 Payment Bond.pdf

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Attached to
Building 623 Drop Ceiling Grid System Replacement - Devens, MA
Solicitation number
W15QKN-26-Q-A141
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This is Standard Form 25A (SF 25A), the Payment Bond form used in federal contracting to protect parties supplying labor and material to a contractor. The form is prescribed by the General Services Administration (GSA) under 48 CFR 53.228(c) and has an OMB control number of 9000-0001 with an expiration date of January 31, 2027.

The Payment Bond form requires identification of the Principal (contractor), Type of Organization, State of Incorporation, Surety(ies) information, Penal Sum of Bond amount, Contract Date, and Contract Number. The Principal and Surety(ies) bind themselves to the United States Government for payment of the penal sum to all persons having a direct relationship with the Principal or its subcontractors for furnishing labor, material, or both in prosecution of the identified contract and any authorized modifications. The obligation is void if the Principal promptly makes payment to all such persons. The form accommodates multiple Individual and Corporate Sureties, with provisions for co-surety arrangements where liability allocations may be distributed provided the total equals 100% of the bond penal sum. Corporations executing the bond must affix corporate seals and provide state of incorporation and liability limits; individuals must execute the bond opposite the words "Corporate Seal" and affix an adhesive seal if executed in certain jurisdictions. The form is authorized for local reproduction, and instructions specify that an Affidavit of Individual Surety (Standard Form 28) must accompany the bond for each individual surety involved.

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