Attachment 6 SF 25 Performance Bond.pdf
PDF 710 KB Posted
- Attached to
- Modernize Building 1 Elevators– USDA, ARS, Athens, Georgia Federal contract opportunity
- Solicitation number
- 1232SA25R0068
About this file
This document is a Standard Form 25 Performance Bond, a legal document used in government contracting to provide financial guarantees for contract performance. The bond serves as a protection mechanism for the United States government, binding the Principal (contractor) and Surety(ies) to fulfill all contract obligations, including performing contract terms, extensions, modifications, and paying government-imposed taxes.
The form is a standardized template revised in October 2023, with an OMB Control Number 9000-0001 and expiration date of 1/31/2027. It provides detailed instructions for completing the bond, including requirements for corporate and individual sureties, signature protocols, and corporate seal applications. The document emphasizes that corporations executing the bond must appear on the Department of the Treasury's list of approved sureties and must operate within specified limitations. Multiple sureties can be involved, with their total liability required to equal 100% of the bond's penal sum.
View the file
Other files for this federal contract opportunity
| File | Type | Posted |
|---|---|---|
| Questions and Answers Solicitation 1232SA25R0068.pdf | ||
| Attachment 1 B1 Elevator SOW.pdf | ||
| Attachment 4 ARS-372.pdf | ||
| Attachment 3 ARS-371.pdf | ||
| Solicitation 1232SA25R0068.pdf | ||
| Attachment 2 Wage Determination- Athens GA.pdf | ||
| Attachment 5 ARS Facilities Design Standards ARS-242.1.pdf | ||
| Attachment 7 SF 25A Payment Bond.pdf |
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Text version
Therefore:
The above obligation is void if the Principal-
(a) (1) Performs and fulfills all the understanding, covenants, terms, conditions, and agreements of the contract during the original term of the contract and any extensions thereof that are granted by the Government, with or without notice of the Surety(ies) and during the life of any guaranty required under the contract, and
(2) Performs and fulfills all the undertakings, covenants, terms, conditions, and agreements of any and all duly authorized modifications of the contract that hereafter are made. Notice of those modifications to the Surety(ies) are waived.
STANDARD FORM 25 (REV. 10/2023)
Prescribed by GSA-FAR (48 CFR) 53.228(b)
Authorized For Local Reproduction Previous Edition Is Not Usable
Performance Bond Date Bond Executed (Must be same or later than date of contract)
OMB Control Number: 9000-0001 Expiration Date: 1/31/2027
Principal (Legal name and business address) Type of Organization ("X" one) Individual Partnership Joint Venture Corporation Other (Specify)
State of Incorporation
Surety(ies) (Name(s) and business address(es)) CentsHundred(s)Thousand(s)Million(s)
Penal Sum of Bond
Contract NumberContract Date
Obligation:
We, the Principal and Surety(ies), are firmly bound to the United States of America (hereinafter called the Government) in the above penal sum. For payment of the penal sum, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally. However, where the Sureties are corporations acting as co-sureties, we, the Sureties, bind ourselves in such sum "jointly and severally" as well as "severally" only for the purpose of allowing a joint action or actions against any or all of us. For all other purposes, each Surety binds itself, jointly and severally with the Principal, for the payment of the sum shown opposite the name of the Surety. If no limit of liability is indicated, the limit of liability is the full amount of the penal sum.
Conditions:
The Principal has entered into the contract identified above.
See Instructions on page 3
(b) Pays to the Government the full amount of the taxes imposed by the Government, if the said contract is subject to 41 USC Chapter 31, Subchapter III, Bonds, which are collected, deducted, or withheld from wages paid by the Principal in carrying out the construction contract with respect to which this bond is furnished.
Individual Surety(ies)
Witness:
The Principal and Surety(ies) executed this performance bond and affixed their seals on the above date.
Name(s) & Title(s) (Typed)
1. 2. 3. Corporate Seal
(Seal) 3.
(Seal) 2.
(Seal) 1.Signature(s)
Principal
(Seal) 2.
(Seal) 1.Signature(s)
2.1.Name(s) (Typed) Corporate Surety(ies)
Corporate Seal
Su re ty B
Name(s) & Title(s) (Typed)
Signature(s)
Name & Address
1.
1.
2.
2.
Liability Limit ($)State of Incorporation
Corporate Seal
Su re ty C
Name(s) & Title(s) (Typed)
Signature(s)
Name & Address
1.
1. 2.
2.
State of Incorporation Liability Limit ($)
Corporate Seal
Su re ty D
Name(s) & Title(s) (Typed)
Signature(s)
Name & Address
1.
1. 2.
2.
State of Incorporation Liability Limit ($)
Corporate Seal
2.
2.
Liability Limit ($)State of Incorporation
Su re ty A
1.
1.
Name(s) & Title(s) (Typed)
Signature(s)
Name & Address
STANDARD FORM 25 (REV. 10/2023) PAGE 2
Corporate Seal2.1.Name(s) &
Title(s) (Typed)
Signature(s) 1. 2.
Liability Limit ($)State of IncorporationName & Address
Su re ty E
Liability Limit ($)
1. This form is authorized for use in connection with Government contracts. Any deviation from this form will require the written approval of the Administrator of General Services.
2. Insert the full legal name and business address of the Principal in the space designated "Principal" on the face of the form. An authorized person shall sign the bond. Any person signing in a representative capacity (e.g., an attorney-in-fact) must furnish evidence of authority if that representative is not a member of the firm, partnership, or joint venture, or an officer of the corporation involved.
3. (a) Corporations executing the bond as sureties must appear on the Department of the Treasury's list of approved sureties and must act within the limitations listed therein. The value put into the Liability Limit block is the penal sum (i.e., the face value) of bonds, unless a co-surety arrangement is proposed.
(b) When multiple corporate sureties are involved, their names and addresses shall appear in the spaces (Surety A, Surety B, etc.) headed "Corporate Surety(ies)." In the space designated "Surety(ies)" on the face of the form, insert only the letter identifier corresponding to each of the sureties. Moreover, when co-surety arrangements exist, the parties may allocate their respective limitations of liability under the bonds, provided that the sum total of their liability equals 100% of the bond penal sum.
(c) When individual sureties are involved, a completed Affidavit of Individual Surety (Standard Form 28) for each individual surety shall accompany the bond. The government may require the surety to furnish additional substantiating information concerning its financial capability.
STANDARD FORM 25 (REV. 10/2023) PAGE 3
Corporate Surety(ies) (continued)
Corporate Seal
State of Incorporation
2.
2.
1.
1.Name(s) &
Title(s) (Typed)
Signature(s)
Name & Address
Su re ty F
Corporate Seal
Liability Limit ($)State of Incorporation
2.
2.
1.
1.Name(s) &
Title(s) (Typed)
Signature(s)
Name & Address
Su re ty G
Total ($)Rate Per Thousand ($)
Instructions
Bond Premium
4. Corporations executing the bond shall affix their corporate seals. Individuals shall execute the bond opposite the words "Corporate Seal", and shall affix an adhesive seal if executed in Maine, New Hampshire, or any other jurisdiction requiring adhesive seals.
5. Type the name and title of each person signing this bond in the space provided.
STANDARD FORM 25 (REV. 10/2023) PAGE 4
Paperwork Reduction Act Statement
This information collection meets the requirements of 44 USC § 3507, as amended by section 2 of the
Paperwork Reduction Act of 1995. You do not need to answer these questions unless we display a valid
Office of Management and Budget (OMB) control number. The OMB control number for this collection is
9000-0001. We estimate that it will take 1 hour to read the instructions, gather the facts, and answer the questions. Send only comments relating to our time estimate, including suggestions for reducing this burden, or any other aspects of this collection of information to: U.S. General Services Administration, Regulatory Secretariat Division (MVCB), 1800 F Street, NW, Washington, DC 20405.
Therefore:
The above obligation is void if the Principal-
(a) (1) Performs and fulfills all the understanding, covenants, terms, conditions, and agreements of the contract during the original term of the contract and any extensions thereof that are granted by the Government, with or without notice of the Surety(ies) and during the life of any guaranty required under the contract, and
(2) Performs and fulfills all the undertakings, covenants, terms, conditions, and agreements of any and all duly authorized modifications of the contract that hereafter are made. Notice of those modifications to the Surety(ies) are waived.
STANDARD FORM 25 (REV. 10/2023)
Prescribed by GSA-FAR (48 CFR) 53.228(b) Authorized For Local Reproduction Previous Edition Is Not Usable Performance Bond Date Bond Executed (Must be same or later than date of contract) OMB Control Number: 9000-0001 Expiration Date: 1/31/2027 Principal (Legal name and business address) Type of Organization ("X" one) State of Incorporation Surety(ies) (Name(s) and business address(es)) Cents Hundred(s) Thousand(s) Million(s) Penal Sum of Bond Contract Number Contract Date Obligation:
We, the Principal and Surety(ies), are firmly bound to the United States of America (hereinafter called the Government) in the above penal sum. For payment of the penal sum, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally. However, where the Sureties are corporations acting as co-sureties, we, the Sureties, bind ourselves in such sum "jointly and severally" as well as "severally" only for the purpose of allowing a joint action or actions against any or all of us. For all other purposes, each Surety binds itself, jointly and severally with the Principal, for the payment of the sum shown opposite the name of the Surety. If no limit of liability is indicated, the limit of liability is the full amount of the penal sum.
Conditions:
The Principal has entered into the contract identified above.
See Instructions on page 3
(b) Pays to the Government the full amount of the taxes imposed by the Government, if the said contract is subject to 41 USC Chapter 31, Subchapter III, Bonds, which are collected, deducted, or withheld from wages paid by the Principal in carrying out the construction contract with respect to which this bond is furnished.
Individual Surety(ies) Witness:
The Principal and Surety(ies) executed this performance bond and affixed their seals on the above date.
Name(s) & Title(s) (Typed) 1.
2.
3.
Corporate Seal (Seal) 3.
(Seal) 2.
(Seal) 1.
Signature(s) Principal (Seal) 2.
(Seal) 1.
Signature(s) 2.
1.
Name(s) (Typed) Corporate Surety(ies) Corporate Seal Surety B Name(s) & Title(s) (Typed) Signature(s) Name & Address 1.
1.
2.
2.
Liability Limit ($) State of Incorporation Corporate Seal Surety C Name(s) & Title(s) (Typed) Signature(s) Name & Address 1.
1.
2.
2.
State of Incorporation Liability Limit ($) Corporate Seal Surety D Name(s) & Title(s) (Typed) Signature(s) Name & Address 1.
1.
2.
2.
State of Incorporation Liability Limit ($) Corporate Seal 2.
2.
Liability Limit ($) State of Incorporation Surety A 1.
1.
Name(s) & Title(s) (Typed) Signature(s) Name & Address
STANDARD FORM 25 (REV. 10/2023) PAGE 2
Corporate Seal 2.
1.
Name(s) & Title(s) (Typed) Signature(s) 1.
2.
Liability Limit ($) State of Incorporation Name & Address Surety E Liability Limit ($)
1. This form is authorized for use in connection with Government contracts. Any deviation from this form will require the written approval of the Administrator of General Services. 2. Insert the full legal name and business address of the Principal in the space designated "Principal" on the face of the form. An authorized person shall sign the bond. Any person signing in a representative capacity (e.g., an attorney-in-fact) must furnish evidence of authority if that representative is not a member of the firm, partnership, or joint venture, or an officer of the corporation involved. 3. (a) Corporations executing the bond as sureties must appear on the Department of the Treasury's list of approved sureties and must act within the limitations listed therein. The value put into the Liability Limit block is the penal sum (i.e., the face value) of bonds, unless a co-surety arrangement is proposed. (b) When multiple corporate sureties are involved, their names and addresses shall appear in the spaces (Surety A, Surety B, etc.) headed "Corporate Surety(ies)." In the space designated "Surety(ies)" on the face of the form, insert only the letter identifier corresponding to each of the sureties. Moreover, when co-surety arrangements exist, the parties may allocate their respective limitations of liability under the bonds, provided that the sum total of their liability equals 100% of the bond penal sum. (c) When individual sureties are involved, a completed Affidavit of Individual Surety (Standard Form 28) for each individual surety shall accompany the bond. The government may require the surety to furnish additional substantiating information concerning its financial capability.
STANDARD FORM 25 (REV. 10/2023) PAGE 3
Corporate Surety(ies) (continued) Corporate Seal State of Incorporation 2.
2.
1.
1.
Name(s) & Title(s) (Typed) Signature(s) Name & Address Surety F Corporate Seal Liability Limit ($) State of Incorporation 2.
2.
1.
1.
Name(s) & Title(s) (Typed) Signature(s) Name & Address Surety G Total ($) Rate Per Thousand ($) Instructions \\iaimain\apps1\Pam_Ward\Logos\Pointer.jpg Image of a right triangle shaped arrow pointing to the next field: Rate Per Thousand ($).
Bond Premium
4. Corporations executing the bond shall affix their corporate seals. Individuals shall execute the bond opposite the words "Corporate Seal", and shall affix an adhesive seal if executed in Maine, New Hampshire, or any other jurisdiction requiring adhesive seals.
5. Type the name and title of each person signing this bond in the space provided.
STANDARD FORM 25 (REV. 10/2023) PAGE 4
Paperwork Reduction Act Statement This information collection meets the requirements of 44 USC § 3507, as amended by section 2 of the Paperwork Reduction Act of 1995. You do not need to answer these questions unless we display a valid Office of Management and Budget (OMB) control number. The OMB control number for this collection is 9000-0001. We estimate that it will take 1 hour to read the instructions, gather the facts, and answer the questions. Send only comments relating to our time estimate, including suggestions for reducing this burden, or any other aspects of this collection of information to: U.S. General Services Administration, Regulatory Secretariat Division (MVCB), 1800 F Street, NW, Washington, DC 20405.
8.2.0.3062.1.452232.445150 Standard Form 25 - Performance Bond
| Date Bond Executed (Must be same or later than date of contract). Enter 2 digit month, 2 digit day and 4 digit year.: |
| Enter the Principal (Legal Name and Business Address).: |
| Enter the Million(s) amount for the Penal Sum of Bond.: |
| Click here to select "Individual" for the Type of Organization.: 0 |
| Click here to select "Partnership" for the Type of Organization.: 0 |
| Click here to select "Joint Venture" for the Type of Organization.: 0 |
| Click here to select "Corporation" for the Type of Organization.: 0 |
| Click here to select "Other" for the Type of Organization.: 0 |
| Enter the State of Incorporation. : |
| Enter the Surety(ies) (Name(s) and Business Address(es)).: |
| Enter the Cents amount for the Penal Sum of Bond. : |
| Enter the Hundred(s) amount for the Penal Sum of Bond.: |
| Enter the Thousand(s) amount for the Penal Sum of Bond.: |
| Enter the Contract Number.: |
| Enter the Contract Date (enter 2 digit month, 2 digit day and 4 digit year).: |
| Enter the Name(s) and Title(s) for the First Principal.: |
| Enter the Name(s) and Title(s) for the Second Principal, if applicable.: |
| Enter the Name(s) and Title(s) for the Third Principal, if applicable.: |
| Sign here if you are the first to represent the Corporate Surety (Surety G).: |
| Enter the Name(s) of the Second Individual Surety(ies), if applicable.: |
| Enter the Name(s) of the First Individual Surety(ies).: |
| Enter the Name and Address for the Corporate Surety (Surety G).: |
| Enter the Name(s) and Title(s) for the First Corporate Surety (Surety G).: |
| Enter the Name(s) and Title(s) for the Second Corporate Surety (Surety G), if applicable. : |
| Enter the Liability Limit (in dollars) for the Corporate Surety (Surety G).: |
| Enter the State of Incorporation for the Corporate Surety (Surety G).: |
| Enter the Total (in dollars) for the Bond Premium.: |
| Enter the Rate Per Thousand (in dollars) for the Bond Premium.: |
File details come from the government source that posted it. Updated .