Attachment_F_AM_1Bond_Form.pdf
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- Solicitation number
- 2026-PURB RFP-0006
- Issued by
- Sacramento County, San Francisco City, California
About this file
This is a Payment Bond Form for the County of Sacramento's electronic waste processing contract. The bond form establishes the contractual obligations between the Principal (contractor), the Surety (bonding company), and the Obligee (County of Sacramento). The bond guarantees performance of work under the e-waste contract and ensures payment to all laborers, subcontractors, and applicable state agencies, including compliance with California Civil Code Sections 9550-9566 and the Unemployment Insurance Code. The bond amount, execution date, and signatory information require completion prior to contract execution. The form requires original signatures from both the Principal and the Surety's Attorney-in-Fact, with the latter requiring notarization and accompanied by a current power of attorney document. The County requires submission of one hardcopy bond bearing original signatures.
The bond amount must equal one hundred percent of the agreement value plus early termination fees, as referenced in the related RFP for collection, recycling, and reporting of covered electronic waste (CEW), uncovered waste electronic devices (UWED), recyclable electric equipment materials (REEM), and universal waste (UWASTE). The performance bond is a mandatory contractual requirement for the selected contractor and provides protection to all parties named in California Civil Code Section 9554 who perform labor or provide materials for the project. The Surety waives notice of any changes, extensions, alterations, or additions to contract terms, specifications, or work scope and waives provisions of California Civil Code Sections 2819 and 2845.
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Text version
Contract No. XXXXX Attachment F - Bond
Forms
P A Y M E N T B O N D
BOND NO. PREMIUM
KNOW ALL PERSONS BY THESE PRESENTS, that
WHEREAS, the Governing Board of the County of Sacramento, a political subdivision of the State of California, hereinafter designated as the “Obligee”, has on
[DATE], awarded to [CONTRACTOR], hereinafter designated as the “Principal,” a contract for the Processing of E-Waste Contract No. XXXXX; and
WHEREAS, said Principal is required to furnish a bond in connection and with said contract, providing that if said Principal, or any of its subcontractors, fail to meet the performance of the work contracted to be done, or for any early termination penalty as described in Exhibit C of the Contract, the Surety on this bond will pay the same to the extent hereinafter set forth:
NOW, THEREFORE, we, the Principal, and as Surety, are held and firmly bound unto the Obligee in the penal sum of _____________ lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators and successors, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH that if said Principal, or any of its subcontractors shall fail to pay any of the persons named in Section 9100 of the Civil Code of the State of California, or any amounts due under the Unemployment Insurance Code with respect to such work or labor performed under the contract, or for any amounts required to be deducted, withheld, and paid over to the Employment Development
Department of the State of California, from the wages of employees of the Principal and subcontractors pursuant to Section 13020 of the Unemployment Insurance Code of the
State of California with respect to such work or labor, as required by the provisions of
Section 9550 and following of the Civil Code of the State of California, then said Surety will pay the same in or to an amount not exceeding the amount herein above set forth.
This bond is issued pursuant to Civil Code Sections 9550 through 9566 of the State of California and shall insure to the benefit of any and all persons, companies, and corporation names in Section 9554 of said Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.
The said Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the contract or to the work to be performed thereunder or the specifications accompanying the same shall, in any way, affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration, or addition to the terms of the contract or to the work or to the specifications. Said Surety hereby waives the provisions of Section 2819 and 2845 of the Civil Code of the State of California.
IN WITNESS WHEREOF, the above bounden parties have executed this instrument under their seals this _________ day of ____________________, 20__, the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body.
[Contractor] Principal
By ______________________________ Signature for Principal
Title of Signatory
(SEAL) __________________________________
Surety Company
By _______________________________ Signature for Surety
Title of Signatory
The County requires one (1) submitted hardcopy bond bearing original signatures. The signature of the Attorney-in-Fact for the Surety must be acknowledged by a Notary Public. This bond must be accompanied by a current power of attorney appointing such Attorney-in-Fact. (rev20201005)
File details come from the government source that posted it. Updated .