Attachment_S_Certification_to_Furnish_Performance_&_Payment_Bond.pdf

This is a Performance and Payment Bond Certification document issued by the District of Columbia Department of General Services for the Design-Build Services for Hendley ES Modernization project. The certification establishes the bonding requirements that the selected design-builder contractor must satisfy as a condition of contract award and performance. The document outlines the mandatory submission of both performance bonds and payment bonds, which serve as financial guarantees that the contractor will complete the project according to specifications and pay all subcontractors, laborers, and material suppliers involved in the modernization of Hendley Elementary School, located at 425 Chesapeake Street SE, Washington, DC.

The certification specifies the bond amounts required, typically calculated as a percentage of the total contract value, and identifies the bonding company or surety that must issue these bonds. The document requires the contractor to provide evidence of the bonds prior to commencing work and maintains these bonds throughout the duration of the project to ensure financial protection for the District and all parties involved in the construction and design phases. The bonds serve as a risk mitigation mechanism, guaranteeing that the approximately 79,575 square-foot facility renovation and new construction, including site improvements and outdoor educational areas, will be completed as contracted and that all financial obligations to workers and suppliers will be fulfilled.