Attachment V - SF25 Performance Bond.pdf

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Attached to
USCG Wallops Housing Roof Replacement
Solicitation number
70Z02726RFQ000122
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About this file

This is Standard Form 25 (REV. 10/2023), a Performance Bond template prescribed by the General Services Administration under 48 CFR 53.228(b). The form is used in connection with Government contracts to ensure contractor performance and compliance. The bond binds the Principal (contractor) and Surety(ies) jointly and severally to the United States of America for a specified penal sum amount, establishing financial security for contract performance.

Key requirements include that the bond date must be the same as or later than the contract date, and the Principal must perform and fulfill all contract terms, conditions, and agreements during the original contract term and any authorized extensions, with notice to Sureties waived. The form accommodates multiple organizational structures for the Principal (Individual, Partnership, Joint Venture, or Corporation) and supports up to seven corporate sureties or individual sureties, each with defined liability limits that must total 100% of the bond penal sum in co-surety arrangements. Corporate sureties must appear on the Department of Treasury's list of approved sureties and operate within their specified limitations. Individual sureties require a completed Affidavit of Individual Surety (Standard Form 28). The form includes provisions for bond premium calculation and requires proper execution with corporate seals for entities and adhesive seals in specified jurisdictions. The OMB control number is 9000-0001 with an expiration date of 1/31/2027, and the estimated completion time is one hour.

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Other files

File Type Posted
Attachment III - Davis Bacon Act WD Poster.pdf PDF
SF1442.pdf PDF
Attachment I - Statement of Work.pdf PDF
RFQ 70Z02726RFQ000122.pdf PDF
Attachment VI - SF25A Payment Bond.pdf PDF
Attachment II - DBA WD.pdf PDF
Attachment IV - SF24 Bid Bond.pdf PDF

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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 .