B-01._Bid_Bond_(00525848).pdf
PDF 242 KB Posted
- Attached to
- City Hall Restroom Floor Replacement
- Solicitation number
- IFB- 24 - 217
- Issued by
- Pinellas County, Florida
About this file
This is a Bid Bond form issued by the City of St. Petersburg, Florida, for the Removal and Re-installation of City Hall Restroom Floors project. The bond serves as a guarantee that a bidder, if awarded the contract, will execute a written contract with the City within ten consecutive calendar days after written notice of award and furnish the required performance bond in an amount equal to one hundred percent of the bid amount. The project involves flooring replacement in thirteen restrooms located at St. Petersburg City Hall, 175 5th Street North, St. Petersburg, Florida 33701, including basement facilities and restrooms on the first, second, and third floors. Work must be completed outside regular business hours (Monday through Friday, 8:00 AM to 5:00 PM) and choreographed to maintain at least one functioning restroom per floor throughout the project duration. The bond requires submission of either a certified check, cashier's check, or bid bond equivalent to five percent of the total bid amount as a condition of bid submission.
The bid bond specifies that failure of the Principal to enter into the written contract and furnish the required performance bond within the specified timeframe will result in forfeiture of the bond amount as liquidated damages to the City. The bond requires execution by both the Principal (the bidding contractor) and the Surety, with the Surety's attorney-in-fact providing a signature supported by a copy of a power of attorney attested by the corporate secretary of the surety company. The Principal must authenticate the bond through either a corporate seal or two witness signatures. The form was last updated in September 2020 and includes a unique bond number reference (00525848) for tracking and identification purposes.
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Text version
BID BOND
BOND # ____________________
STATE OF FLORIDA
(COUNTY OF ________________)
(CITY OF ___________________)
KNOW ALL MEN BY THESE PRESENTS:
That we, (hereinafter called “Principal”) (Name of Corporation, Partnership, or LLC) located at __________________________________________________, (____)___________, (Principal Business Address) (Phone Number) and (hereinafter called “Surety”) (Name of Surety) located at __________________________________________________, (____)___________, (Surety Business Address) (Phone Number) are held and firmly bound unto the City of St. Petersburg, Florida (hereinafter called "City") in the sum of: Dollars ($ ) lawful money of the United States of America, 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.
WHEREAS, the Principal: contemplates submitting or has submitted a Bid to the City for:
Removal and Re-installation of City Hall Restroom Floors
WHEREAS, it was a condition precedent to the submission of said Bid that a certified check, cashier's check or Bid Bond in the amount of five percent (5%) of the Bid be submitted with said Bid as a guarantee that, if awarded the contract, the Principal would, within ten (10) consecutive calendar days after written notice of award (or such longer period of time agreed to by the City), enter into a written contract with the City and furnish the required performance bond (or alternate form of security permitted by applicable laws) in an amount equal to one hundred percent (100%) of the Bid satisfactory to the City.
NOW, THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that if the Bid and the Principal herein be accepted and within ten (10) consecutive calendar days after written notice of award (or such longer period of time agreed to by the City) said Principal enter into a written contract with the City, and furnish the required performance bond (or alternate form of security permitted by applicable laws) in an amount equal to one hundred percent (100%) of the Bid, satisfactory to the City, then this obligation shall be void; otherwise, the sum herein stated shall be due and payable to the City and the Surety herein agrees to pay said sum immediately upon demand of said City, in good and lawful money of the United States of America, as liquidated damages for failure thereof of said Principal.
IN TESTIMONY WHEREOF, the hands and seals of the parties hereto this _____ day of __________________, 20____.
SURETY:
SURETY NAME
BY:
(Signature of Attorney-in-Fact)
(Print or Type Name of Attorney-in-Fact)
(Florida license # of Attorney-in-Fact)
Note: A copy of a power of attorney attested by the corporate secretary of the Surety evidencing the Attorney-in-Fact named above is currently authorized to execute this bond on behalf of the Surety must be attached to this bond.
PRINCIPAL:
PRINCIPAL NAME
BY:
(Signature)
(Print or Type Name and Title)
Check applicable box below (check only one box):
Principal has a seal. If checked, attest and impress Principal’s seal:
ATTEST:
BY:
(Signature)
(Print or Type Name)
Principal has no seal. If checked, provide two witness signatures:
WITNESS 1 for Principal:
BY:
(Signature)
(Print or Type Name)
WITNESS 2 for Principal:
BY:
(Signature)
(Print or Type Name)
00525848 September 2020
Principal
Seal
Surety
Seal
| BOND: |
| COUNTY OF: |
| CITY OF: |
| That we: |
| located at: |
| undefined: |
| undefined_2: |
| and: |
| located at_2: |
| undefined_3: |
| undefined_4: |
| sum of: |
| Dollars: |
| IN TESTIMONY WHEREOF the hands and seals of the parties hereto this: |
| 20: |
| undefined_5: |
| SURETY NAME: |
| PRINCIPAL NAME: |
| Print or Type Name of AttorneyinFact: |
| Print or Type Name and Title: |
| Florida license of AttorneyinFact: |
| Principal has a seal If checked attest and impress Principals seal: Off |
| Print or Type Name: |
| Principal has no seal If checked provide two witness signatures: Off |
| Print or Type Name_2: |
| Print or Type Name_3: |
File details come from the government source that posted it. Updated .