Bid Bond & Anti-Collusion Document.pdf

PDF 98 KB Posted

Attached to
Steel Radio Towers
Solicitation number
300000210296475
Issued by
Missouri

About this file

This is a Bid Bond and Anti-Collusion Document for the State of Missouri, specifically the Missouri Highways and Transportation Commission, related to a bid for furnishing Steel Radio Towers. The document establishes the requirements for bond execution and anti-collusion certification that bidders must submit with their proposals. The principal bidder must secure a corporate surety authorized to conduct surety business in Missouri to execute the bid bond. Upon acceptance of the bid, the principal must properly execute and deliver the contract and contract bond in compliance with all proposal requirements, specifications, and applicable law to the satisfaction of the Commission.

The bid bond serves as a financial guarantee with a penal sum to be forfeited to the State Road Fund if the principal fails to comply with bid acceptance requirements or contract execution obligations. The Commission is entitled to recover the full penal sum, court costs, attorney's fees, and any other recovery expenses in the event of non-compliance. Additionally, the bidder must execute an anti-collusion statement under oath, certifying that all bid statements and facts are true and correct, and that the bidder has not directly or indirectly entered into agreements, participated in collusion, or taken actions that restrain free competitive bidding. The affiant must further certify that the bidder has no financial interest in or affiliation with any other bidder for the project.

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Addendum 02 - Radio Towers.docx DOCX document
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Text version

BID BOND

KNOW ALL MEN BY THESE PRESENTS, that we as Principal and , as Surety are held and firmly bound unto the STATE OF MISSOURI (acting by and through the Missouri Highways and Transportation Commission) in the penal sum of:

Dollars ($ ) to be paid to the State of Missouri or to the Missouri Highways and Transportation Commission, to be credited to the State Road Fund, the Principal and Surety binding themselves, their heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.

Sealed with our seals and dated this

THE CONDITION OF THIS OBLIGATION is such that:

WHEREAS, the Principal is submitting herewith a bid to the Missouri Highways and Transportation Commission for furnishing Steel Radio Towers as set out in the bid to which this bond is attached.

NOW THEREFORE, if the Missouri Highways and Transportation Commission shall accept the bid of the Principal and if said Principal shall properly execute and deliver to the Missouri Highways and Transportation Commission the contract and contract bond in compliance with the requirements of the proposal, the specifications and the provisions of law, to the satisfaction of the Highways and Transportation Commission, then this obligation shall be void and of no effect, otherwise to remain in full force and effect.

In the event the said Principal shall, in the judgment of the Missouri Highways and Transportation Commission, fail to comply with any requirement as set forth in the preceding paragraph, then the State of Missouri acting through the Missouri Highways and Transportation Commission shall immediately and forthwith be entitled to recover the full penal sum above set out, together with court costs, attorney’s fees and any other expense of recovery.

(SEAL)

Principal

By Signature

(SEAL)

Surety

By Attorney-in-Fact

NOTE: This bond must be executed by the PRINCIPAL and by a CORPORATE SURETY authorized to conduct surety business in the State of Missouri.

ANTI-COLLUSION STATEMENT

STATE OF )

) SS.

COUNTY OF )

being first duly sworn, deposes and says that he is

Title of Person Signing of

Name of Bidder that all statements made and facts set out in the bid for the above project are true and correct; and that the bidder (The person, firm, association, or corporation making said bid) has not, either directly or indirectly, entered into any agreement, participated in any collusion, or otherwise taken any action in restraint of free competitive bidding in connection with such bid or any contract which may result from its acceptance.

Affiant further certifies that bidder is not financially interested in, or financially affiliated with, any other bidder for the above project.

By

Sworn to before me this day of , 20 .

Notary Public

My Commission Expires

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