Bid_Bond.doc
DOC document 47 KB Posted
- Attached to
- Construction, CCADF Sprinkler Heads Replacement
- Solicitation number
- 2026-389
- Issued by
- Collin County, Texas
About this file
This is a Bid Bond form for Collin County, Texas, related to the construction contract for replacement of sprinkler heads at the Collin County Jail. The bond serves as a guaranty that the bidder will execute the Contract and provide required performance and payment bonds if awarded. The bond is structured with a penal sum amount to be determined by the bidder and surety, and it binds both the Principal (contractor) and Surety (bonding company) jointly and severally to Collin County. The bond condition specifies that if the Principal is awarded the contract, it must enter into the Contract and provide any required bonds within the specified timeframe; failure to do so results in forfeiture of the penal sum as liquidated damages. Venue for any legal action is established in Collin County, Texas, and the bond requires identification of the Surety's resident agent for delivery of notice and service of process.
The Bid Bond template requires completion of the Principal's legal entity information, state of incorporation, business address, and Surety company details. A certified copy of the Power of Attorney must be attached to the bond. The bond references the underlying contract for sprinkler head replacement within the Collin County Jail's inmate cell areas (Clusters 1, 3, 4, and 5), with an estimated project cost of $150,000. This bond form was last revised in November 2008 and is a standard requirement for bidders to demonstrate financial commitment and good faith in the bidding process for this Texas county construction project.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| Construction,_CCADF_Sprinkler_Heads_Replacement.pdf | ||
| 206.07.15_CCADF_Sprinkler_Head_Replacement_Specifications_Book.pdf | ||
| LEGAL_NOTICE-2026-389.pdf | ||
| Construction_Agreement.docx | DOCX document | |
| Payment_Bond.pdf | ||
| Performance_Bond.pdf | ||
| 004547-Conflict_of_Interest.pdf | ||
| Construction_Agreement_Architect_2.12.25.docx | DOCX document | |
| Maintenance_Bond.pdf | ||
| 004325_Product_Substitution_Request_Form.docx | DOCX document | |
| W9.pdf |
Show all 11
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Text version
004313 BID BOND
STATE OF TEXAS
COUNTY OF COLLIN
KNOW ALL MEN BY THESE PRESENTS:
THAT
, a corporation organized and existing under the laws of the State of
, and fully authorized to transact business in the State of Texas, whose address is of the City of
County of
, and State of
,(hereinafter referred to as “Principal”), and
(hereinafter referred to as “Surety”, a corporation organized under the laws of the State of and authorized under the laws of the State of Texas to act as surety on bonds for principals, are held and firmly bound unto
(hereinafter referred to as “Owner”) and unto all persons, firms and corporations who may furnish materials for or perform labor upon the buildings, structures or improvements referred to in the attached Contract, , in the penal sum of
Dollars ($
) in lawful money of the United States, for the payment whereof, the said Principal and Surety bind themselves, and their heirs, administrators, executors, successors, and assigns, jointly and severally, firmly by these presents:
SIGNED, SEALED and DATED this day of
WHEREAS, the Principal is herewith submitting its proposal for ___________________________________________.
The condition of the above obligations are such that if the aforesaid Principal shall be awarded the Contract, the said Principal will, within the time required, enter into a Contract and give Bonds, if required, for the faithful performance of the Contract and the prompt payment for labor and materials in the prosecution thereof, then this obligation shall be null and void; otherwise the Principal and Surety will pay unto the OWNER the full penal sum hereof, as liquidated damages, it being difficult and impractical to determine accurately the actual amount of damages occurring to OWNER by reason of Principal’s failure to execute said Contract and Bonds.
PROVIDED FURTHER, that if any legal action be filed on this Bond, venue shall lie in
County, Texas.
The Resident Agent of the Surety for delivery of notice and service of process is:
Name:
Address:
Phone Number:
WITNESS
PRINCIPAL
Printed/Typed Name
Title:
Company:
WITNESS
SURETY
Printed/Typed Name
Title:
Company:
NOTE: CERTIFIED COPY OF POWER-OF-ATTORNEY SHOULD BE ATTACHED HERETO.
Revised 11/2008
File details come from the government source that posted it. Updated .