Bid Bond.docx
DOCX document 22 KB Posted
- Solicitation number
- BPM038361
- Issued by
- Anne Arundel County, Annapolis City, Maryland
About this file
This document is a Bid Bond for the B-450-210-001 Gold Star Family Memorial infrastructure improvement project in Annapolis, Maryland. The project is being solicited by the State of Maryland, with the primary jurisdictions involved being Anne Arundel County and the City of Annapolis. The Bid Bond binds the Principal and Surety to the State in the amount specified in the Principal's bid, should the Principal be awarded the contract but fail to execute the required contractual documents or provide the necessary bonds within the specified timeframe. The Bid Bond will remain valid for the bid acceptance period, plus an additional 90 calendar days.
The summary of key details does not include any pricing terms, set asides, incumbents, funding requirements, or other salient information, as these details are not provided in the given document. The document focuses solely on the Bid Bond requirements for the specified infrastructure improvement project.
View the file
Other files
Show all 19
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Bid Bond Bond No. __________________ We, _______________________________ as Principal, hereinafter called the Principal, and ____________________________, a corporation duly organized under the laws of the State of __________________, as Surety, hereinafter called the Surety, are held and firmly bound unto the State of Maryland, hereinafter called "State", for the sum of _______________________________________ for the payment of which sum, the Principal and the Surety bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
WHEREAS, the Principal has submitted a bid for B-450-210-001 Gold Star Family Memorial:
NOW, THEREFORE, if the Principal, upon acceptance by the State of its bid identified above, within the period specified therein for acceptance (ninety (90) days, if no period is specified), shall execute such further contractual documents, if any, and give such bond(s) as may be required by the terms of the bid as accepted within the time specified (ten (10) days if no period is specified) after receipt of the forms, or in the event of failure so to execute such further contractual documents and give such bonds, if the Principal shall pay the State the difference not to exceed the penalty hereof between the amount specified in Principal's bid and such larger amount for which the State may in good faith contract with another party to perform the work covered by said bid, then the above obligation shall be void and of no effect.
The Surety executing this instrument hereby agrees that its obligation shall not be impaired by any extension(s) of the time for acceptance of the bid that the Principal may grant to the State, notice of which extension(s) to the Surety being hereby waived; provided that such waiver of notice shall apply only with respect to extensions aggregating not more than ninety (90) calendar days in addition to the period originally allowed for acceptance of the bid.
Individual Principal
In Presence of:
Witness
(Name) as to
(SEAL)
Partnership Principal
In Presence of:
Witness
(Name) as to
(SEAL)
Partner as to
(SEAL)
Partner as to
(SEAL)
Partner
Corporate Principal
Attest:
(Name of Corporation) AFFIX SEAL
By:
Secretary
President
Attest:
(Surety)
By:
Attorney-in-fact AFFIX
SEAL
Bonding Agent’s Name
Agent’s Address:
Approved as to form and legal sufficiency this ____ day of _____ 20___
Assistant Attorney General
Bid Bond Page-1 effective date: May 1, 2018
File details come from the government source that posted it. Updated .