Bid Bond.docx
DOCX document 20 KB Posted
- Attached to
- 6130-EGBA- SUNLIGHT / LeVITA: RN-15-0114
- Solicitation number
- RFP EGBA 2015000114 4
- Issued by
- Garfield County, Denver City, Colorado
About this file
This is a Bid Bond form issued by the State of Colorado Office of the State Architect for State Buildings Programs projects. The document establishes the bonding requirements and conditions for contractors submitting proposals to the state. Bidders are required to submit a bid bond in an amount equal to five percent (5%) of their total proposal price as a condition of proposal acceptance. The principal must maintain the proposal in full force and effect for thirty (30) days following the opening of proposals. If the principal's proposal is accepted, the contractor must execute the required agreement, furnish a Performance Bond, Labor and Material Payment Bond, insurance documentation, and submit a Certification and Affidavit Regarding Illegal Aliens within the prescribed timeframe.
The bid bond serves as a guarantee of the bidder's good faith and obligates the principal and surety jointly and severally. The bond amount will be forfeited as liquidated damages if the principal defaults on its obligations or fails to execute the required contract documents and bonds within the specified timeframe. The surety must be a corporation authorized to transact business in Colorado and must provide a properly executed power of attorney, effectively dated, along with the bid bond. Failure to submit a properly executed bid bond accompanied by the required power of attorney will result in the bidder's proposal being deemed non-responsive. The form requires appropriate signatures and corporate seals based on whether the principal is a corporation, individual, or partnership.
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Other files
| File | Type | Posted |
|---|---|---|
| Bid Alternates.doc | DOC document | |
| PerfBond.docx | DOCX document | |
| APPENDIX F- Budget Sunlite.doc | DOC document | |
| Questions & Responses .docx | DOCX document | |
| Appendix B (1).docx | DOCX document | |
| BuildingCodeCompliancePolicy.pdf | ||
| MBond.docx | DOCX document | |
| Appendix D- Specifications.docx | DOCX document | |
| Appendix B (2).docx | DOCX document | |
| RFP-2015000114 Sunlight.docx | DOCX document | |
| Appendix C .docx | DOCX document | |
| Attachment B-SitePlan.pdf | ||
| Attachment C-GroundPlanDet.pdf | ||
| RFP-2015000114 Sunlight MOD1.docx | DOCX document | |
| Bid Form.docx | DOCX document | |
| Attachment D-GeotechReport.pdf | ||
| Attachment A-approvedstatebldgcode.pdf |
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Text version
STATE OF COLORADO
OFFICE OF THE STATE ARCHITECT
STATE BUILDINGS PROGRAMS
BID BOND
Institution/Agency:
Project No./Name:
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS, hereinafter called the “PRINCIPAL”, is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO, hereinafter called the “OBLIGEE”.
WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with the PROPOSAL GUARANTY in an amount not less than five per cent (5%) of the Proposal, which sum it is specifically agreed is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in pursuance of which Requirement, this Bid is made, executed and delivered.
NOW THEREFORE, the Principal and a corporation of the State of , duly authorized to transact business in Colorado, as Surety, are held and firmly bound unto the Obligee, in the sum of five per cent (5%) of the Principal’s total bid price, lawful money of the United States for the payment of which sum, well and truly to be made to the Obligee, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
FURTHER THAT, a condition of the obligation that the Principal shall maintain his Proposal in full force and effect for thirty (30) days after the opening of the proposals for the project, or, if the Principal’s Proposal is accepted, the Principal shall, within the prescribed time, execute the required Agreement, furnish the required Performance Bond, Labor and Material Payment Bond, Insurance Policy, Certificates of Insurance and Certification and Affidavit Regarding Illegal Aliens, then this obligation shall be null and void, otherwise it shall remain in full force and effect, and subject to forfeiture upon demand as Liquidated Damages.
IN WITNESS WHEREOF said Principal and Surety have executed this Bond, this day of , A.D., 20 .
(Corporate Seal)
THE PRINCIPAL
Company Name
ATTEST
Address (including city, state and zip)
Secretary
Phone number:
Name (Print)
Signature
Name (Print) and Title
SIGNATURES If the “Principal” is doing business as a Corporation, the Bid Bond shall be signed by an officer, i.e., President or Vice President. The signature of the officer shall be attested to by the Secretary and properly sealed.
If the “Principal” is an individual or a partnership, the Bid Bond shall so indicate and be properly signed.
(Corporate Seal) THE SURETY
| By __________________________________________ | ||
| Secretary | Attorney-in-Fact |
THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED.
FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTED POWER OF ATTORNEY WILL RESULT IN THE BIDDER’S PROPOSAL BEING DEEMED NON-RESPONSIVE.
State Form SBP-6.14 Rev. 10/2006 image1.png
File details come from the government source that posted it. Updated .