Bid_Bond_.docx
DOCX document 34 KB Posted
- Attached to
- Citywide Custom Uniform & Apparel Services
- Solicitation number
- IFB- 26 - 208
- Issued by
- Pinellas County, Florida
About this file
This is a Bid Bond template document issued by the City of St. Petersburg, Florida, establishing the required bonding instrument for the Citywide Custom Uniform & Apparel Services solicitation (IFB 26-208). The bid bond serves as a guarantee that a bidder, upon being awarded the contract, will execute a written contract with the City and furnish the required performance bond within ten consecutive calendar days of written notice of award. The bond amount must equal five percent of the total bid submission. Bidders must submit either a certified check, cashier's check, or completed bid bond with their proposal. The template requires identification of the principal (bidding contractor), the surety company, the bond amount in U.S. dollars, and project information specific to the solicitation. Execution requires signatures from authorized representatives of both the surety and principal, with the surety's attorney-in-fact providing a notarized signature and Florida license number, and the principal providing either a corporate seal attestation or two witness signatures depending on organizational structure.
The bid bond template imposes liquidated damages provisions whereby failure of the principal to enter into the written contract and provide the performance bond as specified results in the immediate forfeiture of the bond amount to the City. A power of attorney document from the surety's corporate secretary must be attached to validate the attorney-in-fact's authority to execute the bond. This instrument is a standard pre-award requirement designed to ensure bidder responsibility and good faith participation in the competitive procurement process for the uniform and apparel services contract.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| Citywide_Custom_Uniform_&_Apparel_Services_(Addendum_#2_Revision).pdf | ||
| Work_Uniforms,_Previous_Award_Bid_Tabulation.pdf | ||
| Citywide_Custom_Uniform_&_Apparel_Services.pdf | ||
| Logos.pdf | ||
| Agreement.pdf | ||
| Agreement.pdf | ||
| Logos.pdf | ||
| Shelterd_BID_-_Subcontractor_Summary_Spreadsheet_.xlsx | XLSX spreadsheet | |
| FILLABLE_BEP_NON-USE_BEP_FORM_B.pdf | ||
| Public_Construction_Bond.docx | DOCX document | |
| Bid_Bond_.docx | DOCX document | |
| FILLABLE_BEP_NON-USE_BEP_FORM_B.pdf | ||
| FILLABLE_LETTER_OF_INTENT_BEP-FORM_A.pdf | ||
| Public_Construction_Bond.docx | DOCX document | |
| FILLABLE_LETTER_OF_INTENT_BEP-FORM_A.pdf | ||
| Performance_&_Payment_Bond_.DOCX | DOCX document | |
| Performance_&_Payment_Bond_.DOCX | DOCX document | |
| Shelterd_BID_-_Subcontractor_Summary_Spreadsheet_.xlsx | XLSX spreadsheet | |
| Subcontractor_Summary_Spreadsheet.xlsx | XLSX spreadsheet | |
| Subcontractor_Summary_Spreadsheet.xlsx | XLSX spreadsheet |
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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:
INSERT PROJECT INFORMATION REQUIRED BY DEPARTMENT
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)
Surety Seal
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: Principal Seal
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
File details come from the government source that posted it. Updated .