Bid_Bond.docx
DOCX document 24 KB Posted
- Attached to
- Railroad Boring Services Briarwood Road State and local contract opportunity
- Solicitation number
- 2026-RFB-008
- Issued by
- Hampton County, South Carolina
About this file
This is a Bid Bond document for the Greenwood Metropolitan District in South Carolina related to the Railroad Bore - Briarwood Road Project (2026-RFB-008, CSX# 1061258). The bid bond serves as a guarantee that the principal contractor will execute a written contract upon bid acceptance and fulfill all obligations associated with the project. Sealed responses for these railroad boring services on Briarwood Road must be submitted through the District's eProcurement Portal at https://procurement.opengov.com/portal/gmdsc prior to 4:00 pm on Tuesday, October 27, 2026, with late responses not accepted.
The bid bond requires the principal and surety to be jointly and severally bound in a penal sum amount to be specified, with the surety's liability capped at that stated amount. The bond obligates the contractor to execute the contract in the prescribed form, furnish a performance and payment bond, and meet all other terms and conditions established by the bid acceptance. The surety waives notice of any extension of the time period for the owner to accept the bid, and the bond remains in effect unless the bid is rejected or the contractor fully performs all contract obligations upon acceptance.
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Other files for this state and local contract opportunity
| File | Type | Posted |
|---|---|---|
| Railroad_Boring_Services_Briarwood_Road.pdf | ||
| Payment_Bond.docx | DOCX document | |
| CSX1061258_-Greenwood_Metropolitan_District_Agreement_-_signed_by_GMD.pdf | ||
| Proposed_Standard_Form_of_Agreement.doc | DOC document | |
| 2024_Design_Manual_w-Appendices.pdf | ||
| For_Information_Only_-_SAMPLE_of_Special_Provisions_Forms.docx | DOCX document | |
| 01212_-_Performance_Bond.docx | DOCX document | |
| Certificate_of_Owner's_Attorney.docx | DOCX document | |
| Old_Briarwood_Rd_CSX_Agreement_-_April_1995.pdf | ||
| Briarwood_Road_Original_DWG.pdf | ||
| Woodlawn_FM_Plans_(Bid_Set).pdf | ||
| Bid_Forms_(For_Physical_Submittals).pdf | ||
| Sample_Term_Agreement.docx | DOCX document |
Show all 13
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Text version
PENAL SUM FORM
PENAL SUM FORM
SECTION 01142
BID BOND
KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned _________________________________ ___________________________________________________________________________as Principal, and _________________________________________________________________________as Surety, are Hereby held and firmly bound unto GREENWOOD METROPOLITAN DISTRICT as Owner, in the penal sum amount of __________________________________________________________________Dollars (words), $_________________________._____ (numbers) for the payment of which, well and truly to be made, we hereby jointly and severally bind ourselves, our heirs, executors, administrators, successors and assigns. Signed this ______day of ________________________ , 20 ____.
The Condition of the above obligation is such that whereas the Principal has submitted to Owner a certain BID, attached hereto and hereby made a part hereof, to enter into a contract in writing, for the construction of: Railroad Bore – Briarwood Road Project 2026-RFB-008 (CSX# 1061258)
NOW, THEREFORE,
(a) If the said BID shall be rejected, or in the alternate,
(b) If said BID shall be accepted and the Principal shall execute and deliver a contract in the Form of Contract attached hereto (properly completed in accordance with said BID) and shall furnish a BOND for his faithful performance of said contract, and for the payment of all persons performing labor or furnishing materials in connection therewith, and shall in all other respects perform the agreement created by the acceptance of said BID, then this obligation shall be void, otherwise the same shall remain in force and effect; it being expressly understood and agreed that the liability of the Surety for any and all claims hereunder shall, in no event, exceed the penal amount of this obligation as herein stated.
The Surety, for value received, hereby stipulates, and agrees that the obligations of said Surety and its BOND shall be in no way impaired or affected by any extension of the time within which the OWNER may accept such BID; and said Surety does hereby waive notice of any such extension.IN WITNESS WHEREOF, the Principal and the Surety have hereunto set their hands and seals, and such of them as are corporations have caused their corporate seals to be hereto affixed and these presents to be signed by their proper officers, the day and year first set forth above.
| ______________________________________ |
| Principal |
| ______________________________________ |
| Surety |
By: ______________________________________
SEAL
END SECTION 01142
| Greenwood Metropolitan district 00410 -2 | 07-065.1 |
| Greenwood Metropolitan District | 01142 - 1 |
File details come from the government source that posted it. Updated .