Bid_Bond_.docx
DOCX document 34 KB Posted
- Attached to
- Chemical, 50% Sodium Hydroxide (Caustic Soda)
- Solicitation number
- IFB- 27 - 007
- Issued by
- Pinellas County, Florida
About this file
This is a bid bond template issued by the City of St. Petersburg, Florida, for use in conjunction with the procurement of chemical supplies, specifically 50% sodium hydroxide (caustic soda) for delivery to three Water Resource Facilities. The bid bond serves as a guarantee that a bidder who submits an offer will enter into a written contract with the City if awarded and will furnish the required performance bond within ten consecutive calendar days after written notice of award. The procurement involves supplying and delivering sodium hydroxide on an as-needed basis to COSME Water Treatment Plant (6,550-gallon storage capacity), Oberly Pump Station (1,050-gallon storage capacity), and Washington Terrace Pump Station (1,050-gallon storage capacity). Bulk deliveries to COSME WTP are anticipated at approximately 13 dry tons per order with estimated annual usage of 50 dry tons, while mini-bulk deliveries to the two pump stations are expected at approximately 5 tons per delivery with combined estimated annual usage of 50 tons.
The bid bond requires submission of a certified check, cashier's check, or bid bond in the amount of five percent of the total bid value as a guarantee of good faith. If the Principal fails to enter into a written contract and provide a performance bond equal to one hundred percent of the bid amount within the specified timeframe, the surety agrees to pay the bid bond amount to the City as liquidated damages. The bond must be executed by an Attorney-in-Fact of the surety with proper authorization documentation attached, and the Principal must attest to the bond either by corporate seal or through two witness signatures.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| Chemical,_50%_Sodium_Hydroxide_(Caustic_Soda).pdf | ||
| Agreement.pdf | ||
| FILLABLE_BEP_NON-USE_BEP_FORM_B.pdf | ||
| FILLABLE_LETTER_OF_INTENT_BEP-FORM_A.pdf | ||
| Performance_&_Payment_Bond_.DOCX | DOCX document | |
| Public_Construction_Bond.docx | DOCX document | |
| Shelterd_BID_-_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 .