Bid_Bond.pdf
PDF 13 KB Posted
- Attached to
- Mallard Avenue Bridge #1339
- Solicitation number
- CT223-17
- Issued by
- Boise County, Idaho
About this file
The document is a Bid Bond form for the Ada County Highway District (ACHD), designed to accompany a bid submission for the Mallard Avenue Bridge #1339 project in Idaho. The bid bond represents a financial guarantee of 10% of the total proposal amount, ensuring that if the principal (bidder) is awarded the contract, they will enter into the agreement within ten days and provide required performance and payment bonds. The bond becomes void if the bidder fulfills these conditions, otherwise remaining in full force.
The bid bond does not specify exact pricing or funding details but serves as a standard procurement mechanism to protect the Ada County Highway District's interests during the bidding process. The form is marked as optional for use by the contractor and bonding company, with a requirement that the surety agent's power-of-attorney must be attached. The document provides signature lines for the principal, surety, witnesses, and corporate attestation, creating a legally binding instrument that ensures bidder accountability in the public works contracting process.
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Other files
| File | Type | Posted |
|---|---|---|
| Mallard_Avenue_Bridge_#1339_(Addendum_#3_Revision).pdf | ||
| Sample_Agreement.pdf | ||
| Plan_Sheets_1-9.pdf | ||
| Vicinity_Map.pdf | ||
| CAD_FILES_-_FOR_VIEWING_PURPOSES_ONLY.dwg | DWG drawing | |
| Floodplain.pdf | ||
| Geotechnical_Report.pdf | ||
| Special_Provisions_-_Utility_Info.pdf | ||
| Environmental_Documents.pdf | ||
| Erosion_and_Sediment_Control_Template.pdf |
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Text version
BID BOND
KNOW ALL MEN BY THESE PRESENTS, that we ___________________________________ _____________________________________ of _____________________________________ as Principal, and ______________________________________________________________ as Surety, are held and firmly bound unto the Ada County Highway District (hereinafter called ACHD) in the full and penal sum of ten percent (10%) of the total amount of the proposal of said Principal for the work hereinafter described, for the payment of which will and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, firmly by these presents.
The condition of this obligation is such that whereas the Principal has this day submitted a sealed proposal for:
(Contract Name)
(Contract Number)
NOW, THEREFORE, if said Principal shall be awarded and shall duly make and enter into a contract with ACHD in accordance with the terms of said proposal and award, and shall within ten
(10) days (not including Saturdays, Sundays and legal holidays) after presentation of the contract furnish Performance and Labor and Material Payment bonds, then this obligation shall be null and void; otherwise, it shall be and remain in full force and effect.
IN WITNESS WHEREOF, the above bounden parties have executed this instrument this _____ day of _______________, 2022.
Witness: (if Individual or Firm)
Principal:
Attest: (if Corporation) By:
Title:
Corporate Seal:
Attest
Surety:
By:________________________________ (Signature)
(Print Name)
(Title)
SURETY AGENT'S POWER-OF-ATTORNEY MUST BE ATTACHED
NOTE:
This form is included for optional use by the Contractor and Bonding Company.
File details come from the government source that posted it. Updated .