Bid Bond Form.pdf
PDF 40 KB Posted
- Solicitation number
- ARFQ 0512 WSH2600000006 2
- Issued by
- Lewis County, West Virginia
About this file
This is a Bid Bond Form document issued by the State of West Virginia Department of Administration. The bond serves as a financial guarantee that a bidder will enter into a contract if their bid is accepted. The form requires submission of the bid bond along with the bid proposal to the Purchasing Section of the Department of Administration. The bond obligates both the principal (bidder) and surety (bonding company) to ensure the principal performs all requirements of the contract, including furnishing any additional bonds, insurance, and other obligations specified in the bid documents.
The bid bond establishes a penal sum that represents the maximum liability of the surety. The surety executing the bond must be licensed in West Virginia to transact surety insurance, must affix its official seal, and must attach a power of attorney with its seal affixed. The bond becomes null and void only if the bid is rejected or if the bid is accepted and the principal fully performs all contract obligations. The surety waives notice of any extension of the time period for bid acceptance, and the surety's obligations remain in full force and effect regardless of such extensions. Authorized representatives such as the president, vice president, or duly authorized agent of both the principal and surety must execute and seal the bond document.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| WV36.pdf | ||
| WV73 Drug Free Affidavit.pdf | ||
| OSAFederalFundsContractClauseAddendum.pdf | ||
| Bid Bond Instructions.pdf | ||
| TCA.pdf | ||
| Purchasing Affidavit.pdf | ||
| WV43.pdf | ||
| Final_ARFQ_0512_WSH2600000006_2_WV_ARFQ_FORM.PDF | ||
| WV75 - Construction Bid Submission Review.pdf | ||
| RFQ Specifications.docx | DOCX document | |
| BondLaborMat.pdf | ||
| BondPerform.pdf | ||
| EXHIBIT B - Mandatory Project Plans.docx | DOCX document | |
| EXHIBIT A - Pricing Page.xlsx | XLSX spreadsheet | |
| WV72 Drug Free Coversheet.pdf | ||
| Addendum #1 Forms.docx | DOCX document | |
| Final_ARFQ_0512_WSH2600000006_1_WV_ARFQ_FORM.PDF | ||
| Addendum #1 Q&A.docx | DOCX document |
Show all 18
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Agency
REQ.P.O#
BID BOND
KNOW ALL MEN BY THESE PRESENTS, That we, the undersigned, of , , as Principal, and of , , a corporation organized and existing under the laws of the State of with its principal office in the City of , as Surety, are held and firmly bound unto the State of West Virginia, as Obligee, in the penal sum of ($ ) for the payment of which, well and truly to be made, we jointly and severally bind ourselves, our heirs, administrators, executors, successors and assigns.
The Condition of the above obligation is such that whereas the Principal has submitted to the Purchasing Section of the
Department of Administration a certain bid or proposal, attached hereto and made a part hereof, to enter into a contract in writing for
NOW THEREFORE,
(a) If said bid shall be rejected, or
(b) If said bid shall be accepted and the Principal shall enter into a contract in accordance with the bid or proposal attached hereto and shall furnish any other bonds and insurance required by the bid or proposal, and shall in all other respects perform the agreement created by the acceptance of said bid, then this obligation shall be null and void, otherwise this obligation shall remain in full force and effect. It is 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 the 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 Obligee may accept such bid, and said Surety does hereby waive notice of any such extension.
WITNESS, the following signatures and seals of Principal and Surety, executed and sealed by a proper officer of Principal and
Surety, or by Principal individually if Principal is an individual, this day of , 20 .
Principal Seal (Name of Principal)
By
(Must be President, Vice President, or Duly Authorized Agent)
(Title)
Surety Seal (Name of Surety)
Attorney-in-Fact
IMPORTANT – Surety executing bonds must be licensed in West Virginia to transact surety insurance, must affix its seal, and must attach a power of attorney with its seal affixed.
| REQPO: WVOSA |
| undefined: ARFQ WSH26*6 |
| of: |
| undefined_2: |
| as Principal and: |
| of_2: |
| undefined_3: |
| a corporation organized and existing under the laws of the State of: |
| undefined_4: |
| with its principal office in the City of: |
| of West Virginia as Obligee in the penal sum of: |
| as Surety are held and firmly bound unto the State: |
| well and truly to be made we jointly and severally bind ourselves our heirs administrators executors successors and assigns: |
| undefined_5: |
| Department of Administration a certain bid or proposal attached hereto and made a part hereof to enter into a contract in writing for 1: |
| Department of Administration a certain bid or proposal attached hereto and made a part hereof to enter into a contract in writing for 2: |
| Department of Administration a certain bid or proposal attached hereto and made a part hereof to enter into a contract in writing for 3: |
| Surety or by Principal individually if Principal is an individual this: |
| 20: |
| undefined_6: |
| Name of Principal: |
| Title: |
| Name of Surety: |
File details come from the government source that posted it. Updated .