Bid Bond Form.pdf
PDF 40 KB Posted
- Attached to
- BOILER MAINTENANCE
- Solicitation number
- ARFQ 0512 WSH2700000003 1
- Issued by
- Kanawha County, West Virginia
About this file
This is a Bid Bond Form required by the State of West Virginia Department of Administration for the Boiler Maintenance contract opportunity. The bond form establishes a binding agreement between a principal bidder and a surety company, with the State of West Virginia serving as the obligee. The form requires completion of project-specific details including the agency requisition/purchase order number, the penal sum amount, and identification of both the principal and surety parties. The bond serves as a guarantee that if the principal's bid is accepted, the bidder will execute the contract in accordance with the submitted proposal, furnish any required bonds and insurance, and perform all obligations created by bid acceptance. The document must be executed and sealed by authorized representatives of both the principal and surety, with execution occurring on a specified date.
The surety company executing the bond must be licensed in West Virginia to transact surety insurance and must affix its corporate seal along with a power of attorney to the document. The surety's liability is capped at the penal sum stated on the bond and cannot exceed that amount regardless of claims presented. The form includes a waiver provision in which the surety agrees that any extension of the time for the obligee to accept the bid shall not impair the bond's obligations, and the surety waives notice of any such extensions. This standard bid bond protects the State of West Virginia by ensuring bidder performance and compliance with contract terms upon bid acceptance.
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Other files
| File | Type | Posted |
|---|---|---|
| Exhibit B.docx | DOCX document | |
| OSAFederalFundsContractClauseAddendum.pdf | ||
| Final_ARFQ_0512_WSH2700000003_1_WV_ARFQ_FORM.PDF | ||
| TCA.pdf | ||
| RFQ Specifications.docx | DOCX document | |
| BondPerform.pdf | ||
| Bid Bond Instructions.pdf | ||
| BondLaborMat.pdf | ||
| Exhibit C.xlsx | XLSX spreadsheet | |
| WV43.pdf | ||
| WV72 Drug Free Coversheet.pdf | ||
| WV36.pdf | ||
| WV73 Drug Free Affidavit.pdf | ||
| Purchasing Affidavit.pdf | ||
| Exhibit A.xlsx | XLSX spreadsheet |
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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: WV OSA / DHF |
| undefined: ARFQ WSH27*3 |
| 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 .