Bid Bond Form.pdf
PDF 40 KB Posted
- Attached to
- BACKFLOW PREVENTION EQUIPMENT AND INSTALLATION
- Solicitation number
- ARFQ-0512-WSH2500000005-2
- Issued by
- Lewis County, West Virginia
About this file
This document is a Bid Bond form issued by the West Virginia Department of Health and Human Facilities (WVDHF) with a requisition number of ARFQ WSH25-5. The form is a standard legal instrument that provides financial guarantee for a bidder's commitment to enter into a contract if their bid is accepted. The bond ensures that if the principal (bidder) is awarded the contract, they will fulfill the contractual obligations, furnish required bonds and insurance, and perform the agreement as proposed. The document includes provisions for what occurs if the bid is rejected or accepted, with the surety company agreeing to cover potential financial risks.
The bid bond has a penal sum amount left blank, which would be filled in with the specific monetary value representing the financial guarantee. The form requires the principal and surety to be identified, with specific requirements that the surety must be licensed in West Virginia to transact surety insurance, must affix its seal, and attach a power of attorney. The bond can be executed by a proper officer of the principal (president, vice president, or duly authorized agent) and includes spaces for signatures, seals, and other necessary identifying information to make the document legally binding.
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| WV43.pdf | ||
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| BondPerform.pdf | ||
| RFQ Specifications.docx | DOCX document | |
| BondLaborMat.pdf | ||
| OSAFederalFundsContractClauseAddendum.pdf | ||
| Bid Bond Instructions.pdf | ||
| Final_ARFQ_0512_WSH2500000005_2_WV_ARFQ_FORM.PDF | ||
| WV36.pdf | ||
| WV72 Drug Free Coversheet.pdf | ||
| Addendum #1.pdf | ||
| WV73 Drug Free Affidavit.pdf | ||
| EXHIBIT A.xlsx | XLSX spreadsheet | |
| Final_ARFQ_0512_WSH2500000005_1_WV_ARFQ_FORM.PDF | ||
| Purchasing Affidavit.pdf |
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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: WVDHF |
| undefined: ARFQ WSH25*5 |
| 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 .