Bid Bond Form.pdf
PDF 475 KB Posted
- Attached to
- BARC Skate Building Improvements Project
- Solicitation number
- 2025-03
- Issued by
- Lake Ketchum CDP, Washington
About this file
The document is a Bid Bond Form for the BARC Skate Building Improvements Project (#2025-03) issued by the Vashon Park District in Vashon, Washington. The bid bond serves as a financial guarantee that ensures the contractor will execute the proposed contract and provide required performance and payment bonds if awarded the project. The bond protects the Vashon Park District (the Owner) by requiring the contractor to either follow through with the contract or pay liquidated damages.
The bond includes specific provisions that the contractor must adhere to, including executing the contract within the time specified in the contract documents. The surety (bonding company) agrees to pay the penal sum as liquidated damages if the contractor fails to fulfill their obligations. The bond also stipulates that the surety will pay all costs incurred by the Owner in the event of a lawsuit, including reasonable attorney's fees. The document provides space for the contractor, surety, and attorney-in-fact to sign, with a requirement that the attorney-in-fact must attach a copy of their power of attorney as evidence of their authority.
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Other files
| File | Type | Posted |
|---|---|---|
| Bid Form.pdf | ||
| Contract.pdf | ||
| Exhibit 1b - Construction Plans.pdf | ||
| Exhibit 6 - Site Plan.pdf.crdownload | CRDOWNLOAD file | |
| Instructions to Bidders.pdf | ||
| Supplemental - References.pdf | ||
| Exhibit 1a - Construction Plans.pdf | ||
| Invitation to Bid.pdf | ||
| Exhibit 2 - Construction Permit.pdf | ||
| Exhibit 3 - Permit Conditions.pdf | ||
| Exhibit 4 - Other Permit Requirements.pdf | ||
| Exhibit 5 - Trees to Be Removed.pdf |
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Text version
BARC SKATE BUILDING IMPROVEMENTS PROJECT
PROJECT #2025 - 03
BID BOND FORM
VASHON PARK DISTRICT, VASHON, WASHINGTON
BARC SKATE BUILDING IMPROVEMENTS PROJECT
BID BOND FORM
BOND NO.__________________
AMOUNT $__________________
KNOW ALL MEN BY THESE PRESENTS:
That we,_____________________________________________________________________, as Principal, hereinafter called the Contractor, and________________________________________________________________________, as SURETY, are held and firmly bound unto the Vashon Park District as OBLIGEE, hereinafter called the Owner, in the penal sum of_________________________________Dollars($________________________________) for the payment of which Contractor and Surety bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THIS BOND IS SUCH THAT: WHEREAS the Contractor is herewith submitting a Bid Proposal for the above referenced project. Project and said Bid Proposal, by reference thereto, being hereby made a part hereof.
NOW, THEREFORE, if the said Bid Proposal submitted by the Contractor is accepted and the Contract awarded to the Contractor and if the Contractor shall execute the proposed Contract and shall furnish the Performance and Payment Bond as required by the Bidding and Contract Documents within the time fixed by said Contract Documents, then this obligation shall be void; if the Contractor shall fail to execute the proposed Contract and furnish the required bond, the SURETY hereby agrees to pay to the Owner the penal sum as liquidated damages. Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety’s consent for an extension beyond sixty
(60) days.
In the event suit is brought upon this bond by said OBLIGEE and judgment is recovered, said SURETY shall pay all costs incurred by said OBLIGEE in such suit, including a reasonable attorney's fee to be fixed by the court.
Signed and sealed this __________ day of__________________________, 2025.
CONTRACTOR
By __________________________________
SURETY
By___________________________________
ATTORNEY-IN-FACT
The Attorney-in-Fact who executes this bond in behalf of the SURETY must attach a copy of his power of attorney as evidence of his authority.
END OF SECTION
File details come from the government source that posted it. Updated .