Bid Bond Form.pdf
PDF 40 KB Posted
- Attached to
- CONVEYER DISHWASHER AND INSTALLATION
- Solicitation number
- ARFQ 0512 WSH2400000005 2
- Issued by
- Lincoln County, West Virginia
About this file
This is a Bid Bond Form required by the State of West Virginia, Department of Administration, for submission with bids on state and local contract opportunities. The bid bond serves as a guarantee that a bidder will execute a contract if their bid is accepted and will furnish any required bonds, insurance, and performance guarantees as specified in the bid documents. The form requires the principal (bidder) and surety (bonding company) to jointly and severally bind themselves to the State of West Virginia in a penal sum to be specified by the contracting agency. The bond becomes null and void if the bid is rejected or if the principal accepts the contract and fulfills all obligations as outlined in the accepted bid proposal.
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 document also bearing the surety's seal. The liability of the surety under this bond is limited to the stated penal amount, and the surety waives notice of any extension of time granted by the obligee for bid acceptance. The form must be executed by an authorized signatory—either the President, Vice President, or a Duly Authorized Agent for the principal, and by an Attorney-in-Fact for the surety—and includes signature and seal blocks for both parties along with the date of execution.
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|---|---|---|
| WV73 Drug Free Affidavit.pdf | ||
| Final_ARFQ_0512_WSH2400000005_1_WV_ARFQ_FORM.PDF | ||
| EXHIBIT B - Project Plans.docx | DOCX document | |
| Final_ARFQ_0512_WSH2400000005_2_WV_ARFQ_FORM.PDF | ||
| OSA Exempt TCA 3_4_24.pdf | ||
| EXHIBIT A - Pricing Page.xlsx | XLSX spreadsheet | |
| Pre-Bid Sign-In Sheet.pdf | ||
| WV72 Drug Free Coversheet.pdf | ||
| Addendum #1 Forms.docx | DOCX document | |
| Bid Bond Instructions.pdf | ||
| OSAFederalFundsContractClauseAddendum.pdf | ||
| WV43.pdf | ||
| WV36.pdf | ||
| BondLaborMat.pdf | ||
| RFQ Specifications.docx | DOCX document | |
| BondPerform.pdf | ||
| WV75 - Construction Bid Submission Review.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: DHF/WRSJH |
| undefined: ARFQ WSH24*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 .