BOLI Public Works Bond Form~1.pdf
PDF 190 KB Posted
- Solicitation number
- S-C14005-00014216
- Issued by
- Hood River County, Oregon
About this file
This document is a Statutory Public Works Bond Form issued by the State of Oregon for the Oregon Bureau of Labor and Industries (BOLI). The bond is a mandatory requirement for contractors or subcontractors wishing to work on public works projects, with a penal sum of $30,000. The bond ensures that workers performing labor on public works projects will be paid unpaid wages as determined by BOLI, in accordance with Oregon Revised Statutes (ORS) Chapter 279C and Oregon Administrative Rules (OAR) Chapter 839.
The bond becomes effective upon execution by both the principal and surety and remains in continuous effect until depleted by claims or cancelled by the surety with 30 days' written notice to the principal, Construction Contractors Board, and BOLI. The surety's liability is limited to the bond's penalty amount, and cancellation does not relieve the surety of responsibility for claims related to work performed during contracts entered before cancellation. The bond is specifically designed to protect workers' wage claims and is a statutory requirement for public works project eligibility in the State of Oregon.
View the file
Other files
Show all 11
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
Exhibit 6D - BOLI Public Works Bond Form https://www.oregon.gov/boli/WHD/PWR/docs/public_works_bond.pdf
STATE OF OREGON
STATUTORY PUBLIC WORKS BOND
Surety bond#: CCB # (if applicable): _
We, , as principal, and , a corporation qualified and authorized to do business in the State of Oregon, as surety, are held and firmly bound unto the State of Oregon for the use and benefit of the Oregon Bureau of Labor and Industries (BOLI) in the sum of thirty thousand dollars ($30,000) lawful money of the United States of America to be paid as provided in ORS chapter 279C, as amended by Oregon Laws 2005, chapter 360, for which payment well and truly to be made, we bind ourselves, our heirs, personal representatives, successors and assigns, jointly and severally, firmly by this agreement.
WHEREAS, the above-named principal wishes to be eligible to work on public works project(s) subject to the provisions of ORS chapter 279C, as amended by Oregon Laws 2005, chapter 360, and is, therefore, required to obtain and file a statutory public works bond in the penal sum of $30,000 with good and sufficient surety as required pursuant to the provisions of section 2, chapter 360, Oregon Laws 2005, conditioned as herein set forth.
NOW, THEREFORE, the conditions of the foregoing obligations are that if said principal with regard to all work done by the principal as a contractor or subcontractor on public works project(s), shall pay all claims ordered by BOLI against the principal to workers performing labor upon public works projects for unpaid wages determined to be due, in accordance with ORS chapter 279C, as amended by Oregon Laws 2005, chapter 360, and OAR Chapter 839, then this obligation shall be void; otherwise to remain in full force and effect.
This bond is for the exclusive purpose of payment of wage claims ordered by BOLI to workers performing labor upon public works projects in accordance with ORS chapter 279C, as amended by Oregon Laws 2005, chapter 360.
This bond shall be one continuing obligation, and the liability of the surety for the aggregate of any and all claims which may arise hereunder shall in no event exceed the amount of the penalty of this bond.
This bond shall become effective on the date it is executed by both the principal and surety and shall continuously remain in effect until depleted by claims paid under ORS chapter 279C, as amended by Oregon Laws 2005, chapter 360, unless the surety sooner cancels the bond. This bond may be cancelled by the surety and the surety be relieved of further liability for work performed on contracts entered after cancellation by giving 30 days' written notice to the principal, the Construction Contractors Board, and BOLI. Cancellation shall not limit the responsibility of the surety for the payment of claims ordered by BOLI relating to work performed during the work period of a contract entered into before cancellation of this bond.
IN WITNESS WHEREOF, the principal and surety execute this agreement. The surety fully authorizes its representatives in the State of Oregon to enter into this obligation.
SIGNED, SEALED AND DATED this day of , 20
Surety by: Principal by:
(Seal) Company Name Name
Signature Signature
Title (e.g. Attorney-in-Fact) Title
Address Address
City State Zip City State Zip
Community Development Block Grant Management Handbook- 2024 https://www.oregon.gov/boli/WHD/PWR/docs/public_works_bond.pdf
File details come from the government source that posted it. Updated .