CM-05_Updated_July_2026.pdf

PDF 129 KB Posted

Attached to
BPS Safety Exterior Signage
Solicitation number
EV00018084
Issued by
Suffolk County, Massachusetts

About this file

This is a Performance Bond form (CM-05) issued by the City of Boston, applicable to the BPS Safety Exterior Signage contract. The bond is a standard instrument requiring surety company commitment to ensure contractor performance of all work, materials, and labor specified in the referenced contract. The bond obligates the surety to complete the contract work if the contractor abandons the project or discontinues work, and it remains in full force regardless of any changes, extensions, or alterations to the contract terms. The bond form includes signature blocks for the principal contractor, surety company representative (attorney-in-fact), and corporate seal affixation, along with required information fields for the bonding company's state of incorporation, Massachusetts place of business, and company officers' names.

The performance bond is required for the BPS Safety Exterior Signage contract, which carries a maximum contract value of $90,000 for fabrication, delivery, installation, removal, and repair of signage at Boston Public Schools facilities. The bond is issued in July 2026 and incorporates all applicable Massachusetts statutory requirements, including those mandated under M.G.L. Chapter 149. The form has been approved as to form by Corporation Counsel and is void if altered in any manner. No specific bond amount is preprinted on the form; the actual bond amount will be determined based on the final contract award and is to be completed by the parties at execution.

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Herald-BPS_Signage.pdf PDF
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EV00018084_BPS_Safety_Exterior_Signage.pdf PDF
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Text version

PERFORMANCE BOND

Published July 2026

CM-05

City of Boston Contract Number:

The undersigned surety company hereby binds itself, its successors and assigns to pay to the City of Boston the sum of Bond Amount This obligation is upon the condition that if the party(s) designated in the contract referenced above as Contractor and all subcontractors under such contract shall faithfully furnish and perform everything required to be furnished and performed by them under such contract during its original term and any extension(s) thereof granted by the City, and during the life of any guaranty required under the Contract, and for all labor performed or furnished, and for all materials used in the carrying out of such contract, then this obligation shall become and be null and void; otherwise it shall be and remain in full force and effect.

In the event that the referenced Contract is abandoned by the Contractor, or the work of the Contractor is discontinued under the provisions of the Contract, said Surety hereby further agrees that it shall, if requested in writing by the City, take such action as is necessary to complete said Contract.

For value received, said Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said Contract, to the work to be performed thereunder, or to the Contract Documents accompanying the same shall in any way affect its obligation on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition.

This bond shall be construed in accordance with all applicable laws governing the referenced Contract, and any statutory conditions or obligations mandated for a bond of this nature are hereby incorporated by reference.

Signed, and sealed and delivered on by

Date

Principal Name

Principal Signature

Surety Name

Surety Signature (Attorney-in-fact)

Bond Company

Incorporated in the State of (enter state)

President Name

Treasurer Name

Place of Business / Address in Massachusetts

APPROVED AS TO FORM BY CORPORATION COUNSEL JULY, 2026

THIS FORM IS VOID AND WITHOUT LEGAL EFFECT IF ALTERED IN ANY WAY

Affix Corporate Seal Here

Bond Amount:
Date:
Principal Name:
Principal Signature:
0:
Surety Name:
Suerty Signature:
1:
Bonding Company State of Incorporation:
Contract Number:
Name of Bonding Company President:
Name of Bonding Company Treasurer:
Place of business of Bonding Corporation in Massachusetts:

File details come from the government source that posted it. Updated .