DFS1FD 00 03 25C AIA A310 BID BOND 072226DR.pdf

This is a Bid Bond document issued for Dartmouth Fire District #3 in Massachusetts related to the removal and installation of fuel storage tank, dispenser, and related accessories. The bid bond serves as a guarantee of the bidder's good faith and commitment to execute the contract should their bid be selected. The project involves the selective removal of an existing underground fuel storage tank and accessories, along with the installation of a new above-ground fuel storage tank, fuel dispenser, and related piping and accessories in accordance with the attached contract documents. The estimated project value is One Hundred Eighty-Six Thousand Dollars ($186,000.00).

The bid bond document specifies the required bonding amount and terms that bidders must comply with to be considered for award. The bond ensures that the successful bidder will enter into the contract and provide performance bonding as required. This document is a standard requirement for sealed bid competitions of this nature and protects the government entity by ensuring bidder accountability and financial responsibility throughout the contract award and execution process.