Exhibit K Bid Bond Form.pdf
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- Solicitation number
- S-R33123-00018104
- Issued by
- Wasco County, Oregon
About this file
This is a Bid Bond Form (Exhibit K) for RFP No. 2026004 issued by the Northern Wasco County People's Utility District in Oregon for Fiber to the Premises (FTTP) Fiber Optic Construction Services. The project involves the installation of aerial and underground fiber optic infrastructure, including service drops and associated network equipment at premises. The District is soliciting bids from licensed and qualified contractors with demonstrated experience in FTTP construction.
The bid bond form establishes a contractual guarantee between the contractor (principal), a surety company authorized to conduct business in Oregon, and the Northern Wasco County People's Utility District (obligee). The bond amount, bond number, and contractor information are to be completed by the bidder. The surety agrees to pay the bond amount as liquidated damages if the contractor fails to execute the proposed contract and furnish required bonds and submittals within the timeframe specified in the contract documents following bid acceptance and contract award. The attorney-in-fact executing the bond on behalf of the surety must provide a copy of their power-of-attorney as evidence of authority.
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Text version
Fiber to the Premises (FTTP) - Fiber Optic Construction Services RFP No.: 2026004
EXHIBIT K
BID BOND FORM
RFP No. 2026004
FIBER TO THE PREMISES (FTTP) - FIBER OPTIC CONSTRUCTION SERVICES
BOND NO. _______________________
AMOUNT: $______________________
KNOW ALL MEN BY THESE PRESENTS, that hereinafter called the CONTRACTOR (Principal), and a corporation duly organized under the laws of the State of having its principal place of business at and authorized to do a general surety business in the State of Oregon, as SURETY, are held and firmly bound unto Northern Wasco County People’s Utility District, hereinafter called the OWNER (Obligee), in the sum of _________________________________________________________ DOLLARS
($____________________) for the payment for which we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THIS BOND IS SUCH THAT:
Fiber to the Premises (FTTP) - Fiber Optic Construction Services RFP No.: 2026004
WHEREAS, the CONTRACTOR is herewith submitting his or its Bid Proposal for the construction of
Columbia Heights Substation to the OWNER, said Bid Proposal, by reference thereto, being hereby made a part hereof.
NOW, THEREFORE, if the 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 bond(s) and other submittals as required by the Contract Documents within the time fixed by the Documents, then this obligation shall be void; if the CONTRACTOR shall fail to execute the proposed Contract and furnish the required bonds, the SURETY hereby agrees to pay to the OBLIGEE the said sum as liquidated damages.
Signed and sealed this _____ day of , 20_____.
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 their power-of-attorney as evidence of his authority.
END OF SECTION
BID BOND FORM
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