F4005 Bid Bond (Exhibit 13)3RD AD.pdf

PDF 115 KB Posted

Attached to
FDOT Generator Installation for Palm Beach County
Solicitation number
ITB-04510
Issued by
Broward County, Fruitville CDP, Florida

About this file

This document is a Bid Bond for a contract opportunity with the Florida Department of Transportation (FDOT) to provide a standby generator system with a 5-year warranty at the Palm Beach Operations Center in West Palm Beach, Florida. The contract opportunity is for constructing or improving a building under Financial Project No. 444755-7-52-01, 444755-7-32-01, and 450056-2-52-01. The Bid Bond requires the bidder to execute the Contract Agreement and provide a performance bond if awarded the contract. The Bid Bond amount is 5% of the actual bid total. The contract opportunity is open to qualified vendors who can provide the requested generator system.

The Bid Bond outlines the pricing and surety requirements for the contract opportunity. No Bid Guaranty is required if the total bid amount is $100,000 or less. The Bid Bond must be signed by an authorized insurance agent licensed in the State of Florida, and the Surety's Power of Attorney must be furnished with the Bid Bond form. The contract opportunity is located in Broward County and Fort Lauderdale City, Florida.

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Text version

Contract # F4005____________Financial Project #_444755-7-52-01; 444755-7-32-01; 450056-2-52-01___________________

FCO Non-Technical Specifications (Revised 3/20/2007) Page 53 of 65

(Exhibit 13)

BID BOND

KNOW ALL MEN BY THESE PRESENTS: That we, __________________________________________, as Principal (Bidder), and as Surety, are held and firmly bound unto the Florida Department of Transportation (hereinafter called the Owner), in the full and just sum of FIVE PERCENT (5%) of the actual bid total on the Bid Proposal, in lawful money of the United States of America, to be paid to the Owner, to which payment well and truly to be made we bind ourselves, our heirs, executors, administrators, successors, and assignees, jointly and severally and firmly be these presents:

WHEREAS, the Principal is herewith submitting a bid to the State of Florida, Department of Transportation for constructing or otherwise improving a building(s) in Palm Beach County, particularly known as PALM BEACH OPERATIONS CENTER -WEST

PALM BEACH, GENERATOR INSTALLATION

Financial Project No(s) 444755-7-52-01; 444755-7-32-01; 450056-2-52-01.

NOW, THEREFORE, THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, that if the Principal shall execute the Contract Agreement and give bond for the faithful performance thereof within ten (10) days after being notified in writing of the award of such contract to Principal, or if the Surety shall pay the Owner the full amount of this bond, then this obligation shall be void;

otherwise it shall remain in full force and effect.

SIGNED, SEALED, AND DATED THIS day of , YR

NAME OF SURETY: (Affix Surety Seal)

By: (Agent or Attorney-In-Fact)

Printed Name:

Address (City, State, Zip):

Telephone #: FAX #: FEID No.:

Countersigned: Florida Licensed Agent)

Printed Name:

Address (City, State, Zip):

Telephone #: FAX #:

The following statement is to be completed regarding the Florida Licensed Agent: STATE OF FLORIDA

COUNTY OF:

Before me, the above signed authority, personally appeared ______________ who is personally known to me or has produced (type of identification), identification and is duly sworn, deposes and says that he/she is a duly authorized insurance agent, properly licensed under the laws of the State of Florida to represent of a company authorized to make corporate Surety

Bonds under the laws of Florida and acceptable as Surety on Federal Bonds and that he/she has signed or countersigned the above bond on the Surety’s behalf. Sworn, and subscribed to before me this day of , 20 .

My Commission Expires: Signature:

Notary Public, State of Florida at Large

NOTES:

1. The Bidder is not required to sign this document, as execution of the Bid Proposal specifically binds the principal bidder to the obligations arising from this document. Failure of the principal bidder to execute the Bid Proposal, or failure of the surety to execute this document, shall result in the bid being declared non-responsive.

2. Power of Attorney showing authority of Surety's Agent or Attorney-In-Fact must be furnished with this form. Affix Corporate Seal of Surety.

No Bid Guaranty is required if the total amount of the bid is $100,000 or less.

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