FAITHFUL_PERFORMANCE_BOND_FORM.pdf

58 KB Posted

Attached to
Purchase and Upfitting of Ford Transit Cargo Van
Solicitation number
2026-IFB-MS-0352
Issued by
Los Angeles County, California

About this file

Written by GovTribe AI ·

This is a Faithful Performance Bond form for the City of Pasadena, California, establishing a surety agreement between a principal contractor and the City for a Police Crisis Negotiation Team (CNT) Van purchase and upfitting project. The bond requires the contractor to furnish all labor, material, equipment, transportation, and services as specified in the underlying contract with the City of Pasadena. The principal and surety are jointly and severally liable for faithful performance of all contractual obligations. The bond remains in full force and effect unless the principal performs all agreed work and materials in accordance with the contract terms. The form includes provisions stating that contract alterations, changes to materials, and time extensions do not release either the principal or surety from their obligations, and notice of such modifications is waived by the surety.

The bond amount is left blank for completion and is to be determined based on the contract value. The form requires signatures from the principal, surety (identified as President and Surety), City Clerk or Assistant City Clerk, and City Attorney or Assistant City Attorney. The specific bond amount and contract date are to be filled in upon execution. This performance bond serves as security to ensure the contractor's compliance with all terms and conditions of the CNT Van project, protecting the City of Pasadena's interests in the procurement.

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FAITHFUL PERFORMANCE BOND

KNOW ALL MEN BY THESE PRESENTS:

THAT ____________________________________________ , as principal, and as surety, are held and firmly bound unto the City of Pasadena, a municipal corporation, in the just and full amount of

(words and figures) for the payment whereof we hereby bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.

Given under our hands and sealed with our seals this day of , ________.

The condition of the foregoing obligation is such that, WHEREAS, the above-named principal is about to enter into a contract with the City of Pasadena whereby said principal agrees to furnish all labor, material, equipment, transportation and services for the_______________ in the City of Pasadena, California, as provided in said contract, which said contract is hereby referred to and made a part hereof to the same extent as if the same were herein specifically set forth;

NOW, THEREFORE, if the said principal shall well and truly do and perform all things agreed by it in said contract to be done and performed, then this obligation is to be void; otherwise to remain in full force and effect;

PROVIDED, that any alterations in the work to be done, or the material to be furnished, which may be made shall not in any way release the principal or the surety hereunder, nor shall any extensions of time granted release either the principal or the surety, and notice of such alterations or extensions of the contract is hereby waived by the surety.

WITNESS our hands this _________________ day of ____________________________ , 20___.

Principal

Dated

City Clerk

By

Assistant City Clerk

By _______________________________________________ NAME, President and

Surety

By

Approved as to Form City Attorney

By Assistant City Attorney

as principal:
and:
words and figures:
Given under our hands and sealed with our seals this_2:
day of_2:
undefined_3:
principal agrees to furnish all labor material equipment transportation and services for the:
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WITNESS our hands this:
day of_3:
Text12:
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Text13:
and_2:
Dated_2:
Surety:

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