FAITHFUL_PERFORMANCE_BOND_FORM.pdf
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- Solicitation number
- 2026-IFB-LM-0040
- Issued by
- Los Angeles County, California
About this file
This is a Faithful Performance Bond form required by the City of Pasadena for contract execution. The form serves as a surety instrument binding a principal contractor and surety to the City of Pasadena for the satisfactory completion of contracted work. The bond is specifically referenced in relation to the City's solicitation for generator maintenance and repair services, which involves inspection, maintenance, and repair services for 27 generators total—10 portable units and 17 stationary units—distributed throughout the City. The contract term is five years, with the Department of Public Works, Building Systems and Fleet Management Division overseeing the procurement. The bond guarantees that the selected vendor will perform all labor, provide materials and equipment, arrange transportation, and deliver all services as specified in the underlying contract.
The bond form requires the principal and surety to jointly and severally bind themselves for the full contract amount. The document specifies that alterations to work or materials and extensions of time do not release the principal or surety from their obligations, with surety waiver of notice regarding such modifications. The bond must be executed and sealed by authorized representatives of both the principal contractor and the surety entity, with City of Pasadena officials approving the instrument as to form and legality prior to contract award and execution.
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Text version
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: |
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| 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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| and_2: |
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| Surety: |
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