FAITHFUL_PERFORMANCE_BOND_FORM.pdf
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- Attached to
- Hastings Branch Office Expansion Phase 2
- Solicitation number
- 2026-IFB-LM-0470
- Issued by
- Los Angeles County, California
About this file
This is a Faithful Performance Bond form issued by the City of Pasadena for use in municipal contracts. The bond template is designed to secure contractor performance on projects within the City of Pasadena, California. The form requires a principal contractor and surety to bind themselves jointly and severally to the City in a specified amount to guarantee completion of contracted work. The bond applies to the Hastings Branch Office Expansion Phase 2 project, which involves enclosing an existing covered outdoor space at the Pasadena Public Library to create approximately 167 square feet of new conditioned office space, along with site work including minor re-grading, construction of a new concrete landing and step, and ADA accessibility improvements consisting of truncated domes, cane-detection barriers, and a six-inch-high yellow warning curb in accordance with California Building Code Section 11B-303.5.
The bond form stipulates that the principal contractor must furnish all labor, material, equipment, transportation, and services necessary to complete the project as specified in the underlying contract. The bond remains in full force and effect unless the principal performs all contractual obligations, and importantly, the surety waives notice of any contract alterations or time extensions granted by the City. The bond must be executed and sealed by both the principal and surety, with approval by the City Clerk and City Attorney. No specific bond amount, pricing terms, or contract value information is detailed within the form itself, as these elements are to be inserted at 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
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| 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: |
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| Surety: |
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