FAITHFUL_PERFORMANCE_BOND_FORM.pdf

PDF 58 KB Posted

Attached to
Authorized Honda Motorcycle Service, Repair, Maintenance, and OEM Parts
Solicitation number
2026-IFB-LM-0419
Issued by
Los Angeles County, California

About this file

Written by GovTribe AI ·

This is a Faithful Performance Bond form issued by the City of Pasadena, California, for use in municipal contracting. The bond serves as a surety instrument to guarantee that a principal contractor will fulfill all obligations under a contract with the City of Pasadena. The form is designed to be completed with specific contract details, including the principal's name, surety information, contract amount in words and figures, and a detailed description of the work to be performed. The bond obligates the principal and surety jointly and severally to ensure completion of all labor, materials, equipment, transportation, and services as outlined in the referenced contract. The form includes provisions that protect the City by stipulating that contract alterations, material changes, and time extensions do not release the principal or surety from their obligations, with notice of such modifications waived by the surety.

The bond amount must be specified in both words and figures and is payable to the City of Pasadena. The form requires execution by the principal with appropriate corporate officer signatures from the surety, along with approval signatures from the City Clerk and City Attorney offices. This performance bond is standard municipal requirement documentation and does not itself contain pricing terms, set-asides, or contract-specific amounts; rather, it functions as a template to be customized for individual contracts such as the City's authorized Honda motorcycle service and repair solicitation for the Police Department.

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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:
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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:
undefined_5:
Text13:
and_2:
Dated_2:
Surety:

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