FAITHFUL_PERFORMANCE_BOND_FORM.pdf
PDF 58 KB Posted
- Attached to
- Mobile Observation Tower
- Solicitation number
- 2024-IFB-MS-0238
- Issued by
- Los Angeles County, California
About this file
The document is a Faithful Performance Bond form for the City of Pasadena, California, designed to support the Police Department's procurement of a mobile observation tower. The bond serves as a legal instrument ensuring that the principal contractor will fulfill all contractual obligations for the project, which involves providing a mobile observation tower for use during major city events. The bond covers the contractor's commitment to furnish all necessary labor, materials, equipment, transportation, and services as specified in the contract.
The performance bond does not specify exact pricing details or funding sources for the mobile observation tower project. However, it provides a standard legal framework that protects the City of Pasadena by guaranteeing the contractor's performance and providing financial recourse if the contracted work is not completed as agreed. The bond includes provisions that allow for contract alterations and time extensions without releasing the principal or surety from their obligations, ensuring flexibility in the project implementation while maintaining the city's interests.
View the file
Other files
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
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: |
| day of_2: |
| undefined_3: |
| principal agrees to furnish all labor material equipment transportation and services for the: |
| undefined_4: |
| WITNESS our hands this: |
| day of_3: |
| Text12: |
| undefined_5: |
| Text13: |
| and_2: |
| Dated_2: |
| Surety: |
File details come from the government source that posted it. Updated .