Final_RFB_758_2000000292_1_SO_FORM.PDF

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Attached to
FIDELITY BONDS
Solicitation number
RFB 758 2000000292 1
Issued by
Elliott County, Kentucky

About this file

This is a Request for Bid (RFB) solicitation issued by the Commonwealth of Kentucky, specifically the Office of Employment and Training under the Education & Workforce Development division. The solicitation seeks fidelity bond coverage for the Federal Bonding Demonstration Grant program, which provides bonds to employers who hire at-risk and hard-to-place job seekers unable to secure private coverage due to criminal histories or past behavioral concerns. The contract requires 213 fidelity bonds to be provided. The solicitation was issued on November 1, 2019, with bids due by November 18, 2019, at 1:30 PM. No addenda have been issued, and online bidding is prohibited. Interested parties should contact Richard Mize at 502-564-6521 for additional information, and bids must be submitted to the Finance Office of Procurement Services at 702 Capitol Ave, Capitol Annex Room 095, Frankfort, Kentucky 40601.

The fidelity bonds must meet specific federal specifications: each bond must provide a minimum of $5,000 coverage with the ability to use multiple bonds per employee up to a maximum of $25,000 in total coverage per employee, reimburse employers for losses resulting from employee illegal acts including theft, forgery, and embezzlement, and provide coverage for at least six months. The unit cost and line total pricing terms are to be specified by the bidder in their response. Vendors are required to complete all submission checklist items, including signing the face of the solicitation document and submitting bid information as detailed in Attachment A, which contains all terms and conditions. By submitting a bid, vendors affirm they have read and understood all solicitation requirements and terms, and failure to comply may result in vendor ineligibility from further participation.

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Other files

File Type Posted
Attach B ANNUAL AFFIDAVIT.pdf PDF
Attach D Qualified Bidder Affidavit.doc DOC document
Attach C Resident Bidder Affidavit.doc DOC document
Attach A RFB 758 2000000292.pdf PDF

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Text version

Document ID: RFB 758 2000000292 Page: 1

Commonwealth of Kentucky

SOLICITATION

Addenda: No Addenda #:

TITLE: FIDELITY BONDS

Date Issued:

11/1/19 Record Date:

2019-11-01

Solicitation Closes Date:

11/18/19 Time:

13:30

Solicitation No:

RFB 758 2000000292

Online Bidding Prohibited: Yes

For Information Call:

Richard Mize 502-564-6521

Bid Receiving Location:

Finance - Office of Procurement Services Bid Clerk 702 Capitol Ave, Capitol Annex Room 095

Frankfort KY 40601

Vendor Customer Number:

Vendor Name:

Phone Number:

Fax Number:

Email Address:

Ordering

Address:

City, State, Zip:

Contact Name:

Contact Email:

Contact Phone Number:

Payment

Address:

City, State, Zip:

Contact Name:

Contact Email:

Contact Phone Number:

Ownership Type

__ Sole Proprietorship __ Partnership __ Corporation __ Other_________________________

SIGNATURE OF AUTHORIZED AGENT IS REQUIRED UNLESS RESPONSE

IS SUBMITTED ELECTRONICALLY. FAILURE TO SIGN SHALL RENDER

THE BID INVALID.

Signature X_________________________________________ FEIN#____________________ Date____________

All offers subject to all terms and conditions contained in this solicitation.

Document ID: RFB 758 2000000292 Page: 2

Line Items

Commodity Group: Default Commodity Group

Line CL Description Quantity UOM Unit Cost Line Total or Contract Amnt

1 Fidelity Bonds 213.00000 EA

Comm Code Comm Description Manufacturer Model # Manuf Part #

96324 Bonds, Notary

Extended Description Fidelity Bonds for Ky. Federal Bonding Demonstration Grant

The Office of Employment and Training is seeking a contract for Federal Bond coverage to provide fidelity bonds to employers to insure their business if they hire at-risk, hard-to-place job seekers who are unable to secure private coverage. Many private bonding companies will not bond job seekers with criminal histories or questionable past behaviors, so they are not hired.

Federal Bond Specs.

* Bonds must reimburse employers for losses due to the illegal acts of their employees, such as, theft, forgery, and embezzlement.

* Bonds must provide at least $5,000 of coverage.

* Bonds must be allowed to be used in multiples to cover an individual employee, totaling up to $25,000 of coverage per employee.

* Bonds must provide coverage for at least six months.

Shipping Information Education & Workforce Development Lori Miller 300 Sower Blvd, 4th Floor

Frankfort KY 40601

Billing Information Education & Workforce Development Lori Miller 300 Sower Blvd, 4th Floor

Frankfort KY 40601

Document ID: RFB 758 2000000292 Page: 3

Submission Checklist

The following items will be required to be submitted with bid:

Item The face of the solicitation must be signed Bid Information-Completed

See “Attachment A” for Terms and Conditions. The terms and conditions set out in “Attachment A”, and any subsequent addenda, are incorporated into and are a part of the Solicitation.

By signing the face of the Solicitation document, the vendor affirms that they have read and understood the Solicitation and the terms and conditions (Attachment A) and any subsequent addenda. Should the vendor fail to comply with the provisions of the Solicitation and the terms and conditions (Attachment A) and any subsequent addenda, then the Finance and Administration Cabinet reserves the right and retains the ability to deem the vendor ineligible from further participation in the Solicitation in question.

Document Description Page 4

2000000292 FIDELITY BONDS

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