FORM 12 - REPLY BOND FORM.docx
DOCX document 27 KB Posted
- Solicitation number
- ITN-17169
- Issued by
- Palm Beach County, Florida
About this file
This is a Reply Bond Form for the Florida Department of Corrections (FDC) related to ITN FDC-27-023 for the Operation and Management of Contractor-Operated Correctional Facilities. The form establishes a surety bond requirement for vendors submitting replies to this invitation to negotiate. The principal contractor and surety company jointly bind themselves to the FDC as obligee for a penal sum amount specified in the solicitation. The bond conditions stipulate that if the principal withdraws its reply within five days of the FDC's receipt, the bond obligation becomes null and void. Alternatively, if the FDC accepts the reply and the principal enters into a proper contract within ten days after award that aligns with the submitted reply, plans, details, specifications, and bills of material, the bond obligation is voided. The surety's liability does not exceed the stated penal amount, and the surety remains bound regardless of any modifications, omissions, or additions to contract terms, plans, or specifications.
The reply bond form serves as a financial guarantee of the principal's good faith in responding to the solicitation and commitment to execute a contract if awarded. This surety bond protects the FDC by ensuring that selected vendors will complete contractual obligations as proposed. Responses to this solicitation must be submitted through the MyFloridaMarketPlace Sourcing Event via the SAP Business Network platform, with inquiries directed to Procurement Officer Sharita Newman at the FDC's Tallahassee office.
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Text version
FORM 12
REPLY BOND FORM
REPLY BOND
KNOW ALL PERSONS BY THESE PRESENT, that we, the undersigned [Insert name of Principal] as Principal and [Insert name of Surety] as Sureties, are hereby held and firmly bound unto Florida Department of Corrections, 501 South Calhoun Street, Tallahassee, FL 32399-2500 as Obligee in the penal sum of the dollar amount [Insert Dollar Amount of the Bond here] provided for in the [Insert specific ID# and Title of Solicitation], to which the Principal has submitted a Reply to the Obligee on [Insert Date of Receipt of Submission].
For the payment of the penal sum well and truly to be made, we hereby jointly and severally bind ourselves, our heirs, executors, administrators, successors, and assigns.
Signed this [Insert Day] day of [Insert Month], [Insert Year].
[Insert name of Principal] By:
[Insert name of Authorized Representative of Principal] [Insert Title of Authorized Representative of Principal]
[Insert name of Surety] By:
[Insert name of Authorized Representative of Surety] [Insert Title of Authorized Representative of Surety]
THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, that whereas the above-named Principal has submitted a Reply for [Insert specific ID# and Title of Solicitation].
Now, therefore, if the Principal withdraws the Reply submitted by the Principal within five (5) Days of the Obligee’s receipt of the Reply then this obligation shall be null and void, otherwise to remain in full force and effect; if the Obligee accepts the Reply of the Principal and the Principal within ten (10) Days after the awarding of the contract enters into a proper contract in accordance with the Principal’s Reply, plans, details, specifications, and bills of material, which said contract is made a part of this bond the same as though set forth herein; then this obligation shall be void; otherwise the same shall remain in full force and effect; it being expressly understood and agreed that the liability of the surety for any and all claims hereunder shall in no event exceed the penal amount of this obligation as herein stated.
The said surety hereby stipulates and agrees that no modifications, omissions, or additions, in or to the terms of the said contract or in or to the plans or specifications therefor shall in any wise affect the obligations of said surety on its bond.
FDC-ITN-27-023
Operation and Management of Contractor-Operated Correctional Facilities
File details come from the government source that posted it. Updated .