G - Doc EE Bid Bond.pdf
PDF 186 KB Posted
- Attached to
- 26-16 Buc880725C (Buchanan)
- Solicitation number
- 26-16 Buc880725C (Buchanan)
- Issued by
- Buena Vista County, Iowa
About this file
This is a Proposal Guarantee (Bid Bond) document issued by the State of Iowa, Iowa Department of Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality, for Bid No. 26-16 related to the Nutrient Reduction Wetland Project located in Section 25, Township 88 North, Range 07 West, Buchanan County, Iowa (Project ID: Buc880725C). The project encompasses selective clearing, excavation, grading, tied concrete block mat installation, tile installation, water control structure, riprap installation, and seeding across approximately 22,900 cubic yards of earthwork, 2,500 square feet of tied concrete block mat, 1,270 linear feet of tile installation, 30.5 tons of erosion stone, and 6 acres of seeding. Construction must be completed by November 15, 2027, with seeding completion required by December 15, 2027. The estimated construction cost range is $180,000 to $200,000.
The bid bond requires the principal and surety to be held in a penal sum to guarantee the submission of a sealed proposal to the Division. If the proposal is rejected or accepted and the principal enters into the contract and furnishes the required performance bond within fourteen (14) days of award approval, the bid bond obligation becomes void. Should the principal fail to execute the contract or provide the performance bond within the specified timeframe, the principal and surety agree to forfeit the penal sum to the Division, with the surety's liability capped at the stated penal sum. The bond document requires signatures from the principal and all partners if applicable, as well as the surety representative.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| D - Plans.pdf | ||
| E - Schedule of Prices.pdf | ||
| A-Notice to Bidders.pdf | ||
| F - Doc CC Proposal-Acknowledgment_Affidavit.pdf | ||
| C-Specifications.pdf | ||
| B-Bid Book.pdf |
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Buc880725C Nutrient Reduction Wetland Project DOCUMENT EE Bid No. 26-16 PROPOSAL GUARANTEE (BID BOND)
EE-1
State of Iowa Iowa Department of Agriculture and Land Stewardship
DIVISION OF SOIL CONSERVATION AND WATER QUALITY
KNOW ALL PERSONS BY THESE PRESENTS:
That we, of as PRINCIPAL, and of as SURETY(S), are hereby held and firmly bound unto the State of Iowa in the penal sum of
______ /100 Dollars ($ . ) for the payment, whereof, the said PRINCIPAL and SURETY(S) bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
The conditions of this obligation are such that whereas the PRINCIPAL is herewith submitting to the Iowa Department of Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality, hereinafter called the DIVISION its sealed contract for the following:
Nutrient Reduction Wetland Project Section 25, Township 88 North, Range 07 West, Buchanan County, Iowa Project ID: Buc880725C Bid No. 26-16
NOW THEREFORE,
the conditions of this obligation are such that, if said proposal is rejected by the DIVISION, or if said proposal is accepted by the DIVISION and the PRINCIPAL shall enter into a contract in the form specified by the DIVISION in accordance with the terms of the Proposal and Schedule of Prices (Document CC) and shall furnish a bond for the faithful performance of said contract in the form specified by the DIVISION, this obligation shall be null and void. Otherwise, it shall remain in full force and effect.
In the event that the said proposal is accepted by the DIVISION and the PRINCIPAL fails to enter into the contract as defined herein or fails to furnish the performance bond as noted above, within fourteen (14) days of the approval of the award, the PRINCIPAL and SURETY(S) agree to forfeit to the DIVISION the penal sum herein mentioned, it being understood that the liability of the SURETY(S) shall in no event exceed the penal sum or this obligation.
IN WITNESS WHEREOF,
the above bounden parties have executed this instrument under their several seals this day of , 20_______, the name and corporate seal of each party being hereto affixed and these presents duly signed by its undersigned representative pursuant to authority of its governing body.
PRINCIPAL SURETY
By By
Print Name:
If a partnership, all partners must sign.
END OF DOCUMENT EE
File details come from the government source that posted it. Updated .