IDOT Performance Bond.pdf
PDF 72 KB Posted
- Attached to
- FY22 D1 Rodenburg Maint CIF AST storage tank
- Solicitation number
- 22-494DOT-DISTR-B-26705
- Issued by
- Cook County, Illinois
About this file
The document provided is a Performance Bond for the Illinois Department of Transportation (IDOT). This bond is required for a contract related to the construction of a project designated as FY22 D1 Rodenburg Maint CIF AST storage tank. The bond binds the Principal and Surety to the People of the State of Illinois in the penal sum of the contract amount, guaranteeing the Principal will perform the work in accordance with the terms of the contract. The contract requires the removal of and purchase of an above ground storage tank. Pursuant to CPO Notice 2020.06, IDOT will only accept electronic submissions for this competitive solicitation; paper responses will not be accepted.
The Performance Bond does not provide details on pricing terms, set asides, incumbent contractors, funding requirements or sources, or other salient commercial information. The focus of the document is on the bonding requirements to ensure contract performance.
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Other files
| File | Type | Posted |
|---|---|---|
| Forms B~35.docx | DOCX document | |
| Forms A~23.docx | DOCX document | |
| B-26705 Utilization Plan Version 21.0.pdf | ||
| IFB Storage Tank Removal and Replacement.docx | DOCX document | |
| Attachment A - Concrete Secondary Containment Structure Dimensions.pdf | ||
| Copy of BEP ADDENDUM b-26705~1.pdf | ||
| Rodenburg Facility Satelite View- Location of Asphalt Tank.jpeg | JPEG file | |
| Attachment - Notice of Electronic Submission Only v.22.1~7.pdf | ||
| Attachment B - Secondary Containment Structure Specification Sheet.pdf | ||
| BEP Directory 1.10.22.xlsx | XLSX spreadsheet | |
| Veterans Directory 1.10.22.xlsx | XLSX spreadsheet | |
| 571 60 17D1 Asphalt Tank with Pump.docx | DOCX document |
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S:\Gen\Document Services\Forms Support\AEM Forms\DOTLOGO2.bmp Illinois Department of Transportation Performance Bond BC 1241 (Rev. 08/21/20) Know all men by these presents, that we, a Corporation organized under the laws of the State of , and licensed to do business in the State of Illinois, as Principal, and a corporation organized and existing under the laws of the State of with authority to do business in the State of Illinois, as Surety, are held and firmly bound unto the People of the State of Illinois in the penal sum of Dollars lawful money of the United States, well and truly to be paid unto said People of the State of Illinois, for the payment of which we bind ourselves, our successors and assigns, jointly, severally and firmly by these presents.
The condition of the foregoing obligation is such that whereas, the said Principal has entered into a written contract with the State of Illinois acting through the Department of Transportation, for the construction of the work designated as , which requires specific assurance of performance of Placed under said contract more fully described in said contract, which by this reference is made a part hereof as if written herein at length, the said Principal has promised and agreed to perform said described responsibilities in accordance with the terms and conditions of said contract.
Now therefore, if the said Principal shall well and truly perform said work in accordance with the terms of said contract, until the said work shall have been accepted, and shall hold the People of the State of Illinois and the said Department of Transportation harmless on account of any damages, and shall in all respects fully and faithfully comply with all provisions, conditions and requirements of said contract, then this obligation shall be void; otherwise it shall remain in full force and effect.
In witness whereof, we have duly executed the foregoing This day of Illinois Department of Transportation 11.0.0.20130303.1.892433.887364
BC 1241
Bureau of Construction Performance Bond
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