ITB3113_Labor&Materials_Bond.pdf
PDF 121 KB Posted
- Attached to
- RYON PARK STAGE AREA IMPROVEMENT PROJECT
- Solicitation number
- ITB NO. 3113
- Issued by
- Santa Barbara County, Los Angeles City, California
About this file
This is a Labor and Materials Bond document for the City of Lompoc, California, related to Invitation to RFP No. 3113 for the Ryon Park Stage Area Improvement Project. The bond is required from the awarded contractor to ensure compliance with payment obligations for labor and materials under the contract. The contract was formally awarded by the City of Lompoc on a date in 2026, with bids originally due by 2:00 pm on Thursday, July 2, 2026. Proposals were required to remain valid for 90 calendar days following the bid opening date.
The bond secures the contractor's obligation to pay all workers, subcontractors, and suppliers in accordance with California Civil Code Section 3181 and the Unemployment Insurance Code. The surety agrees to pay any amounts owed to laborers and material suppliers if the principal contractor defaults, including reasonable attorney's fees as determined by the court. The bond amount and specific surety details were to be completed upon contract execution. The surety waives notice of any modifications, extensions, or alterations to the contract terms, acknowledging that such changes do not affect its bonding obligations.
View the file
Other files
Show all 18
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
LABOR & MATERIALS BOND
KNOW ALL MEN BY THESE PRESENTS
That of as Principal, and
, a Surety authorized to transact surety business in the State of California, as Surety, are held and firmly bound unto CITY OF LOMPOC, CALIFORNIA, as Obligee, in the sum of $ for the payment whereof, well and truly to be made, said Principal and Surety bind themselves, their heirs, administrators, successors and assigns, jointly and severally, firmly by these presents.
WHEREAS the condition of the foregoing obligation is such that the above-bounden Principal was, by formal action of the City of Lompoc, State of California on , 2026, awarded a Contract with the City of Lompoc, the terms of which are incorporated herein by their reference, in strict conformity with the Contract Documents entitled Invitation to RFP No. 3113 and whereas said Principal is required under the terms of said Contract to furnish a bond for the Labor and material of said Contract.
NOW, THEREFORE, if the above-bounden Principal or subcontractor fails to pay any of the persons named in Section 3181 of the Civil Code of the State of California, or amount due under the Unemployment Insurance Code with respect to work or labor performed under the Contract, or for any amounts required to be deducted, withheld and paid over to the Employment Development Department from the wages of employees of the contractor and subcontractors pursuant to Sections 1320, et seq. of the Unemployment Insurance Code of the State of California, with respect to such work and labor, then the Surety will pay for the same, and also, in case suit is brought upon their bond, a reasonable attorney's fee, to be fixed by the court.
And said Surety, for value received, hereby stipulates, and agrees that no charge, extension of time, alteration or addition to the terms of the Contract or to the work to be performed thereunder shall in any way affect its obligations under their bond, and surety does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Contract or to the work.
SIGNED and SEALED their day of , 2026.
(Name of Principal)
By:
Address to which notices to Surety should be sent Title:
(Seal)
Surety
By: ________________________ Attorney-in-Fact
(Attach Notary Acknowledgment for Attorney-in-Fact)
File details come from the government source that posted it. Updated .