LABOR_&_MATERIALS_BOND.pdf
PDF 84 KB Posted
- Attached to
- 123 N. H Street EV Charger Parking Lot Project
- Solicitation number
- 2026-ITB-002DW
- Issued by
- Santa Barbara County, Los Angeles City, California
About this file
This is a Labor & Materials Bond form issued by the City of Lompoc, California, for the 123 N. H Street EV Charger Parking Lot Project. The bond is required of the awarded contractor and guarantees payment to laborers, materialmen, and the state for work performed under the contract. The project involves development of a new electric vehicle charging facility in downtown Lompoc, including grading and paving improvements, concrete walkways, curbing, ADA-compliant parking upgrades, EV charging station installation with protective bollards, landscaping, signage, pavement markings, and electrical coordination for power connections and lighting systems. Bids for the project were due by 2:00 pm on Thursday, January 29, 2026, with proposals valid for 90 calendar days following the bid opening date.
The Labor & Materials Bond requires the principal contractor and an authorized California surety to guarantee payment to all laborers and materialmen per Section 3181 of the California Civil Code, as well as all amounts due under the Unemployment Insurance Code for wages and payroll deductions. The surety agrees to pay any deficiencies and reasonable attorney's fees should suit be brought. The surety waives notice of any changes, extensions, alterations, or additions to the contract terms and acknowledges that such modifications will not affect its obligations under the bond.
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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 , 2025, 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. __ 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 , 2025.
(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)
LABOR & MATERIALS BOND
File details come from the government source that posted it. Updated .