MATERIAL_AND_LABOR_BOND_FORM.pdf
PDF 59 KB Posted
- Attached to
- MAINTENANCE YARDS EV CHARGER EXPANSION
- Solicitation number
- 2026-IFB-LM-0141
- Issued by
- Los Angeles County, California
About this file
This is a Material and Labor Bond form required by the City of Pasadena for the Maintenance Yards EV Charger Expansion project. The bond serves as a financial guarantee that the principal contractor and surety will ensure all laborers, material suppliers, and equipment providers are paid for work performed on the project. The bond protects any persons entitled to file claims under California Civil Code Section 9100 et seq. and provides them with a right of action if the contractor or subcontractors fail to pay for materials, provisions, labor, services, or amounts due under the Unemployment Insurance Act. The bond is executed by the principal contractor and surety, with signatures witnessed and approved by the City Clerk and City Attorney.
The Material and Labor Bond must be submitted at 50 percent of the contract price as part of the bidding requirements for the EV Charger Expansion project. Bidders must submit this bond along with a Faithful Performance Bond and proof of insurance prior to contract award. The bond applies to all work, labor, materials, equipment, transportation, and services furnished for the construction project at 311 W Mountain Street in Pasadena, California, and remains in effect regardless of any alterations to the work or extensions of time granted during contract performance. The bond inures to the benefit of all claimants under California law and surveyors have waived notice of any contract modifications or time extensions.
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Text version
MATERIAL AND LABOR BOND
KNOW ALL MEN BY THESE PRESENTS:
THAT __________________________________________________ _, as principal, and _______________________________________________________________________ as surety, are held and firmly bound unto the City of Pasadena, a municipal corporation, in the just and full amount of
(words and figures) for the payment whereof we hereby bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
Given under our hands and sealed with our seals this day of , ________.
The condition of the foregoing obligation is such that, WHEREAS, the above-named principal is about to enter in a contract with the City of Pasadena whereby said principal agrees to furnish all labor, material, equipment, transportation and services for the __________________________________ ____________________________________________________________________, in the City of Pasadena, California, as provided in said contract, which said contract is hereby referred to and made a part hereof to the same extent as if the same were herein specifically set forth;
NOW, THEREFORE, if the said principal or its subcontractors fail to pay for any materials, provisions, provender or other supplies, or teams used in, upon, for or about the performance of said work contracted to be done, or for any work or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, the surety will pay for the same in an amount not exceeding the sum herein above specified, and in case suit is brought hereon, a reasonable attorney's fee to be fixed by the Court, otherwise this bond shall be void and of no effect;
PROVIDED, that any alterations in the work to be done, or the material to be furnished, which may be made shall not in any way release the principal or the surety hereunder, nor shall any extensions of time granted release either the principal or the surety, and notice of such alterations or extensions of the contract is hereby waived by the surety.
This bond shall inure to the benefit of any and all persons entitled to file claims under Section 9100 et seq. of the Civil Code of the State of California, and shall give a right of action to such persons or their assigns in any suit brought upon this bond.
WITNESS our hands this _________________ day of ____________________________ , 20___.
Principal
Surety on this bond has complied with Chapter 2.350 of the Pasadena Municipal Code (Ordinance No. 6229)
Dated
City Clerk
By
Assistant City Clerk
NAME, President and
Surety
Approved as to Form City Attorney
Assistant City Attorney
| as principal and: |
| Given under our hands and sealed with our seals this: |
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| furnish all labor material equipment transportation and services for the: |
| in the City of Pasadena California as: |
| WITNESS our hands this 1: |
| WITNESS our hands this 2: |
| day of: |
| Dated: |
| By_2: |
| and 1: |
| and 2: |
| Text8: |
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File details come from the government source that posted it. Updated .