Memmelaar Document D Bid Bond.pdf
PDF 435 KB Posted
- Attached to
- Memmelaar AML Reclamation Project
- Solicitation number
- IA-362
- Issued by
- Lyon County, Iowa
About this file
This is a Proposal Guarantee Bond (Bid Bond) document issued by the Iowa Department of Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality, for the Memmelaar West AML Reclamation Project located in the Southwest 1/4 of Section 1, Township 75 North, Range 17 West, Mahaska County, Iowa, under Bid No. IA-362. The bond serves as a proposal guarantee requiring bidders to submit a sealed bid for an acid mine drainage reclamation construction project with a bid submission deadline of August 11, 2026 at 2:00 p.m. CDT. The project scope includes site mobilization, clearing and preparation, offsite waste disposal, impoundment discharge management, erosion control, excavation of 87,400 cubic yards with 12,000 cubic yards of muck removal, installation of approximately 2,155 linear feet of dual-wall pipe in multiple sizes, subgrade preparation, agricultural lime treatment (530 tons), and seeding operations across 15.7 acres of upland pasture mix. Bidders must respond to all specified line items on the provided proposal and pricing worksheets.
The bid bond establishes that the successful bidder must enter into a contract within thirty (30) days of award approval and furnish a performance bond as specified by the Division. The penal sum of the bid bond is to be inserted by the bidder and represents the amount at risk if the principal fails to execute the contract or provide the required performance bond within the specified timeframe. The bond remains in full force unless the proposal is rejected or the bidder successfully enters into the contract and furnishes the performance bond as required. The liability of the surety shall not exceed the penal sum stated in the obligation. Bidders must complete multiple certifications including bid accuracy, independence of bid development, debarment status, and Iowa sales and use tax compliance to be deemed responsible.
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Text version
MEMMELAAR WEST AML RECLAMATION PROJECT DOCUMENT D (02/2023)
BID NO. IA-362 PROPOSAL GUARANTEE BOND
D-1
STATE OF IOWA
IOWA DEPARTMENT OF AGRICULTURE AND LAND STEWARDSHIP
DIVISION OF SOIL CONSERVATION AND WATER QUALITY
KNOW ALL MEN BY THESE PRESENT:
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 present.
The conditions of this obligation are such that whereas the PRINCIPAL is herewith submitting to the State of Iowa, acting by and through 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:
Memmelaar West AML Reclamation Project Southwest 1/4 of Section 1, Township 75 North, Range 17 West, Mahaska County, Iowa Bid No. IA-362
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 C) 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 shall fail to enter into the Contract as defined herein or shall fail to furnish the performance bond as noted above, within thirty (30) 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 _____________________________, 2026, the name and corporate seal of each party being hereto affixed and these present duly signed by its undersigned representative pursuant to authority of its governing body.
PRINCIPAL
SURETY
BY: BY:
Signature Signature
Print Name Print Name
BY:
Signature
Print Name
If a partnership, all partners must sign.
END OF DOCUMENT D
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