Performance Bond.docx
DOCX document 56 KB Posted
- Attached to
- PM-1415 PPHM Roof Replacement & Coating State and local contract opportunity
- Solicitation number
- PM-1415
- Issued by
- Ochiltree County, Texas
About this file
This is a Performance Bond document required for the PM-1415 PPHM Roof Replacement & Coating project, a sealed-bid construction procurement managed by West Texas A&M University (WTAMU) through SSC Service Solutions. The project encompasses roof replacement and coating services across multiple campus buildings in Texas, with primary focus on the Panhandle Plains Historical Museum (PPHM) building in Canyon, Texas. The scope includes removal and installation of two-ply modified bitumen roofing systems, replacement of shingle roofing with architectural composition shingles, replacement of polycarbonate panels, and application of fluid-applied acrylic coating systems. Work requires HVAC and electrical disconnection and reconnection, removal and replacement of flashings and sheet metal, and compliance with NRCA, SMACNA, and ANSI/SPRI standards. A pre-proposal meeting was held on February 12, 2026, at 10:00 AM at the WTAMU Physical Plant Conference Room, with proposals due February 26, 2026, at 2:00 PM. Lydick-Hooks was selected as the contractor offering best value with a base bid of $590,186.00 and a 110-day construction timeline.
The Performance Bond serves as a surety instrument guaranteeing faithful performance and completion of the contract. The bond is issued pursuant to Section 2253.021, Texas Government Code, and requires the surety to assume responsibility for contract completion within fifteen days of a default determination. The surety's liability is limited to the bond's penalty amount, and the bond remains in effect regardless of changes, extensions of time, or alterations to contract terms or specifications. Contractor warranties include two-year warranties on roofing work, five-year warranties on coating work, and ten-year manufacturer warranties for coating systems. Specifications also mandate manufacturer warranties ranging from two to twenty years for roofing materials and systems. The procurement includes a Historically Underutilized Business (HUB) subcontracting plan requirement with monthly HUB Progress Assessment Reports required to accompany each pay application.
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Text version
PERFORMANCE BOND
SECTION 00 61 13
STATE OF TEXAS
COUNTY OF KNOWN ALL MEN BY THESE PRESENTS
That we, , as Principal, and , as Surety, are hereby held and firmly bound unto SSC Service Solutions in the penal sum of: Dollars ($ ) for the payment whereof, the said Principal and Surety bind themselves, their heirs, executors, administrators and successors, jointly and severally, firmly by these presents.
The conditions of this obligation are such that, whereas the Principal entered into a certain contract (the "Contract"), which Contract is incorporated into this Performance Bond by this reference, with SSC Service Solutions, as Obligee, dated for the , Project No.
NOW, THEREFORE, if the Principal shall faithfully perform the Contract in accordance with the Contract Documents, including any warranties, and shall fully indemnify, and save harmless SSC Service Solutions from all costs and damage that SSC Service Solutions may suffer by reason of the Principal's default or failure to perform and shall fully reimburse and repay SSC Service Solutions all outlay and expense that SSC Service Solutions may incur in making good any such default or failure to perform, then this obligation shall be null and void, otherwise it shall remain in full force and effect.
In the event the Principal is declared in default under the Contract, Surety will, within fifteen (15) days of the determination of such default, take over and assume responsibility for completion of such Contract and become entitled to the payment of the balance of the Contract Price, or the Surety shall make other arrangements satisfactory to the Obligee for the completion of the defaulted Work.
Conditioned upon the Surety's faithful performance of its obligations, the Surety's liability shall not exceed the penalty of this Bond.
The Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Contract or to the Work to be performed under the Contract or to the Specifications accompanying the same shall in any manner affect its obligation on this Performance Bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Contract or to the Work or to the Specifications.
The Surety agrees to pay to SSC Service Solutions upon demand all loss and expenses, including attorney's fees and court costs, incurred by SSC Service Solutions by reason of or on account of any breach of this obligation by the Surety.
This Bond is issued pursuant to the requirements of Section 2253.021, Texas Government Code, as amended.
IN WITNESS WHEREOF, the Principal and Surety have executed and sealed this instrument this day of , 20
, Principal
(PRINCIPAL'S SEAL if a corporation)
By: Name:
Title:
, Surety
(SURETY'S SEAL)
By: Name:
Attorney-in-Fact
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