Performance Bond.docx
DOCX document 56 KB Posted
- Attached to
- PM-1413 JBK, CC & Cornette Lib. Roof Replacement
- Solicitation number
- PM-1413
- Issued by
- Ochiltree County, Texas
About this file
This is a Performance Bond form issued by SSC Service Solutions on behalf of West Texas A&M University (WTAMU) for the PM-1413 roof replacement project covering the Jack B. Kelly Student Center, Classroom Center, and Cornette Library in Canyon, Texas. The project involves comprehensive roof replacement services across three campus facilities, encompassing polyisocyanurate and modified bitumen roof replacement, shingle roof replacement, polycarbonate panel replacement, and roof coating applications. The pre-proposal meeting was conducted on February 12, 2026, at 10:00 AM, with proposals due by February 26, 2026, at 2:00 PM. The project was awarded to CS Advantage on a best value basis with a base bid of $3,580,000.00 and a construction schedule of 150 days. All work must comply with NRCA, SMACNA, and ANSI/SPRI standards, and bidders must be approved applicators by primary coating manufacturers with demonstrated experience in similar projects.
The Performance Bond establishes financial security for contract performance, with the surety agreeing to assume responsibility for completion within fifteen days of any default determination. Warranty provisions include a twenty-year non-delegable limited manufacturer's warranty and a two-year contractor's warranty for most roofing systems, with five-year warranties for acrylic coating applications. A Historically Underutilized Business (HUB) Subcontracting Plan is required, with monthly HUB Progress Assessment Reports mandated with each pay application. The bond amount and specific penalty terms are to be completed based on contract requirements, and the surety waives notice of any contract modifications, extensions, or specification changes while remaining liable for breach-related losses and expenses, including attorney's fees and court costs.
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Text version
PERFORMANCE BOND
SECTION 00 61 13
STATE OF TEXAS
COUNTY OF KNOWN ALL MEN BY THESE PRESENTS
That we, , as Principal, and , as Surety, are hereby held and firmly bound unto SSC Service Solutions in the penal sum of: Dollars ($ ) 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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