Performance Bond.pdf

This document is Standard Form 25 (SF 25), a federal performance bond form used in connection with government contracts.

The form serves as a binding agreement between a Principal (contractor), Surety(ies), and the United States Government, establishing a penal sum that guarantees contract performance. The Principal and Surety(ies) pledge to perform all contract obligations, covenants, terms, and conditions during the original contract term and any authorized extensions, including modifications without notice to the Sureties. The bond becomes void only if the Principal fully performs all contractual undertakings and pays all applicable taxes under 41 USC Chapter 31, Subchapter III. The form accommodates multiple signatories, including provisions for individual sureties (requiring completed Standard Form 28 Affidavits), corporate sureties (which must appear on the Department of Treasury's approved surety list and affix corporate seals), and the Principal. Corporations executing the bond must comply with Treasury limitations on liability. The form includes signature blocks for up to seven corporate sureties (Sureties A through G), with designated spaces for state of incorporation, liability limits, and corporate seals. A Bond Premium section calculates total cost based on rate per thousand dollars. Instructions specify that any deviation requires written GSA Administrator approval, authorized representatives must provide evidence of authority, and the form is authorized for local reproduction. The OMB Control Number is 9000-0001 with an expiration date of January 31, 2027. The estimated burden to complete is one hour.