Performance_Bond.pdf
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- Solicitation number
- HC-26-02 / HC-0916
- Issued by
- Hamilton County, Indiana
About this file
This is a Performance Bond document related to Contract Resurface 26-02, a road resurfacing project in Jackson and Noblesville Townships in Indiana. The contract encompasses asphalt milling and resurfacing work on seven road segments totaling 3.28 miles, including 211th Street (0.66 miles), Mill Creek Road (0.18 miles), Point Lane (1.38 miles), Cherry Tree Road (0.43 miles), Bays Drive (0.48 miles), Susan Court (0.09 miles), and Angela Court (0.06 miles). The project scope includes surface milling ranging from 1.5 to 2 inches, asphalt resurfacing with varying specifications (9.5mm Type B or 12.5mm Type C surface asphalt), 8-inch deep patching on select roads, crack sealing on Point Lane, installation of Petromat Enviro Pavement Fabric along Point Lane, four pipe replacements along Point Lane, curb and casting replacements in the Cherry Tree Farms subdivision, and inlet cleaning in the Cherry Farms subdivision.
The performance bond document serves as a financial guarantee ensuring the contractor's fulfillment of project obligations. The bond protects the government entity and ensures that work will be completed according to specifications and within contractual terms. Specific details regarding bond amount, pricing terms, contract award date, and completion timeline are contingent upon the full performance bond documentation. This performance bond is a standard requirement for public works projects of this nature in Indiana and demonstrates the contractor's financial capacity and commitment to project completion.
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Text version
PERFORMANCE BOND
KNOWN BY ALL PERSONS BY THESE PRESENTS THAT THE UNDERSIGNED:
BIDDER:
as principal, and SURETY:
[Name]
[Address] as Surety, are firmly bound unto Hamilton County, Indiana and the Hamilton County Board of Commissioners (collectively referred to as “Hamilton County”) in the penal sum of an amount equal to ONE HUNDRED PERCENT of the amount of the Principal’s bid, to the payment of which, well and truly made, we bind ourselves jointly and severally, and our joint and several heirs, executors, administrators and assigns, firmly by these presents.
THE CONDITIONS OF THE ABOVE OBLIGATIONS ARE SUCH THAT, whereas, the Principal is herewith submitting a bid and proposal for construction and completion of this contract in accordance with plans and specifications, which are made part of this bond;
NOW, THEREFORE, if Hamilton County shall award the Principal the contract for work and the Principal shall promptly enter into contract with Hamilton County, for the work and shall well and faithfully do and perform the same in all respects according to the plans and specifications and according to the time, terms, and conditions specified in this contract to be entered into, and in accordance with all requirements of law and shall promptly pay all debts incurred by the Principal or a subcontractor in the construction of the work, including labor, service, and materials furnished, and shall remain in effect at least until one year after the date when final payment becomes due, then this obligation shall be void; otherwise to remain in full force, virtue, and effect.
IT IS AGREED that no modifications, omissions, or additions in or to the terms of such contract or in or to the plans or specifications therefor shall affect the obligation of such sureties on this bond.
IN WITNESS WHEREOF, we hereto set our hands and seals:
< <BIDDER > >
(Performance Bond)
(Signature)
(Printed)
(Title)
State of Indiana, County of, , SS:
Before me, the undersigned Notary Public, personally appeared;
As Principal and acknowledged the execution of the above bond on this Day of , 2026.
My commission Expires:
(County of Residence) (Notary Signature & Seal)
< <SURETY > >
(Performance Bond)
(Signature)
(Printed)
(Title)
State of Indiana, County of, , SS:
Before me, the undersigned Notary Public, personally appeared;
As Principal and acknowledged the execution of the above bond on this Day of , 2026.
My commission Expires:
(County of Residence) (Notary Signature & Seal)
PERFORMANCE BOND
File details come from the government source that posted it. Updated .