PERFORMANCE_BOND.pdf
PDF 82 KB Posted
- Attached to
- Lompoc Library HVAC Units Replacement Project
- Solicitation number
- RFP NO. 3077
- Issued by
- Santa Barbara County, Los Angeles City, California
About this file
This is a Performance Bond document for the City of Lompoc, California, related to the Lompoc Library HVAC Units Replacement Project. The bond serves as a guarantee of faithful performance for the contract awarded by the City Council on an unspecified date in 2026. The principal contractor is required to furnish this bond to ensure compliance with all contract terms, plans, and special provisions associated with the HVAC replacement work. The bond obligates the principal and surety to indemnify and hold harmless the City of Lompoc, its officers, and agents from any breach of contract obligations. The surety waives notice of any changes, extensions of time, alterations, or additions to the contract terms or work scope, and the bond remains in full force and effect regardless of such modifications.
The performance bond document does not specify the bond amount or pricing terms, as these fields remain blank in the template. The document requires original signatures from both the principal and the surety, with the surety's signature requiring proper acknowledgment. Bid submissions for the underlying HVAC replacement project were required by 2:00 pm on Friday, September 4, 2026, with proposals valid for 90 calendar days following the bid opening. Questions regarding the solicitation were required to be submitted in writing to the Purchasing Officer by 4:00 pm on August 27, 2026, with late proposals to be returned unopened.
View the file
Other files
Show all 24
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
PERFORMANCE
BOND
KNOW ALL MEN BY THESE PRESENTS,
That we, as Principal, and firmly bound unto the City of Lompoc in the sum of said sum being the amount of the following described contract, to be paid to the said City, its successors, and assigns; for which payment, well and truly to be made, we bind ourselves, our heirs, executors, and administrators, successors, or assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THEIR OBLIGATION IS SUCH,
THAT WHEREAS, the City Council of the City of Lompoc, State of California, by formal action the Day of , 2026 awarded to said principal a contract to in strict conformity with plan and special provisions, Bid No. ________ and whereas, said Principal is required under the terms of said Contract to furnish a Bond for the faithful performance of said Contract.
NOW THEREFORE, if the above bounden Principal, their, her or its heirs, executors, administrators, successors or assigns shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions and agreements in the said Contract and any alteration thereof made as therein provided, on their or her or their part, to be kept and performed at the time and in the manner therein specified and in all respects according to their true intent and meaning, and shall indemnify and save harmless the City of Lompoc, its officers and agents, as therein stipulated, then their obligation shall become null and void; otherwise it shall remain in full force and effect.
And the said Surety, for value received, hereby stipulates, and agrees that no change, extension of time, alteration, or addition to the terms of the Contractor to the work to be performed thereunder shall in any way affect its obligations on their bond, and it does hereby waive notice of any change, extension of time, alteration, or addition to the terms of the Contract or to the work.
IN WITNESS WHEREOF, their instrument has been duly executed by the Principal and Surety above named, on the day of , 2026.
(Seal)
Principal
Surety
Address
NOTE: Signature of person executing for the Surety must be properly acknowledged.
PERFORMANCE BOND
File details come from the government source that posted it. Updated .