Performance_Bond.pdf
PDF 23 KB Posted
- Solicitation number
- 2026-COMMUNITY DEVELOPMENT-043
- Issued by
- Kalamazoo County, Huntington Woods City, Michigan
About this file
This is a Performance Bond document issued by the City of Jackson, Michigan, for use in conjunction with a construction contract for repairs to a qualified homeowner's property located at 626 N East Street. The bond serves as a financial guarantee that the contractor will faithfully perform all work in accordance with the contract drawings, specifications, conditions, and stipulations. The bond obligates both the principal contractor and the surety to indemnify and hold harmless the City of Jackson from all public liability, damages, liens, and claims arising from the contract work. The document is a standard two-page form that requires completion of blank fields including the contractor's name, surety company information, bond amount, contract date, project description, and design professional information. The bond remains in effect regardless of any modifications to the contract terms, extensions of time, or forbearance granted by either party, with notice to the surety of such changes being waived.
The Performance Bond is a mandatory requirement for this City of Jackson Community Development Department project involving installation of a new furnace, air conditioning unit, and water heater. Contractors must be properly licensed, obtain any required permits, and maintain current SAM.gov registration prior to bid submission. The bond amount and specific financial terms are to be established based on the contract value once bids are received and evaluated. Projects are awarded to the qualified lowest bidder, and the bond ensures completion of work according to all contractual obligations without releasing the contractor or surety from liability due to contract modifications or schedule adjustments.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| 626_N_EAST_ST_-_NEW_FURNACE,_A_C_UNIT_&_WATER_HEATER_-_REBID.pdf | ||
| All_Services_Sample_Contract_.docx | DOCX document | |
| Maintenance_and_Guarantee_Bond.pdf | ||
| Labor_and_Material_Payment_Bond.pdf | ||
| 626_N_East_F19_-_FURNACE_-_REPLACE.docx | DOCX document |
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
BOND NO.
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS, that we, _______________________________ Contractor, as Principal, and as Surety, are held and firmly bound unto THE CITY OF JACKSON, MICHIGAN, 161 West
Michigan Avenue, Jackson, Michigan 49201, Owner, in the sum of (___________________) to be paid to the Owner for which payment well and truly be made we jointly and severally bind ourselves, our heirs, executors, administrators, and assigned firmly by these presents.
THE CONDITION OF THE ABOVE OBLIGATIONS ARE such that, WHEREAS, the said ______________________________ (CONTRACTOR) did, on the ____________day of _____________________, _______, enter into a certain contract with the said Owner for the __________________________________________ in accordance with drawings, specifications, conditions and stipulations prepared by which said contract, drawings, specifications, conditions and stipulations are by reference made a part hereof as if fully set out herein, and is hereinafter referred to as the Contract.
NOW, THEREFORE, the condition of the foregoing obligation is such that, if the said Contractor shall save harmless the said Owner from all public liability and damages of every description in connection with the Contract, shall well and faithfully in all things fulfill the Contract according to all the drawings, specifications, conditions and stipulations therein contained in all respects, and shall save and hold harmless the said Owner from and against all liens and claims of every description in connection with the Contract, then this obligation shall be void and of no effect; but otherwise, it shall remain in full force and virtue;
B-1
Jackson Performance Bond (Page 1 of 2)
AND PROVIDED, that any alterations which may be made in the terms of said Contract, or in the work be done under it, or in the event that the said Owner shall grant any extension of time for the performance of said contract or otherwise modify any elements of the Contract, or any forbearance on the part of either party to the other shall not in any way release the Principal and Surety, or either of them, their heirs, executors, administrators, successors or assigns, from any liability hereunder, notice to the Surety of any such alterations, modifications, extension or forbearance being hereby waived.
WITNESS our hands and seals this ___________ day of ___________, _______.
WITNESS:
Principal
By
Title
WITNESS:
Surety
By Attorney-in-fact
ATTACH POWER OF ATTORNEY
B-2 Jackson Performance Bond (Page 2 of 2)
File details come from the government source that posted it. Updated .