Performance_Bond.pdf
PDF 23 KB Posted
- Attached to
- 701 Orange St - New Furnace & Water Heater
- Solicitation number
- 2026-COMMUNITY DEVELOPMENT-054
- Issued by
- Kalamazoo County, Michigan
About this file
This is a Performance Bond form for the City of Jackson, Michigan, established as a contractual guarantee instrument for the project at 701 Orange Street involving installation of a new furnace and water heater. The bond secures the contractor's obligation to perform all work in accordance with contract drawings, specifications, conditions, and stipulations established by the City of Jackson Community Development Department. The bond protects the City from public liability, damages, liens, and claims arising from contract performance. The form provides space for designation of the principal contractor, surety company, bond amount, contract date, and work description. The bond remains in full force notwithstanding any modifications, extensions, or forbearance granted by the City to the contractor, and notice to the surety of such changes is waived.
The bond requires execution by both the contractor principal and the surety's attorney-in-fact, with the surety's Power of Attorney to be attached. As indicated in the related contract opportunity, bidders must maintain current SAM.gov registration, possess proper licensing, and obtain required permits prior to bid submission. Projects are awarded to qualified, lowest-bid contractors. The performance bond amount is to be completed based on the contract value, and the bond document serves as a standard requirement for the City of Jackson's competitive, sealed-bid procurement process for home repairs provided to program-qualified homeowners.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| 701_Orange_St_-_New_Furnace_&_Water_Heater.pdf | ||
| Labor_and_Material_Payment_Bond.pdf | ||
| All_Services_Sample_Contract_.docx | DOCX document | |
| Maintenance_and_Guarantee_Bond.pdf |
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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 .