Performance_Labor_Bonds.pdf
PDF 72 KB Posted
- Attached to
- Design Services for Hamilton Road Sidewalks
- Solicitation number
- 25-039
- Issued by
- Santa Rosa County, Maryland
About this file
The document contains two standard bond forms - a Performance Bond and a Contractor's Labor and Material Bond - issued for Charles County, Maryland, a municipal corporation. Both bond templates are blank and designed to be completed for a specific contract, with spaces to fill in details such as the Principal, Surety, contract amount, ITB Number, and ITB Solicitation Title. The forms are nearly identical in structure, with the Performance Bond focusing on the contractor's overall contract performance and the Labor and Material Bond specifically addressing payment to claimants for labor, materials, supplies, and equipment used in contract execution.
The bond forms are standardized legal instruments that provide financial protection for Charles County, ensuring that the contracted principal will fulfill all contractual obligations and make appropriate payments to workers and suppliers. Each bond includes provisions that allow for contract modifications, extensions, and waives the surety's right to receive notice of such changes. The bonds are executed in accordance with Maryland state law and require signatures from the Principal, Surety, and approval by the County Attorney. While no specific contract details are filled in, these forms represent a critical risk management tool for the county in managing large infrastructure or construction projects.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| Design_Services_for_Hamilton_Road_Sidewalks.pdf | ||
| Special_Provision_-_250618.pdf | ||
| Plat_Requirements.pdf | ||
| Sample_Contract_-_Consecutive_Number_of_Days_Specified.pdf | ||
| B_-_Hamilton_Road_Maps_-_250605.pdf | ||
| Sample_Contract_-_Term_&_Renewals_Specified.pdf | ||
| Project_Close_Out_Documents.pdf | ||
| Hamilton_Rd-Formal_Procurement_Rqst__U_5-12-25_-_signed.pdf | ||
| Hamilton_Road_Sidewalks_Special_Provisions.docx | DOCX document | |
| Evaluation_Criteria_Matrix.xlsx | XLSX spreadsheet | |
| Technial_Proposal_Section.docx | DOCX document | |
| Hamilton_Road_Sidewalk_Cost_Proposal_Form.xlsx | XLSX spreadsheet |
Show all 12
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Text version
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
That we, as
Principal, HEREINAFTER CALLED PRINCIPAL, AND
AS SURETY, HEREINAFTER CALLED
SURETY, ARE HELD FIRMLY BOUND UNTO CHARLES COUNTY, MARYLAND, A MUNICIPAL CORPORATION, HEREINAFTER CALLED THE COUNTY, IN THE AMOUNT OF WORDS
DOLLARS, AND IN FIGURES
$ , FOR THE PAYMENT
WHEREOF PRINCIPAL AND SURETY BIND THEMSELVES, THEIR HEIRS, EXECUTORS, ADMINISTRATORS, SUCCESSORS AND ASSIGNS, JOINTLY AND SEVERALLY, FIRMLY BY THESE PRESENTS.
WHEREAS, THE PRINCIPAL HAS ENTERED INTO A WRITTEN CONTRACT DATED
, 20 WITH THE COUNTY FOR
ITB Number:
ITB Solicitation Title:
WHICH CONTRACT BY REFERENCE MADE PART THEREOF AND HEREINAFTER REFERRED TO AS THE CONTRACT.
NOW THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, THAT THE PRINCIPAL SHALL WELL, TRULY AND PROPERLY PERFORM AND FULFILL ALL OF THE UNDERTAKINGS, COVENANTS, TERMS, CONDITIONS
AND AGREEMENTS OF SAID CONTRACT AND OF ALL SUCH ALTERATIONS AND MODIFICATIONS, DURING THE
ORIGINAL TERMS OF SAID CONTRACT AND ANY EXTENSIONS THEREOF WHICH MAY BE GRANTED BY THE
COUNTY AND AGREED UPON BY THE PRINCIPAL; AND IF THE PRINCIPAL SHALL INDEMNIFY AND SAVE
HARMLESS THE COUNTY FROM ALL LOSS, COST OR DAMAGE ARISING OUT OF A DEFAULT HEREUNDER OR
UNDER SAID CONTRACT, THEN THIS OBLIGATION SHALL BE NULL AND VOID; OTHERWISE IT SHALL BE AND
REMAIN IN FULL FORCE AND EFFECT.
THE SURETY EXPRESSLY WAIVES ANY RIGHT TO RECEIVE NOTICE OF EXTENSIONS OF TIME, OR ALTERATIONS
OR MODIFICATIONS OF THE CONTRACT WHICH ARE PROVIDED FOR AND MADE PURSUANT TO THE TERMS OF
SAID CONTRACT.
PROVIDED, HOWEVER, NO RIGHT OF ACTION SHALL ACCRUE ON THIS BOND TO OR FOR THE USE OF ANY
PERSON, FIRM OR CORPORATION WHATEVER OTHER THAN THE COUNTY NAMED HEREIN, OR ITS SUCCESSORS
IN OFFICE.
SIGNED AND SEALED THIS DAY OF , 20
IN THE PRESENCE OF: (SEAL)
PRINCIPAL: (SEAL)
SURETY: (SEAL)
APPROVED AS TO FORM AND LEGAL SUFFICIENCY BY COUNTY ATTORNEY:
CONTRACTOR’S LABOR AND MATERIAL BOND
KNOW ALL MEN BY THESE PRESENTS:
THAT WE AS PRINCIPAL
HEREINAFTER CALLED PRINCIPAL, AND AS SURETY
HEREINAFTER CALLED SURETY, ARE HELD FIRMLY BOUND UNTO CHARLES COUNTY, MARYLAND, A
MUNICIPAL CORPORATION, HEREINAFTER CALLED THE COUNTY, IN THE AMOUNT OF WORDS
, AND IN FIGURES $
FOR THE PAYMENT WHEREOF PRINCIPAL AND SURETY BIND THEMSELVES, THEIR HEIRS,
EXECUTORS, ADMINISTRATORS, SUCCESSORS AND ASSIGNS, JOINTLY AND SEVERALLY, FIRMLY
BY THESE PRESENTS.
WHEREAS, THE PRINCIPAL HAS ENTERED INTO A WRITTEN CONTRACT DATED
ITB NO.
ITB SOLICITATION TITLE:
WHICH CONTRACT BY REFERENCE MADE PART THEREOF AND HEREINAFTER REFERRED TO AS
THE CONTRACT.
NOW THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, THAT THE PRINCIPAL SHALL
MAKE PAYMENT TO EACH AND EVERY CLAIMANT, AS HEREINAFTER DEFINED, FOR ALL LABOR,
MATERIALS, SUPPLIES AND RENTAL OF EQUIPMENT REASONABLY REQUIRED AND USED OR
CONSUMED IN THE PERFORMANCE OF THE CONTRACT AND OF ALL SUCH ALTERATIONS AND
MODIFICATIONS OF SAID CONTRACT AS MAY HEREAFTER BE MADE THEREIN, IN THE MANNER
AND TO THE EXTENT WHICH SAID CONTRACT PROVIDES FOR SUCH ALTERATIONS AND
MODIFICATIONS, DURING THE ORIGINAL TERMS OF SAID CONTRACT AND ANY EXTENSIONS
THEREOF WHICH MAY BE GRANTED BY THE COUNTY AND AGREED UPON BY THE PRINCIPAL;
THEN THIS OBLIGATION SHALL BE NULL AND VOID; OTHERWISE IT SHALL BE AND REMAIN IN
FULL FORCE AND EFFECT.
THE SURETY EXPRESSLY WAIVES ANY RIGHT TO RECEIVE NOTICE OF EXTENSIONS OF TIME, OR
ALTERATIONS OR MODIFICATIONS OF THE CONTRACT WHICH ARE PROVIDED FOR AND MADE
PURSUANT TO THE TERMS OF SAID CONTRACT.
PROVIDED, HOWEVER, ANYTHING IN SAID CONTRACT TO THE CONTRARY
NOTWITHSTANDING, THIS BOND IS EXECUTED UPON AND IN ACCORDANCE WITH THE CODE OF
MARYLAND.
SIGNED AND SEALED THIS DAY OF , 20
IN THE PRESENCE OF: (SEAL)
PRINCIPAL: (SEAL)
SURETY: (SEAL)
APPROVED AS TO FORM AND LEGAL SUFFICIENCY BY COUNTY ATTORNEY:
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