PH-582-232-002 - Bid Bond - Limited Liabiliy Company.pdf
PDF 100 KB Posted
- Attached to
- PH-582-232-002 - HVAC Replacement/Upgrades at Maryland State Police Barrack “H”, La Plata
- Solicitation number
- BPM040481
- Issued by
- Charles County, La Plata Town, Maryland
About this file
This document is a Bid Bond for the state and local contract opportunity PH-582-232-002 - HVAC Replacement/Upgrades at Maryland State Police Barrack "H" in La Plata. The contract is being issued by the State of Maryland and involves the Charles County and La Plata Town jurisdictions. The project requires the replacement and upgrade of the HVAC system at the Maryland State Police Barrack "H" located in La Plata. The Bid Bond binds the Principal and Surety to the State of Maryland for a specified sum, ensuring that the Principal will execute the necessary contractual documents and provide any required bonds if their bid is accepted. The bid acceptance period is 90 days, and the Principal has 10 days to submit the required documents after receiving the forms.
The Bid Bond includes pricing and legal terms related to the contract. It does not provide details on the pricing, set asides, incumbents, funding requirements, or other salient information about the contract opportunity beyond the scope of the Bid Bond itself.
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Text version
Bid Bond Page-1 effective date: May 1, 2018
Bid Bond
Bond No. __________________
We, _______________________________ as Principal, hereinafter called the Principal, and ____________________________, a corporation duly organized under the laws of the State of __________________, as Surety, hereinafter called the Surety, are held and firmly bound unto the State of Maryland, hereinafter called "State", for the sum of _______________________________________ for the payment of which sum, the Principal and the Surety bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
WHEREAS, the Principal has submitted a bid for (Identify project by number and brief description):
PH-582-232-002 - HVAC Replacement/Upgrades at Maryland State Police Barrack “H” La Plata
NOW, THEREFORE, if the Principal, upon acceptance by the State of its bid identified above, within the period specified therein for acceptance (ninety (90) days, if no period is specified), shall execute such further contractual documents, if any, and give such bond(s) as may be required by the terms of the bid as accepted within the time specified (ten (10) days if no period is specified) after receipt of the forms, or in the event of failure so to execute such further contractual documents and give such bonds, if the Principal shall pay the State the difference not to exceed the penalty hereof between the amount specified in Principal's bid and such larger amount for which the State may in good faith contract with another party to perform the work covered by said bid, then the above obligation shall be void and of no effect.
The Surety executing this instrument hereby agrees that its obligation shall not be impaired by any extension(s) of the time for acceptance of the bid that the Principal may grant to the State, notice of which extension(s) to the Surety being hereby waived; provided that such waiver of notice shall apply only with respect to extensions aggregating not more than ninety (90) calendar days in addition to the period originally allowed for acceptance of the bid.
Individual Principal (Managing Member of LLC)
In Presence of:
Witness
(Name) as to (SEAL)
Partnership Principal
In Presence of:
Witness
(Name) as to (SEAL) Partner as to (SEAL) Partner as to (SEAL) Partner
Bid Bond Page-2 effective date: May 1, 2018
Corporate Principal
Attest: (Name of Corporation) AFFIX
SEAL
By:
Secretary President
Attest: (Surety)
By:
Attorney-in-fact AFFIX
SEAL
Bonding Agent’s Name
Agent’s Address:
Approved as to form and legal sufficiency this ____ day of _____ 20___
Assistant Attorney General
Bid Bond
File details come from the government source that posted it. Updated .