Public_Construction_Bond_(25).doc
DOC document 29 KB Posted
- Solicitation number
- 26-06
- Issued by
- Walton County, Florida
About this file
This is a Public Construction Bond document issued by the Board of County Commissioners for Walton County, Florida, serving as a surety bond requirement for a construction contract. The bond obligates the Principal contractor and Surety corporation to Walton County for faithful performance of a construction contract dated in 2025. The contractor is responsible for completing the work according to the contract specifications and timeline, with the bond amount to be specified by the county. The bond term extends through the duration of the contract performance and includes a guarantee period for all work and materials furnished as specified in the underlying contract documents.
The bond establishes the Principal's obligation to promptly pay all claimants (including laborers, material suppliers, and service providers) involved in the construction work, as defined under Florida Statutes Section 255.05(1). The Principal must also indemnify Walton County for any losses, damages, expenses, costs, and attorney's fees sustained due to default under the contract. The bond remains enforceable regardless of any changes to contract documents or compliance issues with contract formalities. Claims against the bond must be made in accordance with notice and time limitations specified in Florida Statutes Section 255.05(2), with venue for any resulting litigation established in Walton County, Florida. The specific bond amount, principal contractor name, surety corporation details, and contract date are to be completed upon execution.
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| Contract_No._26-06.pdf | ||
| Corporate_Power_of_Attorney.docx | DOCX document | |
| Consent_of_Surety.docx | DOCX document | |
| Public_Construction_Bond.doc | DOC document | |
| FDOT_Specifications_Section_911.pdf | ||
| FDOT_Specifications_Section_204.pdf | ||
| Public_Construction_Bond_(25).doc | DOC document | |
| CONSTRUCTION_CONTRACT.doc | DOC document |
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Text version
SEQ CHAPTER \h \r 1PUBLIC CONSTRUCTION BOND
BOARD OF COUNTY COMMISSIONERS,
WALTON COUNTY, FLORIDA
BY THIS BOND, We _________________________________________________, as Principal and ___________________________________________, a corporation, as Surety, whose address is , , Florida , are bound to Walton County, Florida, a political subdivision of the State of Florida, hereinafter referred to as "COUNTY", in the sum of ______________________________ DOLLARS ($________________), for the payment of which, we bind ourselves, our heirs, personal representatives, successors, and assigns, jointly and severally.
THE CONDITION OF THIS BOND is that the Principal:
1.
Performs the Contract dated ________________, 2025, between Principal and County for the construction of:
the Contract being made a part of this bond by reference, at the times and in the manner prescribed in the Contract, and
2.
Promptly makes payments to all claimants, as defined in Section 255.05(1), Florida Statutes, supplying Principal with labor, materials, or supplies, used directly or indirectly by Principal in the prosecution of the work provided for in the Contract; and
3.
Pays County all losses, damages, expenses, costs, and attorney's fees, including appellate proceedings, that County sustains because of a default by Principal under the Contract; and
4.
Performs the guarantee of all work and materials furnished under the Contract for the time specified in the Contract, then this bond is void; otherwise, it remains in full force.
Any claims made against this bond shall be made in accordance with the notice and time limitations specified in Section 255.05(2), Florida Statutes.
Any changes in or under the Contract Documents and compliance or noncompliance with any formalities connected with the Contract or the changes do not affect surety's obligation under this bond.
Venue for any litigation resulting from this bond shall be Walton County, Florida.
Signed and sealed this ____ day of __________________, 2025.
ATTEST: PRINCIPAL
By:__________________________
By: ____________________ (SEAL)
[PRINT NAME & TITLE]
ATTEST: SURETY
By:__________________________
By: _________________________
[PRINT NAME & TITLE]
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