Public_Construction_Bond_(25).doc

DOC document 29 KB Posted

Attached to
Pest Control, Weed Control, and Fertilizing Services
Solicitation number
26-14
Issued by
Walton County, Florida

About this file

This is a Public Construction Bond document issued by the Board of County Commissioners of Walton County, Florida, establishing bonding requirements for a construction contract. The bond serves as a guarantee that the principal contractor will perform construction work in accordance with a contract dated in 2025, with the surety guaranteeing payment to all claimants supplying labor, materials, or supplies for the project. The bond requires the principal to complete work at specified times and in the manner prescribed by the contract, perform all work guarantees for the duration specified, and compensate the county for any losses, damages, expenses, costs, and attorney's fees resulting from default. The document provides a template for execution by both the principal and surety, with venue for litigation established in Walton County, Florida. Claims against the bond must be made in accordance with notice and time limitations specified in Florida Statutes Section 255.05(2), and any changes to contract documents do not affect the surety's obligations.

The bond amount is to be completed based on the specific construction contract requirements and is binding on the principal, surety, their heirs, personal representatives, successors, and assigns, jointly and severally. The document references Florida Statutes regarding claimant definitions and claim procedures, establishing the legal framework within which the bond operates. No specific contract value, project description, or detailed performance requirements are outlined in this bond template, as those details are incorporated by reference to the underlying construction contract dated 2025.

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CONSTRUCTION_CONTRACT.doc DOC document
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Public_Construction_Bond_(25).doc DOC document
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25-0241_-_Pdf_(1).pdf PDF
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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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