Public_Construction_Bond_(25).doc

DOC document 29 KB Posted

Attached to
ESGC Phase One Maintenance Building
Solicitation number
25-19
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, for the ESGC Phase One Maintenance Building construction project. The bond secures the Principal's performance of the construction contract dated 2025 and ensures prompt payment to all claimants supplying labor, materials, and supplies. The project involves constructing a maintenance facility at the Eagle Springs Golf Course Complex in DeFuniak Springs, Florida, with a contract duration of 120 days for substantial completion and an additional 30 days for punch list completion. A mandatory pre-bid meeting is scheduled for July 8, 2025, at 8:30 a.m., with bid responses due by July 30, 2025, at 3:00 p.m. The bond binds the Principal and Surety jointly and severally to perform all work and materials as specified in the contract, with venue for any litigation established in Walton County, Florida.

The bond amount will be established based on the bid amount, with bidders required to submit a 5% bid security. The total estimated project cost is $3,283,497.67, comprising a base bid of $1,624,045.09 for the pre-engineered metal building (approximately 9,600 square feet), Alternate 1 interior build-out at $805,000.00, Alternate 2 access and parking lot paving at $682,853.32, and Alternate 3 sewer lift station at $171,599.26. The selected contractor must be a licensed General Contractor compliant with Walton County Ordinance 2009-01 and must obtain a Walton County Building Permit in accordance with ordinance requirements. Project funding is through Walton County resources with a 15% contingency included for each alternate. The bond remains in full force until the Principal performs all contract obligations and guarantees all work and materials for the time specified in the contract documents.

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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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