Public_Construction_Bond_(25).doc
DOC document 29 KB Posted
- Solicitation number
- 25-22
- Issued by
- Walton County, Florida
About this file
This document is a Public Construction Bond issued by the Board of County Commissioners of Walton County, Florida, related to a materials procurement project for signalization improvements at the SR 20 and CR 83A W (West Bay Loop) intersection. The project involves the procurement and delivery of mast arms, traffic signal poles, and associated signalization components, with delivery to be made to the Walton County Purchasing Warehouse in DeFuniak Springs. The materials procurement is specifically for supply only, with no construction or installation work included in the solicitation. The delivery schedule will be mutually agreed upon with the County, taking into account long lead time items, and must be completed in support of the construction phase and in compliance with the Florida Defense Infrastructure Grant Agreement S0238.
The bond document establishes financial guarantees and performance obligations for the project, with the principal and surety jointly and severally bound to Walton County in a specified sum. The bond ensures prompt payment to claimants, covers potential losses and damages, and provides a performance guarantee for work and materials. The project is funded through a Florida Defense Infrastructure Grant, and the delivery location will be coordinated based on the project schedule. The bond includes provisions for venue (Walton County, Florida) and adherence to Florida Statutes Section 255.05 regarding claims and notice limitations.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| SR_20_&_CR_83A_W_Intersection_Signalization_Improvements_–_Materials_Only.pdf | ||
| Materials_ITB_Component_List-Illuminated_Signs__07202025.xlsx | XLSX spreadsheet | |
| Materials_ITB_Component_List-Illuminated_Signs.xlsx | XLSX spreadsheet | |
| ITB_23-24_Deer_Lake_Bridge_Materials_Published.pdf | ||
| 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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