Public_Construction_Bond_(25).doc
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- Attached to
- CR 1883 Improvements Phase 1 State and local contract opportunity
- Solicitation number
- ITB 25-16
- Issued by
- Walton County, Florida
About this file
This document is a Public Construction Bond for the Board of County Commissioners of Walton County, Florida, related to the CR 1883 Improvements Phase 1 project. The project involves resurfacing approximately 4.92 miles of County Road 1883 from SR 83 to CR 183B, with a contract duration of 160 days for substantial completion and an additional 30 days for punch list completion. Bids are due by 3:00 pm on July 7, 2025, with a non-mandatory pre-bid meeting scheduled for June 5, 2025, at 9:00 am. Contractors must be Florida Department of Transportation (FDOT) prequalified in specific work classes including Drainage, Flexible Paving, Grading, Grassing/Seeding/Sodding, Pavement Marking, and Roadway Signing.
The project is funded through federal financial assistance from FDOT under Grant Award Agreement No. G2M73, with a total estimated project cost of approximately $4,415,263 from Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) from the American Rescue Plan Act (ARPA). Contractors are required to provide a 5% bid bond and comply with administrative requirements, including drug-free workplace certification and registration with the Florida Division of Corporations. The contract is a unit price contract with detailed pricing for various line items such as mobilization, maintenance of traffic, work zone signs, sediment barriers, milling, and asphalt paving. Walton County reserves the right to reject any or all bids and may value engineer the project scope if the lowest bid exceeds the budgeted amount.
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Text version
SEQ CHAPTER \h \r 1PUBLIC CONSTRUCTION BOND
BOARD OF COUNTY COMMISSIONERS,
WALTON COUNTY, FLORIDA
BY THIS BOND, We _________________________________________________, as Principal and ___________________________________________, a corporation, as Surety, whose address is , , Florida , are bound to Walton County, Florida, a political subdivision of the State of Florida, hereinafter referred to as "COUNTY", in the sum of ______________________________ DOLLARS ($________________), 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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