Public_Construction_Bond_(25).doc

DOC document 29 KB Posted

Attached to
CR 395 North Road Reconstruction Multi-Use Path Project
Solicitation number
25-23
Issued by
Walton County, Florida

About this file

The document is a Public Construction Bond for the Walton County Board of County Commissioners in Florida, specifically related to the CR 395 North Road Reconstruction Multi-Use Path Project. The project involves road reconstruction, resurfacing, and constructing a 10-foot wide asphalt multi-use path along approximately 7,200 linear feet of County Road 395 North in Santa Rosa Beach. The contract duration is 365 days for substantial completion, with an additional 30 days for punch list items. A non-mandatory pre-bid conference is scheduled for September 8, 2025, at 8:30 am, with bid responses due by October 1, 2025, at 3:30 pm. Bidders must be Florida Department of Transportation (FDOT) prequalified in specific work classes including drainage, flexible paving, grading, grassing, pavement marking, and roadway signage.

The estimated total construction cost is $3,359,370.57, with a construction cost subtotal of $3,139,598.67. The project includes provisions for bonds (maximum 2% of bid at $62,791.97) and mobilization (maximum 5% of bid at $156,979.93). Environmental permits from the Northwest Florida Water Management District and Florida Department of Environmental Protection have been secured, including wetland mitigation through the purchase of 0.56 credits from the Nokuse Plantation Mitigation Bank. The project will impact approximately 0.922 acres of wetlands and involves comprehensive site preparation, including clearing, grubbing, earthwork, sediment barriers, hydro-seeding, and sodding. Bidders are required to submit a 5% bid security and comprehensive documentation. Liquidated damages are set at $2,667 per day for failure to achieve substantial completion and $1,333 per day for final completion delays. The county reserves the right to reject any or all bids, with funding to be drawn from annual county appropriations.

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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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