Public_Construction_Bond_(26).doc
DOC document 34 KB Posted
- Attached to
- Maintaining Multi-Use Path and Rights of Way
- Solicitation number
- 26-20
- Issued by
- Walton County, Florida
About this file
This is a Public Construction Bond document related to a Florida county contract for maintaining multi-use paths and rights of way. The contract involves landscape maintenance and multi-use path upkeep services according to specified standards and conditions, with designated service locations outlined in project attachments. The initial contract term is one year from the date of full agreement execution, with the county retaining the option to renew the contract under terms detailed in the solicitation and resulting agreement documents.
The bond document establishes financial security requirements for the contractor undertaking this maintenance work. This type of bonding is standard for public construction and service contracts in Florida to ensure contractor performance and compliance with contract obligations. The specific bond amount, bonding company requirements, and any additional financial or performance conditions would be detailed within the complete bond documentation and the primary contract agreement.
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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 ________________, 2026, 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 __________________, 2026.
ATTEST: PRINCIPAL
By:__________________________
By: ____________________ (SEAL)
[PRINT NAME & TITLE]
ATTEST: SURETY
By:__________________________
By: _________________________
[PRINT NAME & TITLE]
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