Public_Construction_Bond.doc
DOC document 30 KB Posted
- Attached to
- Mack Bayou Road Pedestrian Improvements Phase I
- Solicitation number
- ITB 25-04
- Issued by
- Walton County, Florida
About this file
This is a Public Construction Bond document issued by the Board of County Commissioners, Walton County, Florida, for the Mack Bayou Road Pedestrian Improvements Phase I project. The bond secures the principal contractor's performance of the construction contract and compliance with payment obligations to all laborers, material suppliers, and subcontractors involved in the project. The project involves constructing a multi-use path approximately 10,845 linear feet long, extending from Monarch Drive to Harborview Road in Santa Rosa Beach, Florida, which includes milling and resurfacing of the existing roadway. The contract duration is 180 days for substantial completion, with an additional 30 days allocated for punch list items. Bid responses are due by February 25, 2025, at 3:00 pm, and a non-mandatory pre-bid conference is scheduled for January 28, 2025, at 10:00 am. The bond document establishes the legal framework requiring the surety to guarantee the principal's performance and financial obligations under the construction contract.
The Public Construction Bond requires the principal and surety to guarantee performance of all work and materials furnished under the contract for the specified term. Contractors must maintain comprehensive insurance coverage and comply with state and federal regulations, including E-Verify employment verification and provisions against unauthorized alien employment. The project is partially funded through a State Funded Grant Agreement with the Florida Department of Transportation (FDOT), and contractors must be pre-qualified by FDOT in specific work classes including drainage, flexible paving, grading, and sidewalk construction. Liquidated damages are assessed at $2,667 per calendar day for failure to meet completion deadlines. Contractors must submit performance and payment bonds, insurance certificates, previous experience documentation, and various compliance forms. Venue for any litigation arising from the bond is established in Walton County, Florida.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| Mack_Bayou_Road_Pedestrian_Improvements_Phase_I_(Addendum_#7_Revision).pdf | ||
| Copy_of_MACK_BAYOU_ROAD_MULTI-USE_TRAIL_PHASE_1__Bid_Schedule_updated_.xlsx | XLSX spreadsheet | |
| UPDATED_Revised_Plans-Addendum.pdf | ||
| Contract_No._25-04.pdf | ||
| UNAUTHORIZED_ALIENS.pdf | ||
| TRENCH_SAFETY_COMPLIANCE.docx | DOCX document | |
| PUBLIC_ENTITY_CRIMES.pdf | ||
| BID_FORM.docx | DOCX document | |
| FDOT_Grant_No._G2R99.pdf | ||
| Public_Construction_Bond.doc | DOC document | |
| TE_No_.1.pdf | ||
| 01_Final_Permit_453753-001-002-EE.pdf | ||
| Mack_Bayou_Phase_1_Plans.pdf |
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Text version
SEQ CHAPTER \h \r 1PUBLIC CONSTRUCTION BOND
BOARD OF COUNTY COMMISSIONERS,
WALTON COUNTY, FLORIDA
BY THIS BOND, We _________________________________________________, as Principal and ___________________________________________, a corporation, as Surety, whose address is , , Florida , are bound to Walton County, Florida, a political subdivision of the State of Florida, hereinafter referred to as "COUNTY", in the sum of ______________________________ DOLLARS ($________________), 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 ________________, 20___, 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 __________________, 20___.
ATTEST: PRINCIPAL
By:__________________________
By: ____________________ (SEAL)
[PRINT NAME & TITLE]
ATTEST: SURETY
By:__________________________
By: _________________________
[PRINT NAME & TITLE]
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