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 of Walton County, Florida, related to the Mack Bayou Road Pedestrian Improvements Phase I project. The project involves constructing a multi-use path approximately 10,845 linear feet long, starting near Monarch Drive and ending at Harborview Road in Santa Rosa Beach, Florida. The contract duration is set at 180 days for substantial completion, with an additional 30 days allocated for punch list completion. The bond serves to guarantee the principal's performance, ensure prompt payments to claimants, cover potential county losses, and provide a performance guarantee for work and materials.
The bond document outlines the financial and legal protections for Walton County, binding the principal and surety to specific obligations under Florida Statutes Section 255.05. While specific financial details are not fully completed in this template document, the bond represents a standard mechanism to protect the county's interests in the public infrastructure project. The bond includes provisions for venue in Walton County for any potential litigation and allows for changes in contract documents without affecting the surety's obligations. The project appears to be funded as a local infrastructure improvement, focusing on pedestrian accessibility and road resurfacing in the Santa Rosa Beach area.
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 | ||
| 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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