Public_Construction_Bond.doc
DOC document 33 KB Posted
- Attached to
- One Seagrove Neighborhood Beach Access Renovation Project State and local contract opportunity
- Solicitation number
- ITB 24-15
- Issued by
- Walton County, Florida
About this file
The document is a Public Construction Bond for Walton County, Florida, relating to the One Seagrove Neighborhood Beach Access Renovation Project. The project involves renovating a beach access area, including removing and replacing existing sidewalk, handrail, bike rack, rinse shower, and constructing an ADA-accessible dune walkover. The contract duration is set at 90 days for substantial completion, with an additional 30 days allocated for punch list completion.
The bond, which is a standard legal instrument for public construction projects, ensures the principal's performance and payment obligations. It protects Walton County by guaranteeing that the contractor will complete the work as specified, make payments to labor and material suppliers, and cover any potential losses or damages. The bond is structured in compliance with Section 255.05 of Florida Statutes, with venue for any potential litigation specified as Walton County, Florida. The financial details of the bond amount are left blank in this template document, to be filled in with the specific project's bonding requirements.
View the file
Other files for this state and local contract opportunity
| File | Type | Posted |
|---|---|---|
| One_Seagrove_Neighborhood_Beach_Access_Renovation_Project_(Addendum_#2_Revision).pdf | ||
| Contract_No._24-15.pdf | ||
| One_Seagrove_NBA_CCCL_Permit_WL001500_FO_SECURED.pdf | ||
| One_Seagrove_Full_Set_11-5-24R.pdf | ||
| One_Seagrove_Full_Set_10-15-24.pdf | ||
| Project_Manual_Documents_&_Specifications.pdf | ||
| Recorded_CBM_Tier_2_Permit.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 ________________, 2024, 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 __________________, 2024.
ATTEST: PRINCIPAL
By:__________________________
By: ____________________ (SEAL)
[PRINT NAME & TITLE]
ATTEST: SURETY
By:__________________________
By: _________________________
[PRINT NAME & TITLE]
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File details come from the government source that posted it. Updated .