SAMPLE_BID_BOND.docx
DOCX document 18 KB Posted
- Attached to
- 2027 Rock Salt for Drinking Water Softening State and local contract opportunity
- Solicitation number
- IFB-2026-010
- Issued by
- Hamilton County, Indiana
About this file
This is a Bid Bond form issued by the City of Carmel, Indiana, for use in connection with the 2027 Rock Salt for Drinking Water Softening procurement. The City of Carmel, through its Board of Public Works and Safety in Hamilton County, Indiana, is soliciting sealed bids for approximately 8,000 tons of coarse Southern United States rock salt intended for drinking water softening applications. The rock salt must comply with American Water Works Association specification B200-22 and be NSF60 compliant, with the material required to be clean and free of dirt and debris. Bids will be received via the City's e-Procurement Portal at https://procurement.opengov.com/portal/carmelin, with a submission deadline of 8:00 am on Wednesday, August 19, 2026.
The Bid Bond requires bidders to post security equal to ten percent (10%) of their bid proposal price as a guarantee of good faith. The surety company must be listed on the U.S. Treasury Department's "Surety Companies Acceptable on Federal Bonds" as specified in Treasury Circular 570 and must be authorized to transact business in Indiana. Upon bid acceptance, the successful bidder must execute a contract, provide performance and payment bonds each equal to one hundred percent (100%) of the total project agreement price, and fulfill all conditions outlined in the contract documents. If the bidder fails to comply with these requirements within the prescribed timeframe, the bid bond will be forfeited as liquidated damages to the City.
View the file
Other files for this state and local contract opportunity
| File | Type | Posted |
|---|---|---|
| 2027_Rock_Salt_for_Drinking_Water_Softening_(Addendum_#1_Revision).pdf | ||
| PERFORMANCE_BOND.pdf | ||
| SAMPLE_OF_MOU_FOR_E-VERIFY.pdf | ||
| 2027_ROCK_SALT_SPECIFICATIONS.pdf | ||
| FIELD_ORDER.pdf | ||
| NON_COLLUSION_AFFIDAVIT.pdf | ||
| CONTRACT_CHANGE_REQUEST.pdf | ||
| Exhibit_D_E-Verify-1.PDF | ||
| MAINTENANCE_BOND.pdf | ||
| RIGHT_OF_ENTRY.pdf | ||
| SAMPLE_AGREEMENT.pdf | ||
| CONTRACT_CHANGE_ORDER.pdf | ||
| MANUFACTURERS_LIST.pdf | ||
| PAYMENT_BOND.pdf | ||
| REQUEST_FOR_PROPOSAL_CHANGE.pdf | ||
| SCREENSHOT_INSTRUCTIONS_-_FOR_BIDS.pdf | ||
| SUBCONTRACTORS_LIST.pdf | ||
| WORK_DIRECTIVE_CHANGE.pdf | ||
| 6._Comprehensive_Set_of_Technical_Specifications_2021-04-28_(V2.7).docx | DOCX document |
Show all 19
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Text version
BID BOND
City of Carmel
Instructions To Bidders Bidders may use this form or other form containing the same material conditions and provisions as approved in advance by OWNER/Obligee.
Bidder/Surety must attach a signed, certified and effective dated copy of the Power of Attorney or Attorney-In-Fact establishing the authority of the person(s) signing this Bid Bond on behalf of the Surety.
The Surety company executing this bond shall appear on the most current list of “Surety Companies Acceptable on Federal Bonds,” as specified in the U.S. Treasury Department Circular 570, as amended, and be authorized to transact business in the State of Indiana.
KNOW ALL MEN BY THESE PRESENTS, that the undersigned “Bidder”: _________________________________________________________________ and
| “Surety”: | [Name] | _______________________________________________________ | |
| [Address]___________________________________________________________ | __________________________________________________________________, |
a corporation chartered and existing under the laws of the State of ______________________________, and authorized to do business in the State of Indiana, are held and firmly bound unto the City of Carmel, Indiana (“Obligee”) in the full and just sum equal to ten percent (10%) of the price stated in the Bid proposal described in Part 2, including accepted alternates, if any, to be paid upon demand of the Obligee, together with interest at the maximum legal rate from date of demand and any attorney fees and court costs incurred by Obligee to enforce this instrument, to which payment well and truly to be made we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally and firmly by these presents. Ten percent (10%) of the price stated in the Bid Proposal is $_________________.
WHEREAS, the Obligee has solicited Bids for certain work for or in furtherance of construction of improvements described generally as:
BID PROJECT
pursuant to plans, specifications and other “Contract Documents” included as parts of and designated by such solicitation; and WHEREAS, the Bidder has submitted to the Obligee a Bid proposal to perform such Work.
NOW THEREFORE: The conditions of this obligation are such that if the Bid proposal be accepted, with or without conditions, the Bidder shall within such time thereafter as prescribed by the Contract Documents (i) fulfill all conditions of such award that remain to be fulfilled, (ii) execute an Agreement in accordance with the Bid proposal and in the form and manner required by the Contract Documents, and (iii) thereafter provide all bonds, and other documentation required by the Contract Documents to be delivered to Obligee prior to commencing work on the project, including without limitation a sufficient and satisfactory performance bond and payment bond payable to Obligee, each in an amount of one hundred percent (100%) of the total project Agreement price as awarded and in form and with surety satisfactory to said Obligee, then this obligation to be void; otherwise to be and remain in full force and virtue in law, and the Surety shall, upon failure of the Bidder to comply with any or all of the foregoing requirements within the time specified above and as prescribed by the Contract Documents, immediately pay to the Obligee, upon demand, the amount hereof, in good and lawful money of the United States of America, not as a penalty, but as liquidated damages.
IN TESTIMONY THEREOF, the Bidder and Surety have caused this instrument to be duly signed and sealed this day of , 20 .
This BID Bond shall bind the undersigned Surety whether or not also signed by the Bidder.
“Bidder” “Surety”
By: ____________________________ By:________________________________
Printed:__________________________ Printed:_____________________________
Countersigned:________________________
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