Sample_Napa_County_Bid_Bond_Form.pdf
PDF 63 KB Posted
- Attached to
- Napa Library Building Maintenance Project
- Solicitation number
- PW 25-13A
- Issued by
- Napa County, California
About this file
This is a Bid Bond form issued by Napa County, California, for use in state and local contract opportunities. The form establishes the bonding requirements for contractors submitting bids to Napa County Board of Supervisors for projects including the Napa Library Building Maintenance Project, which encompasses building exterior maintenance work such as stucco patching, concrete spalling repairs, window and joint sealants, pressure washing, and repainting various surfaces. The bond obligates the principal contractor and surety to enter into a written contract within the prescribed timeframe following bid award, and to file performance and payment bonds as required by law.
The bid bond must be in the amount of ten percent (10%) of the total bid amount and may be submitted on this Napa County form or on a form supplied by a licensed surety insurer. If the contractor is awarded the contract and executes the required contract documents and bonds with the Clerk of the Napa County Board of Supervisors within the specified time and manner, the bid bond obligation becomes null and void. In the event the County pursues legal action on the bond, the surety shall pay all costs incurred by the County, including reasonable attorney's fees as determined by the court. Both the principal contractor and surety must execute the bond before a Notary Public.
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Text version
Napa County Bid Bond
Note: Bid Bonds to be on this form or on a form supplied by a licensed surety insurer
BIDDERS BOND
NAPA COUNTY
STATE OF CALIFORNIA
KNOW ALL PERSONS BY THESE PRESENTS,
That we as PRINCIPAL, and as SURETY, are held and firmly bound unto NAPA COUNTY, hereinafter called the COUNTY, in the penal sum of TEN PERCENT (10%) OF THE TOTAL AMOUNT OF THE BID of the Principal above named, submitted by said Principal to the Napa County Board of Supervisor, for the work described below, for the payment of which sum in lawful money of the United States, well and truly to be made, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally, firmly by these presents. In no case shall the liability of the surety hereunder exceed the sum of $________________________.
THE CONDITION OF THIS OBLIGATION IS SUCH THAT WHEREAS the Principal has submitted the above mentioned bid to the Board of Supervisors of the County of Napa for the in Napa County, in accordance with the Specifications entitled
_____________________________________________________________ [Project Name], ______________ [Project Number] and the current Standard Specifications of the State of
California, Department of Transportation, heretofore adopted by the Napa County Board of
Supervisors.
NOW THEREFORE, if the aforesaid Principal is awarded the contract and within the time and manner required under the Specifications, after the prescribed forms are presented to it for signature, enter into a written contract, in the prescribed form, in accordance with the bid, and files and two bonds with the Clerk of the Napa County Board of Supervisors, one to guarantee
Napa County Bid Bond faithful performance and the other to guarantee payment for labor and materials, as required by law, then this obligation shall be null and void; otherwise, it shall be and remain in full force and virtue.
In the event suit is brought upon this bond by the Obligee and judgment is recovered, the surety shall pay all cost incurred by the Obligee in such suit, including a reasonable attorney's fee to be fixed by the court.
SEALED with our seals and dated this day of _____________________________, _______.
Principal (contractor): Surety:
By: By:
, Attorney in Fact
By:
Signatures for Principal and Surety must be acknowledged before a Notary Public
File details come from the government source that posted it. Updated .