Sample_Napa_County_Bid_Bond_Form.pdf
PDF 63 KB Posted
- Attached to
- Fifth Street Parking Garage Security Project
- Solicitation number
- PW 25-13B
- Issued by
- Napa County, California
About this file
This is a Bid Bond Form provided by Napa County, California for the Fifth Street Parking Garage Security Project located at 1100 5th Street, Napa, CA 94559. The bid bond is a standard requirement for contractors submitting bids on this security installation project, which involves the installation of owner-furnished security cameras and associated electrical and low-voltage work at the parking garage facility. The form establishes the bonding requirements and conditions that bidders must satisfy as part of their proposal submission, ensuring financial accountability and good faith participation in the bidding process.
The bid bond form contains the standard terms and conditions required by Napa County for bid security, including the bonding company's obligations, penalty amounts, and conditions under which the bond may be forfeited. This document serves as a protective mechanism for the county to guarantee that the successful bidder will execute the contract at the bid price and in accordance with the contract terms. Specific details regarding bond amounts, bonding company requirements, and other financial conditions would be outlined in the associated solicitation documents and contractor requirements for the Fifth Street Parking Garage Security Project.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| Fifth_Street_Parking_Garage_Security_Project.pdf | ||
| PW_25-13B_Napa_Fifth_St_Garage_Security_Project_SPECS.pdf | ||
| PW_25-13B_Napa_Fifth_St_Garage_Security_Project_PLANS.pdf | ||
| Sample_Payment_and_Performance_Bonds.docx | DOCX document | |
| Sample_Construction_Contract.docx | DOCX document |
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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 .