SF1418.pdf
PDF 784 KB Posted
- Attached to
- 3420 Two Stop Log Barges Federal contract opportunity
- Solicitation number
- W912BU24B0021
About this file
This document is a Standard Form 1418, which is a Performance Bond for Other Than Construction Contracts. It outlines the obligations and conditions of a performance bond for a federal contract. The key details are:
The Principal (the contractor) has entered into a contract with the Government, and the Principal and Surety(ies) have executed this performance bond. The bond guarantees that the Principal will perform and fulfill all the terms, conditions, and agreements of the contract during the base term, any option terms, and any authorized modifications. The penal sum of the bond is $[AMOUNT]. The contract details include: Contract Number [NUMBER], Option Number [NUMBER], Contract Date [DATE], and Option Date [DATE]. The contract is for the procurement of two (2) Stop Log Barges to support the civil works maintenance and repair mission of the Tulsa District of the U.S. Army Corps of Engineers. Bid guarantee, payment, and performance bonding are required.
View the file
Other files for this federal contract opportunity
| File | Type | Posted |
|---|---|---|
| W912BU24B00210003 Amendment 0003.pdf | ||
| W912BU24B00210002.pdf | ||
| W912BU24B00210001.pdf | ||
| W912BU24B0021.pdf | ||
| SF 1416.pdf | ||
| SF 24.pdf | ||
| 3420 Contract Drawings.zip | ZIP file |
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Text version
Performance Bond For Other Than Construction Contracts (See Instructions on Page 3)
Date Bond Executed (Must be same or later than date of contract) OMB Control Number: 9000-0001
Expiration Date: 1/31/2027
Principal (Legal name and business address)
Surety(ies) (Name(s) and business address(es))
Obligation:
Conditions:
The Principal has entered into the contract identified above.
The Principal and Surety(ies) executed this performance bond and affixed their seals on the above date.
The above obligation is void if the Principal: (1) Performs and fulfills all the undertakings, covenants, terms, conditions, and agreements of the contract during either the base term or an optional term of the contract and any extensions thereof that are granted by the Government, with or without notice to the Surety(ies), and during the life of any guaranty required under the contract, and (2) performs and fulfills all the undertakings, covenants, terms, conditions, and agreements of any and all duly authorized modifications of the contract that hereafter are made. Notice of those modifications to the Surety(ies) is waived.
The guaranty for a base term covers the initial period of performance of the contract and any extensions thereof excluding any options. The guaranty for an option term covers the period of performance for the option being exercised and any extensions thereof.
The failure of a surety to renew a bond for any option term shall not result in a default of any bond previously furnished covering any base or option term.
Therefore:
Witness:
Type of Organization ("X" one)
State of Incorporation
Individual Corporation Partnership
Joint Venture
Penal Sum of Bond Million(s)
Contract Date
Option Date
Contract Number
Option Number
Thousand(s) Hundred(s) Cents
We, the Principal and Surety(ies), are firmly bound to the United States of America (hereinafter called the Government) in the above penal sum. For payment of the penal sum, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally. However, where the Sureties are corporations acting as co-sureties, we, the Sureties, bind ourselves in such sum "jointly and severally" as well as "severally" only for the purpose of allowing a joint action or actions against any or all of us. For all other purposes, each Surety binds itself, jointly and severally with the Principal, for the payment of the sum shown opposite the name of the Surety. If no limit of liability is indicated, the limit of liability is the full amount of the penal sum.
Authorized For Local Reproduction Previous Edition Is Not Usable
STANDARD FORM 1418 (REV. 10/2023)
Prescribed by GSA-FAR (48 CFR) 53.228(n)
STANDARD FORM 1418 (REV. 10/2023) PAGE 2
Corporate Surety(ies)
Individual Surety(ies) Signature(s) 1. (Seal) 2. (Seal)
2.1.Name(s) (Typed)
Corporate Seal2.
(Seal) 2.
(Seal) 1.
1.Name(s) and Title(s) (Typed)
Signature(s)
Principal
Corporate Seal
Su re ty B
Name(s) and Title(s) (Typed)
Signature(s)
Name and Address
1.
1. 2.
2.
State of Incorporation Liability Limit
Corporate Seal
Su re ty C
Name and Address
Signature(s)
Name(s) and Title(s) (Typed)
1.
1.
State of Incorporation Liability Limit
2.
2.
Corporate
Seal
Su re ty D
Name and Address
Signature(s)
Name(s) and Title(s) (Typed)
1.
1.
State of Incorporation Liability Limit
2.
2.
Corporate
Seal
Name(s) and Title(s) (Typed)
Su re ty E Signature(s)
Name and Address
1.
1. 2.
2.
State of Incorporation Liability Limit
Corporate Seal
Liability Limit
State of Incorporation
2.
2.1.
1.
Name and Address
Signature(s)
Su re ty A
Name(s) and Title(s) (Typed)
STANDARD FORM 1418 (REV. 10/2023) PAGE 3
(b) Where individual sureties are involved, a completed Affidavit of Individual Surety (Standard Form
28) for each individual surety, shall accompany the bond. The Government may require the surety to furnish additional substantiating information concerning their financial capability.
4. Corporations executing the bond shall affix their corporate seals. Individuals shall execute the bond opposite the word "Corporate Seal", and shall affix an adhesive seal if executed in Maine, New Hampshire, or any other jurisdiction requiring adhesive seals.
5. Type the name and title of each person signing this bond in the space provided.
6. Unless otherwise specified, the bond shall be submitted to the contracting office that awarded the contract.
1. This form is authorized for use in connection with Government contracts. Any deviation from this form will require the written approval of the Administrator of General Services.
2. Insert the full legal name and business address of the Principal in the space designated "Principal" on the face of the form. An authorized person shall sign the bond. Any person signing in a representative capacity (e.g., an attorney-in-fact) must furnish evidence of authority if that representative is not a member of the firm, partnership, or joint venture, or an officer of the corporation involved.
3. (a) Corporations executing the bond as sureties must appear on the Department of the Treasury's list of approved sureties and must act within the limitation listed therein. Where more than one corporate surety is involved, their names and addresses shall appear in the spaces (Surety A, Surety B, etc.) headed "Corporate Surety(ies)." In the space designated "Surety(ies)" on the face of the form, insert only the letter identification of the sureties.
Instructions
Su re ty F
Corporate Seal
Su re ty G
Name(s) and Title(s) (Typed)
Signature(s)
Name and Address
1.
1. 2.
2.
State of Incorporation Liability Limit
Corporate Seal
Liability LimitState of IncorporationName and
Address
Signature(s) 1.
1.
2.
2.Name(s) and Title(s) (Typed)
Total ($)Rate Per Thousand ($)Bond Premium
Paperwork Reduction Act Statement - This information collection meets the requirements of 44 USC § 3507, as amended by section 2 of the Paperwork Reduction Act of 1995. You do not need to answer these questions unless we display a valid Office of Management and Budget (OMB) control number. The OMB control number for this collection is 9000-0001. We estimate that it will take 1 hour to read the instructions, gather the facts, and answer the questions. Send only comments relating to our time estimate, including suggestions for reducing this burden, or any other aspects of this collection of information to: U.S. General
Services Administration, Regulatory Secretariat Division (MVCB), 1800 F Street, NW, Washington, DC
20405.
STANDARD FORM 1418 (REV. 10/2023) PAGE 4
Performance Bond For Other Than Construction Contracts (See Instructions on Page 3) Date Bond Executed (Must be same or later than date of contract) OMB Control Number: 9000-0001 Expiration Date: 1/31/2027 Principal (Legal name and business address) Surety(ies) (Name(s) and business address(es)) Obligation:
Conditions:
The Principal has entered into the contract identified above.
The Principal and Surety(ies) executed this performance bond and affixed their seals on the above date.
The above obligation is void if the Principal: (1) Performs and fulfills all the undertakings, covenants, terms, conditions, and agreements of the contract during either the base term or an optional term of the contract and any extensions thereof that are granted by the Government, with or without notice to the Surety(ies), and during the life of any guaranty required under the contract, and (2) performs and fulfills all the undertakings, covenants, terms, conditions, and agreements of any and all duly authorized modifications of the contract that hereafter are made. Notice of those modifications to the Surety(ies) is waived.
The guaranty for a base term covers the initial period of performance of the contract and any extensions thereof excluding any options. The guaranty for an option term covers the period of performance for the option being exercised and any extensions thereof.
The failure of a surety to renew a bond for any option term shall not result in a default of any bond previously furnished covering any base or option term.
Therefore:
Witness:
Type of Organization ("X" one) State of Incorporation Individual Corporation Partnership Joint Venture Penal Sum of Bond Million(s) Contract Date Option Date Contract Number Option Number Thousand(s) Hundred(s) Cents We, the Principal and Surety(ies), are firmly bound to the United States of America (hereinafter called the Government) in the above penal sum. For payment of the penal sum, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally. However, where the Sureties are corporations acting as co-sureties, we, the Sureties, bind ourselves in such sum "jointly and severally" as well as "severally" only for the purpose of allowing a joint action or actions against any or all of us. For all other purposes, each Surety binds itself, jointly and severally with the Principal, for the payment of the sum shown opposite the name of the Surety. If no limit of liability is indicated, the limit of liability is the full amount of the penal sum.
Authorized For Local Reproduction Previous Edition Is Not Usable STANDARD FORM 1418 (REV. 10/2023) Prescribed by GSA-FAR (48 CFR) 53.228(n)
STANDARD FORM 1418 (REV. 10/2023) PAGE 2
Corporate Surety(ies) Individual Surety(ies) Signature(s) 1.
(Seal) 2.
(Seal) 2.
1.
Name(s) (Typed) Corporate Seal 2.
(Seal) 2.
(Seal) 1.
1.
Name(s) and Title(s) (Typed) Signature(s) Principal Corporate Seal Surety B Name(s) and Title(s) (Typed) Signature(s) Name and Address 1.
1.
2.
2.
State of Incorporation Liability Limit Corporate Seal Surety C Name and Address Signature(s) Name(s) and Title(s) (Typed) 1.
1.
State of Incorporation Liability Limit 2.
2.
Corporate Seal Surety D Name and Address Signature(s) Name(s) and Title(s) (Typed) 1.
1.
State of Incorporation Liability Limit 2.
2.
Corporate Seal Name(s) and Title(s) (Typed) Surety E Signature(s) Name and Address 1.
1.
2.
2.
State of Incorporation Liability Limit Corporate Seal Liability Limit State of Incorporation 2.
2.
1.
1.
Name and Address Signature(s) Surety A Name(s) and Title(s) (Typed)
STANDARD FORM 1418 (REV. 10/2023) PAGE 3
(b) Where individual sureties are involved, a completed Affidavit of Individual Surety (Standard Form 28) for each individual surety, shall accompany the bond. The Government may require the surety to furnish additional substantiating information concerning their financial capability.
4. Corporations executing the bond shall affix their corporate seals. Individuals shall execute the bond opposite the word "Corporate Seal", and shall affix an adhesive seal if executed in Maine, New Hampshire, or any other jurisdiction requiring adhesive seals.
5. Type the name and title of each person signing this bond in the space provided.
6. Unless otherwise specified, the bond shall be submitted to the contracting office that awarded the contract.
1. This form is authorized for use in connection with Government contracts. Any deviation from this form will require the written approval of the Administrator of General Services.
2. Insert the full legal name and business address of the Principal in the space designated "Principal" on the face of the form. An authorized person shall sign the bond. Any person signing in a representative capacity (e.g., an attorney-in-fact) must furnish evidence of authority if that representative is not a member of the firm, partnership, or joint venture, or an officer of the corporation involved.
3. (a) Corporations executing the bond as sureties must appear on the Department of the Treasury's list of approved sureties and must act within the limitation listed therein. Where more than one corporate surety is involved, their names and addresses shall appear in the spaces (Surety A, Surety B, etc.) headed "Corporate Surety(ies)." In the space designated "Surety(ies)" on the face of the form, insert only the letter identification of the sureties.
Instructions Surety F Corporate Seal Surety G Name(s) and Title(s) (Typed) Signature(s) Name and Address 1.
1.
2.
2.
State of Incorporation Liability Limit Corporate Seal Liability Limit State of Incorporation Name and Address Signature(s) 1.
1.
2.
2.
Name(s) and Title(s) (Typed) Total ($) Rate Per Thousand ($) \\iaimain\apps1\Pam_Ward\Logos\Pointer.jpg Image of a right triangle shaped arrow pointing to the next field: Rate Per Thousand ($) Bond Premium Paperwork Reduction Act Statement - This information collection meets the requirements of 44 USC § 3507, as amended by section 2 of the Paperwork Reduction Act of 1995. You do not need to answer these questions unless we display a valid Office of Management and Budget (OMB) control number. The OMB control number for this collection is 9000-0001. We estimate that it will take 1 hour to read the instructions, gather the facts, and answer the questions. Send only comments relating to our time estimate, including suggestions for reducing this burden, or any other aspects of this collection of information to: U.S. General Services Administration, Regulatory Secretariat Division (MVCB), 1800 F Street, NW, Washington, DC 20405.
STANDARD FORM 1418 (REV. 10/2023) PAGE 4
8.2.1.4029.1.523496.503679 Standard Form 1418 - Performance Bond for Other Than Construction Contracts
| Enter the Date Bond was executed (must be same or later than date of contract) (enter 2 digit month, 2 digit day and 4 digit year).: |
| Enter the Contract Date (enter 2 digit month, 2 digit day and 4 digit year).: |
| Enter the Option Date (enter 2 digit month, 2 digit day and 4 digit year).: |
| Click here to select, "Partnership" for the Type of Organization. : 0 |
| Click here to select, "Corporation" for the Type of Organization. : 0 |
| Click here to select, "Joint Venture" for the Type of Organization. : 0 |
| Click here to select, "Individual" for the Type of Organization. : 0 |
| Enter the Surety(ies) (Name(s) and business address(es)).: |
| Enter the Principal (legal name and business address).: |
| Enter the Contract Number.: |
| Enter the Option Number.: |
| Enter the State of Incorporation for Surety F (if applicable).: |
| Enter the Million(s) amount for the Penal Sum of Bond.: |
| Enter the Thousand(s) amount for the Penal Sum of Bond.: |
| Enter the Hundred(s) amount for the Penal Sum of Bond.: |
| Enter the Cent(s) amount for the Penal Sum of Bond.: |
| Enter the Name(s) and Title(s) of the first Corporate Surety (Surety F) (if applicable).: |
| Sign here if you are the second Corporate Surety (Surety F) (if applicable).: |
| Enter the Name and Address for the sixth Corporate Surety (Surety F) (if applicable).: |
| Enter the Liability Limit (in dollars) for Surety F (if applicable).: |
| Enter the Total (in dollars) for the Bond Premium.: |
| Enter the Rate Per Thousand (in dollars) for the Bond Premium: |
File details come from the government source that posted it. Updated .