Suffolk Adams - Curb Stair Repair - Payment Bond Form.pdf
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- Solicitation number
- BD-26-1107-FREG5-ACCOU-127822
- Issued by
- Massachusetts
About this file
This is a Payment Bond form issued by the Commonwealth of Massachusetts Department of Capital Asset Management (DCAM) for the Suffolk & Adams Courthouses Stair and Curbing Renovations project. The bond is administered through the Executive Office of the Trial Court, Office of Court Management, Facilities Management Department. The project involves the removal of 370 linear feet of concrete curbing and its replacement with granite curbing, as well as repair work on the first stair of the Suffolk Courthouse. The payment bond form serves as a template requiring completion by the principal contractor and surety, with the bond amount to be determined based on the contract value.
The payment bond guarantees that the principal contractor will pay for all labor performed, materials used, and any authorized modifications, alterations, extensions, changes, or additions to the contract in accordance with Massachusetts General Laws Chapter 30, Section 39A and Chapter 149, Section 29. The surety assumes joint and several liability with the contractor to ensure payment obligations to the Commonwealth. All required signature lines, dates, and address fields remain blank on this template form, to be completed upon execution of the underlying construction contract. The bond amount, contract number, and contract date will be specified in the final executed bond document.
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Text version
DCAM Payment Bond 4/02
PAYMENT BOND
Know all men by these presents, that as principal, and __________________________________________________________ as surety, are held and firmly bound unto the Commonwealth of Massachusetts in the sum of ___________________________________________________ ($ ) in lawful money of the United States of America, to be paid to the Commonwealth of Massachusetts, for which payments, well and truly to be made, we bind ourselves, our respective heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
Whereas, the said principal has made a Contract with the Commonwealth acting through its ___Executive Office of the Trial Court, Office of Court Management, Facilities Management Department___ (“Awarding Authority”) bearing date of _________________________, 20____, for the construction of Project No. /Contract No.
Project Name ____________
Now the condition of this obligation is such that if the principal shall pay for all labor performed or furnished and for all materials used or employed in said Contract and in any and all duly authorized modifications, alterations, extensions of time, changes or additions to said Contract that may hereafter be made, notice to the surety of such modifications, alterations, extensions of time, changes or additions being hereby waived, the foregoing to include any other purpose or items set out in, and to be subject to, provisions of Massachusetts General Laws Chapter 30, section 39A, and Chapter 149, section 29, as amended, then this obligation shall become null and void; otherwise it shall remain in full force and virtue.
In witness whereof we hereunto set our hand and seals this _________ day of _________________________, 20__.
____________________________ (Seal) ____________________________(Seal) (Print Name of General Contractor) (Print Name of Surety)
By _________________________ ____________________________ (Signature - Title) (Signature - Title)
Surety Address _______________________
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