Surety_Bond_Forms.pdf

PDF 17 KB Posted

Attached to
DNR RFB John Murtaugh WMA Observation Well
Solicitation number
2000015696
Issued by
Goodhue County, Minnesota

About this file

The document provided is a Solicitation Bond for Solicitation No. 2023-368-02-8P492 and 8P494 from the Minnesota Department of Administration. The bond requires a 5% bid amount as security for the respondent to enter into a contract if awarded, and to provide a performance bond if required. The related state and local contract opportunity is for the Department of Natural Resources to install a new groundwater observation well at the John Murtaugh Memorial Wildlife Management Area in Goodhue County, Minnesota. The project involves the labor, equipment, materials, and incidentals necessary to legally and correctly install the well. The contractor must be registered and licensed with the Minnesota Department of Health as a Well Contractor. Responses must be submitted electronically through the Swift Portal, and a completed Price Schedule in Excel format must be provided. The award will be made to the lowest responsible vendor meeting the specifications.

The Solicitation Bond document outlines the legal requirements and acknowledgements for the bond, including individual, limited liability company, and corporate acknowledgments. The related contract opportunity does not mention any pricing terms, set asides, incumbents, funding requirements, or sources. The contract is for a single installation project with no mention of renewal options.

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Other files

File Type Posted
2024-732_Price_Schedule.xlsx XLSX spreadsheet
DNR_RFB_John_Murtaugh_WMA_Observation_Well.pdf PDF
2024-732_Specifications.pdf PDF

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Text version

Solicitation No. 2023-368-02-8P492, 8P494

50K Latest Revision: 06/30/2022 DIVISION 00 - 20 Current Date: 4/27/23

SECTION 00 43 14 SOLICITATION BOND

STATE OF MINNESOTA

DEPARTMENT OF ADMINISTRATION

SOLICITATION BOND TO ACCOMPANY CONSTRUCTION

AND MAINTENANCE RESPONSES

KNOW ALL MEN BY THESE PRESENTS, that we as Principal, and as Surety, are held and f irmly bound unto the State of Minnesota as Obligee, in the sum of 5% of the bid amount for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, and firmly by these presents.

Dated this ____ day of _________ A. D. 20____.

The condition of this obligation is such that whereas the Principal has submitted the accompanying response for the articles described in Project No. and/or Project Title

NOW, THEREFORE, if the aforesaid Principal shall be awarded a contract upon said response, and shall within the required number of days after the notice of such award, enter into a contract with the State of Minnesota, and give bond for the faithful performance of the contract as may be required, then this obligation shall be null and void; otherwise the Principal and Surety will pay unto the Obligee the sum of 5% of the bid amount not as a penalty, but as liquidated damages sustained by the State of Minnesota as a result of such failure.

Principal

Signature

Title

Surety

Attorney-in-fact

50K Latest Revision: 06/30/2022 DIVISION 00 - 21 Current Date: 4/27/23

INDIVIDUAL AND CO-PARTNERSHIP ACKNOWLEDGMENT

STATE

COUNTY

On this day of , 20 before me personally appeared to me known to be the person(s) described in and who executed the foregoing bond, and acknowledged that he/she/they executed the same as a f ree act and deed.

(Notarial Seal) (Notary Signature)

LIMITED LIABILITY COMPANY ACKNOWLEDGMENT FOR PRINCIPAL

COUNTY

On this day of , 20 before me appeared and , to me personally known, who being by me duly sworn, did say that they are respectively and of , a Limited Liability Company;

and that said instrument was executed on behalf of the Limited Liability Company by authority of its Management

Committee; and they acknowledged said instrument to be the free act and deed of the Limited Liability Company.

50K Latest Revision: 06/30/2022 DIVISION 00 - 22 Current Date: 4/27/23

CORPORATE ACKNOWLEDGMENT FOR PRINCIPAL

COUNTY

On this day of , 20 before me appeared and , to me personally known, who being by me duly sworn, did say that they are respectively and of , a Corporation; and that said instrument was executed on behalf of the Corporation by authority of its Board of Directors; and they acknowledged said instrument to be the free act and deed of the Corporation.

50K Latest Revision: 06/30/2022 DIVISION 00 - 23 Current Date: 4/27/23

AFFIX HERE ACKNOWLEDGMENT OF CORPORATE SURETY

The form of this bond has been prescribed by the Commissioner of Administration and approved by the Attorney General of Minnesota.

Full Name of Surety Co.

Home Office Address (Street)

City, State and ZIP Code

Name of Attorney-in-fact

Name of Local Agency

Address of Local Agency (Street)

City, State and Zip Code

File details come from the government source that posted it. Updated .