Surety_Bond_Forms.pdf
PDF 17 KB Posted
- Attached to
- DNR RFB Grand Lake PWA Parking Lot Overlay
- Solicitation number
- 2000015809
- Issued by
- Stearns County, Minnesota
About this file
The document provided is a Solicitation Bond for Solicitation No. 2023-368-02-8P492 and 8P494 issued by the Minnesota Department of Administration. This bond is required to be submitted with construction and maintenance responses to the state. The bond states that the principal, or bidder, and surety are held liable to the State of Minnesota for 5% of the bid amount should the principal be awarded a contract and fail to enter into the contract and provide a performance bond as required.
The related state and local contract opportunity is for the Minnesota Department of Natural Resources' DNR RFB Grand Lake PWA Parking Lot Overlay project near Cold Spring in Stearns County. The project involves edge milling, disposal of existing material, and overlaying the current asphalt parking lot, covering approximately 28,000 square feet. Bids must be submitted electronically through the Swift Portal by the specified deadline. The award will be made to the lowest responsible vendor meeting the specifications and all terms and conditions, with the State reserving the right to award items separately, by grouping, or by total. No e-mail or faxed responses will be accepted, and the use of Direct Pay Permit 1114 does not apply to this project.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| DNR_RFB_Grand_Lake_PWA_Parking_Lot_Overlay.pdf | ||
| 2024-826_Specifications.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 .