Town_of_Manchester_Labor_and_Materials_Payment_Bond.pdf
PDF 27 KB Posted
- Attached to
- TRAFFIC SIGNAL MAINTENANCE
- Solicitation number
- 26/27-13
- Issued by
- Hartford County, Connecticut
About this file
This is a Labor and Material Payment Bond template issued by the Town of Manchester, Connecticut, in conjunction with a Traffic Signal Maintenance contract (Bid No. 26/27-13). The bond secures the contractor's obligation to pay for all labor and materials furnished by the principal contractor or its subcontractors used in the performance of the work. Sealed bids for this project will be accepted through the Town's eProcurement Portal until 11:00 am on Friday, November 6, 2026, at which time bids will be publicly opened and read aloud. Any bids received after the specified deadline will not be considered.
The bond is issued simultaneously with a performance bond and is executed pursuant to Sections 49-41, 49-41a, 49-41b, 49-42, and 49-43 of the Connecticut General Statutes and other applicable state laws. The bond amount is to be filled in by the Town and represents the total value of labor and materials subject to protection under Connecticut law. The bond requires the signature and seal of both the principal and surety, binding them jointly and severally to ensure payment obligations are met. The document serves as a protective mechanism for claimants who supply labor or materials to the project.
View the file
Other files
Show all 31
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
LABOR AND MATERIAL PAYMENT BOND
Bond No._________
Note: This bond is issued simultaneously with another bond in favor of the Town of Manchester, Connecticut conditioned for the full and faithful performance of the Contract.
KNOW ALL MEN BY THESE PRESENTS:
THAT as Principal, hereinafter called "PRINCIPAL," and as Surety, hereinafter called "SURETY," are held and firmly bound unto the Town of Manchester, Connecticut, as Obligee, hereinafter called "TOWN," for the use and benefit of claimants as herein below defined, in the amount of ______________________________________ Dollars
($___________________), for the payment whereof PRINCIPAL and SURETY bind themselves, their heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.
WHEREAS, PRINCIPAL has by written Contract dated entered into a Contract with
Town for made a part hereof, and is hereinafter referred to as the "CONTRACT."
NOW, THEREFORE, the condition of this obligation is such, that if the said PRINCIPAL shall pay for all labor and materials furnished to himself or his Subcontractors for use in the prosecution of the Work, and used therein, then, this obligation to be void; otherwise to remain in full force and effect.
PROVIDED, HOWEVER, that this bond is executed pursuant to the provisions of Sections 49-41, 49-
41a, 49-41b, 49-42 and 49-43 of the General Statutes (C.G.S.A. and Supp. 1989) of the State of Connecticut and any other applicable laws, and the rights and liabilities hereunder shall be determined and limited by said sections and said other applicable laws, to the same extent as if they were copied at length herein.
Signed and sealed this ______________ day of _____________________, A.D., 20__.
In the Presence of:
(SEAL)
(PRINCIPAL)
By:
(SURETY)
By:
File details come from the government source that posted it. Updated .