UCB000817-07.00-Bid Bond.docx
DOCX document 30 KB Posted
- Solicitation number
- Notice NO. 25-36
- Issued by
- Boulder County, Colorado
About this file
This document is a Bid Bond for a state construction project issued by the State of Colorado Office of the State Architect for the University of Colorado Boulder. The project involves replacing 450 linear feet of 8-inch diameter potable water line on 18th Street between Euclid Avenue and Broadway, with a connection to the City of Boulder's main waterline. The bid bond requires the principal (bidder) to maintain their proposal for 30 days after proposal opening and commits to providing necessary documentation if the proposal is accepted, including performance bonds, insurance policies, and certifications.
The bid bond includes a financial guarantee of 5% of the total bid price, which will be forfeited as liquidated damages if the bidder fails to meet their obligations. The project is situated on a major campus and city thoroughfare, with a specific emphasis on roadway restoration to accommodate high-traffic bus routes. The bond requires proper execution with corporate seals, signatures from authorized representatives, and must be accompanied by a power of attorney. Failure to provide a properly executed bid bond with the corresponding power of attorney will result in the proposal being deemed non-responsive.
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Other files
| File | Type | Posted |
|---|---|---|
| UCB000817-01.00-Table of Contents.docx | DOCX document | |
| UCB000817-09.00-Sales _ Use Tax Forms.pdf | ||
| UCB000817-13.00-Drawings.pdf | ||
| UCB000817-15.00-Attestation Form.docx | DOCX document | |
| UCB000817-06.00-Unit Pricing.docx | DOCX document | |
| UCB000817-08.00-UCB Supplemental Terms _ Conditions.pdf | ||
| UCB000817-12.00-Wage Determination and Apprenticeship Rates.pdf | ||
| UCB000817-03.00-Information to Bidders.docx | DOCX document | |
| UCB000817-13.00-Technical Specs.docx | DOCX document | |
| UCB000817-10.00-Labor Burden Form example.PDF | ||
| UCB000817-11.00-Apprenticeship Utilization Certification example.pdf | ||
| UCB000817-14.00-Code Compliance Inspection Authorization (CCIA).pdf | ||
| UCB000817-04.00-Bid Form.docx | DOCX document | |
| UCB000817-05.00-Alternates.docx | DOCX document | |
| UCB000817-Pre-Bid Attendance Sheet.pdf | ||
| UCB000817-02.00-Advertisement for Bids.docx | DOCX document |
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Text version
STATE OF COLORADO
OFFICE OF THE STATE ARCHITECT
STATE BUILDINGS PROGRAM
BID BOND
| Institution/Agency: |
| University of Colorado Boulder |
| Project No./Name: |
| UCB000817-SITE-Potable Water Line Replacement |
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS, hereinafter called the “PRINCIPAL”, is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO, hereinafter called the “OBLIGEE”.
WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with the PROPOSAL GUARANTY in an amount not less than five per cent (5%) of the Proposal, which sum it is specifically agreed is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in pursuance of which Requirement, this Bid is made, executed and delivered.
| NOW THEREFORE, the Principal and | a corporation of the State of | |
| , duly authorized to transact business in Colorado, as Surety, are held and firmly bound unto the Obligee, in the sum of five per cent (5%) of the Principal’s total bid price, lawful money of the United States for the payment of which sum, well and truly to be made to the Obligee, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. |
FURTHER THAT, a condition of the obligation that the Principal shall maintain his Proposal in full force and effect for thirty (30) days after the opening of the proposals for the project, or, if the Principal’s Proposal is accepted, the Principal shall, within the prescribed time, execute the required Agreement, furnish the required Performance Bond, Labor and Material Payment Bond, Insurance Policy, Certificates of Insurance and Certification and Affidavit Regarding Illegal Aliens, then this obligation shall be null and void, otherwise it shall remain in full force and effect, and subject to forfeiture upon demand as Liquidated Damages.
IN WITNESS WHEREOF said Principal and Surety have executed this Bond, this day of , A.D., 20 .
(Corporate Seal)
THE PRINCIPAL
Company Name
ATTEST
Address (including city, state and zip)
Secretary
Phone number:
Name (Print)
Signature
Name (Print) and Title
SIGNATURES If the “Principal” is doing business as a Corporation, the Bid Bond shall be signed by an officer, i.e., President or Vice President. The signature of the officer shall be attested to by the Secretary and properly sealed.
If the “Principal” is an individual or a partnership, the Bid Bond shall so indicate and be properly signed.
| (Corporate Seal) | THE SURETY | |
| _____________________________________________ |
| By __________________________________________ | ||
| Secretary | Attorney-in-Fact |
THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED.
FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTED POWER OF ATTORNEY WILL RESULT IN THE BIDDER’S PROPOSAL BEING DEEMED NON-RESPONSIVE.
SBP-6.14
Rev. 7/2022 image1.jpeg
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