Volusia_Bid_Bond_Form(492422).docx

BID BOND

KNOW ALL MEN BY THESE PRESENTS that __________________________________, as Contractor, duly authorized to conduct business in the State of Florida, whose principal place of business is located at ___________________________________________, Tel.: ____________, (hereinafter called “PRINCIPAL”), and ____________________________________________, as SURETY, duly authorized to conduct business in the State of Florida, whose principal place of business is located at ___________________________________________, Tel.: ____________ (hereinafter called “SURETY”), are held and firmly bound unto the County of Volusia, Florida, as COUNTY, a body corporate and politic and a subdivision of the State of Florida, whose address is County of Volusia, 123 West Indiana Avenue, DeLand, Florida 32720, Tel.: ____________, (hereinafter called “OBLIGEE”), in the penal sum of _____________________________ dollars and (_____)/100 ($____________), lawful money of the United States, for the payment of which sum will and truly to be made, whereof PRINCIPAL and SURETY bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.

THE CONDITION OF THIS OBLIGATION IS SUCH that, whereas the Principal has submitted the accompanying Bid, dated _______________________, 20___, for:

Contract No, Project Title _______________________________________________________________

Project address and/or legal description [if applicable]

General description of Work

NOW, THEREFORE,

A. If the principal shall not withdraw said Bid within one hundred twenty (120) days after date of opening of the same, and shall within ten (10) days after the prescribed forms are presented to it for signature, enter into a written contract with the County in accordance with the Bid as accepted, and give bonds with good and sufficient surety or sureties, as may be required, for the faithful performance and proper fulfillment of such contract, then the above obligations shall be void and of no effect, otherwise to remain in full force and virtue.

B. In the event of the withdrawal of said Bid within the period specified, or the failure to enter into such contract and give such bonds within the time specified, if the principal shall pay the County the difference between the amount specified in said Bid and the amount for which the County may procure the required work and supplies, if the latter amount be in excess of the former, then the above obligations shall be void and of no effect, otherwise to remain in full force and virtue.

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IN WITNESS WHEREOF, the above bounded parties have executed this instrument under their several seals, this _____ day of ______________, A.D. 20___, the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body. Note: If the firm is a sole ownership or partnership including limited liability company, two (2) witnesses are required to attest the signature. If the firm is a corporation, then the corporate secretary shall attest and affix the corporate seal (Attach power of attorney to original Bid bond and financial statement of Surety Company).

PRINCIPAL: ATTEST:

WITNESSESS:

SURETY: ATTEST:

Name of Local Resident Agent City, State, Zip

STATE OF _____________________________

COUNTY OF ___________________________

Before me this day personally appeared _____________________________________ (affiant), who, being duly sworn, deposes and says that he/she is the Attorney-in-Fact for the _____________________________ (corporate surety) and that this person has been authorized by _________________________________ (corporate surety) to execute the forgoing bond on behalf of the Contractor named therein in favor of the County of Volusia, FL.

Signature of Affiant

Sworn to and subscribed before me by means of physical presence or online notarization this ____ day of ________________, 20____, by _____________________________________________________, who is/are personally known to me or who has/have produced ____________________________________ as identification.

NOTARY PUBLIC – STATE OF

Type or print name: _________________________ Commission No.: ___________________________