Checklist for Bid Bonds.docx

DOCX document 35 KB Posted

Attached to
B5026 Bathroom renovation Scott AFB Federal contract opportunity
Solicitation number
W50S7S23Q0024
Issued by
Department of the Army National Guard

About this file

This document is a checklist for evaluating bid bonds submitted in response to solicitation number W50S7S23Q0024 for bathroom renovation services at Scott Air Force Base. The solicitation is seeking bids for renovating bathrooms at Scott AFB and requires a bid bond of at least 20% but no more than $3 million based on the bid amount. The checklist ensures bid bonds comply with Federal Acquisition Regulation requirements regarding execution by the principal and surety, use of the correct forms, inclusion of powers of attorney, matching information on the bond and solicitation, and proper signatures and seals. The Department of the Army National Guard is the contracting agency.

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QandA 1.docx DOCX document
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Sign In Sheet Redacted_Redacted2.pdf PDF
EXHIBIT A.docx DOCX document
W50S7S23Q0024.pdf PDF
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1 - PWS - REPAIR Mens Bathroom_B5026.pdf PDF
Mechanical Drawings - Mens Bathroom.pdf PDF
A4.4 - Enlarged First Floor Plan.pdf PDF
A5.1 - Men's Restroom Elevations.pdf PDF

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Text version

Checklist for Bid Bond for Solicitation #

Please enter “Y”, “N”, or “N/A” and write notes in the margin if necessary. CT JAG

1.
Are the bonds executed on SF 24 or SF 34? (FAR 28.106-1).............
( )()
2.
Is the Bond Execution Date the same or earlier than the Bid

Opening Date?

3.
Is the principal's name on the bond and bid/offer exactly

the same?

4.
If the principal is a partnership or joint venture, are the Partners’ names listed in the principal's block with the

trade-name?

5.
Is the type of organization correctly checked on behalf

of the principal?

6.
Is the correct state of incorporation listed on behalf
of the principal?(Check corporate seal) ...........................
7.
Is the surety's name exactly as listed on the Treasury

Department Circular and is its business address listed?

8.
Does the penal sum equal the amount indicated in the solicitation

provision, 52.228-1(c)? (The bid guarantee must be at least 20 percent of the bid price but less than or equal to $3 million. When the penal sum is expressed as a percentage, a maximum dollar limitation may be

9.

stated. FAR 28.101-2(b).)

Is the penal sum of the bid bond within the surety’s underwriting

limitation from the latest Treasury Department Circular? .............
( )()
10.
Is the solicitation number on the bond the same as the number

in block 1 on Standard Form 1442?

11.
Did the principal execute the bond, type or print name and

title beneath signature?

12.
Is the corporate seal affixed to the bond on behalf of the principal and does it read the same as the name in the principal's block in the upper left hand corner of the bond

form?

13.
Is the name and address of the surety company listed? ...............
( )()
14.
Did the surety execute the bond, type or print name and

title beneath signature?

15.
Is the corporate seal affixed to the bond on behalf of the

surety?

16.
If co-sureties are executing, did each surety set out dollar amount assumed against penal sum of bond in block marked Liability Limit opposite its name, and do these figures total

the penal sum of the bond?

17.
If the bond is executed by a foreign surety company, is

the commensurate statement included with the bond?

NGB-JA Jun 2016

18.
Is an original, or a photocopy or facsimile of an original, power of attorney included with the bid bond? (Electronic, mechanically-applied and printed signatures, seals and dates on the power of attorney shall be considered original signatures, seals and dates, without regard to the order in

which they were affixed. FAR 28.101-3)

19.
If there is a block on the power of attorney for the penal
sum of the bond, does it include the correct penal sum?............
20.
If the power of attorney requires an SBA Guarantee Agreement

(see 13 CFR 115), is it furnished with the power of attorney?

21.
Is the Attorney-in-Fact's name on the bond the same as on

the power of attorney?

22.
Is the certification date on the power of attorney the same

or earlier than the bond execution date?

23.
Has the corporate seal been affixed on the power of attorney

at the signature of the certifying officer?

24.
FOR INDIVIDUAL SURETIES ONLY:Is the individual surety's

name and business address listed?

a) Do bonds comply with FAR 28.203 - only authorized assets used & escrow accounts set up and attached to the bonds?

b) If real estate is used, are all of the required forms executed properly and do they comply with FAR 28.203-3?

c) Did the individual surety execute the bond and is the name typed beneath the signature?

25.
HAVE ALL CHANGES OR CORRECTIONS ON THE BOND BEEN INITIALED

BY THE PRINCIPAL AND THE SURETY?

26.
Are all of the following documents being forwarded to the Office Counsel? ............................................................
a)original signed bonds ........................................
( )()

b) certificate of authority for principal when executed in a representative capacity?

c)copy of the solicitation/bid/proposal SF 1442.................
( )()

d) copy of contract pages which contain the following:

the bond requirement (52.228-1(c))............................ the representations, certifications and other
( )()

contractor statements clarifying the contractor's name and type of business?

---------------------------------------------------
JAG Name andContract Specialist's Name
Phone No.and Phone No.

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