7 - Checklist for Bid Bonds.docx
DOCX document 35 KB Posted
- Attached to
- REPAIR, Base Roofing 126 ARW - Scott AFB, IL Federal contract opportunity
- Solicitation number
- W50S7S25RA001
- Issued by
- Department of the Army National Guard
About this file
This document is a comprehensive Checklist for Bid Bonds for a federal contract solicitation, specifically designed to validate the completeness and accuracy of bid bond submissions. The checklist contains 26 detailed verification points covering critical aspects of bid bond documentation, including bond execution, principal and surety details, signature requirements, power of attorney validation, and corporate seal authenticity. The checklist is intended to ensure that bid bonds meet Federal Acquisition Regulation (FAR) requirements, with each point requiring a "Y", "N", or "N/A" response and providing space for additional notes.
Key procedural requirements include verifying that bond execution dates match bid opening dates, principal and surety names are exactly correct, organizational details are accurate, corporate seals are properly affixed, and all required documentation is forwarded to Office Counsel. The checklist is specifically associated with Solicitation #W50S7S25RA001 for a Base Roofing project at Scott AFB, IL, issued by the Department of the Army National Guard. Notable requirements include a bid bond penal sum limitation between 20% of the bid price and $3 million, with potential disqualification for bonds not meeting each listed requirement.
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Other files for this federal contract opportunity
| File | Type | Posted |
|---|---|---|
| 4 - Checklist for Bid Bonds.docx | DOCX document | |
| SF1442_W50S7S25RA0010001.pdf | ||
| 1 - PWS - REPAIR Roofing 126ARW_Revised 15 Aug 2025.pdf | ||
| RFI version 1.pdf | ||
| Revised PWS.pdf | ||
| Site Visit MFR.pdf | ||
| Site Visit Log_Redacted.pdf | ||
| SF 1442_W50S7S25RA001.pdf | ||
| 3 - EXHIBIT A_Performance Relevancy Questionnaire.docx | DOCX document | |
| 5 - EXHIBIT D_Letter of Commitment.docx | DOCX document | |
| 4 - EXHIBIT B_Subcontractor Information and Consent Form.docx | DOCX document | |
| SF 1442_W50S7S25RA001.pdf | ||
| 1 - PWS - REPAIR Roofing 126ARW.pdf | ||
| 2 - Wage Determination_25 July 2025.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 and | Contract Specialist's Name |
| Phone No. | and Phone No. |
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