Bid Bond Checklist.docx

DOCX document 28 KB Posted

Attached to
Construct KC-135 Support Shops Federal contract opportunity
Solicitation number
W50S98-23-R-0003
Issued by
Department of the Army Tennessee Army National Guard

About this file

This document is a checklist for evaluating bid bonds submitted in response to Solicitation Number W50S98-23-R-0003 to construct KC-135 support shops for the Tennessee Army National Guard. The checklist contains 24 questions to ensure bid bonds comply with requirements in the Federal Acquisition Regulation regarding execution, signatures, seals, powers of attorney, penal sums, and surety limitations. Respondents must submit original signed bid bonds and related documents including certificates of authority and copies of solicitation pages by the specified response date to be considered for award of the contract to construct the KC-135 support shops.

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Other files for this federal contract opportunity

Other files attached to Construct KC-135 Support Shops, newest first.
File Type Posted
Support Shops Bid Opening Sign In.pdf PDF
OF_1419 Support Shops.pdf PDF
W50S98-23-B-00030003.pdf PDF
W50S98-23-B-00030002.pdf PDF
QA Attachment - Support Shops.pdf PDF
Support Shops QA.docx DOCX document
W50S98-23-B-00030001.pdf PDF
Sign In-Support Shops Site Visit.pdf PDF
Pre-Bid Slides Support Shops.pdf PDF
Construct AMX Shops - Type B-3 - Specifications (Div 12-26).pdf PDF
Construction SOW PSXE139013 Construct KC-135 Support Shops (7).docx DOCX document
Construct AMX Shops - Type B-3 - Specifications (Div 27-41).pdf PDF
Construct AMX Shops - Type B-3 - Specifications (Div 01-10).pdf PDF
W50S98-23-B-0003.pdf PDF
Show all 14

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Text version

Checklist for Bid Bond for Solicitation # W50S98-23-B-0001

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 stated. FAR 28.101-2(b).)

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

9.

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?

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? ................................... ( ) ( )

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