Bid Bond Checklist for GCs.pdf

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Attached to
Bldg 11 Demo, Bradley ANGB, CT Federal contract opportunity
Solicitation number
W50SC2-21-B-0002
Issued by
Department of the Army National Guard

About this file

This document provides details on an upcoming federal contract opportunity for building demolition services. The U.S. Property and Fiscal Office for Connecticut will issue an Invitation for Bids for demolition of Building 11 at Bradley Air National Guard Base in East Granby, Connecticut. Services will include demolishing the building and restoring the footprint to match surrounding areas, using local materials where cost-effective. The contract duration is 180 days from notice to proceed and must comply with DoD antiterrorism standards. This opportunity is set aside 100% for small businesses with a NAICS code of 238910 and size standard of $16.5 million. Bidders must self-perform at least 15% of the work. The estimated value is between $1-5 million. Interested parties must register in SAM.gov and check the website for solicitation details and plans. The closing date will be listed in block 13 of the SF1442. Award will be made without discussions to the responsible bidder with the lowest price.

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Text version

__ Is the bid bond executed on an SF 24? (FAR 28.106-1)

__ Is the Bond Execution Date the same or earlier than the Bid Opening Date?

__ Is the principal's name and address on the bond and on the Standard Form 1442 EXACTLY the same?

__ If the principal is a partnership or joint venture, are the Partners’ names listed in the principal's block with the trade-name?

__ Is the type of organization correctly checked on behalf of the principal?

__ Is the correct state of incorporation listed on behalf of the principal and the same as on the corporate seal?

__ Is the surety's name and address EXACTLY as listed on the Treasury Department Circular?

__ Does the penal sum equal at least 20 percent of the bid price but less than or equal to $3M (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?

__ Is the solicitation number on the bond the same as the number in block 1 on Standard Form 1442?

__ Did the principal execute the bond, type or print name and title beneath signature?

__ 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?

__ Did the surety execute the bond, type or print name and title beneath signature?

__ Is the corporate seal affixed to the bond on behalf of the surety?

__ 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?

__ If the bond is executed by a foreign surety company, is the commensurate statement included with the bond?

__ Is a 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)

__ If there is a block on the power of attorney for the penal sum of the bond, does it include the correct penal sum?

__ If the power of attorney requires an SBA Guarantee Agreement (see 13 CFR 115), is it furnished with the power of attorney?

__ Is the Attorney-in-Fact's name on the bond the same as on the power of attorney?

__ Is the certification date on the power of attorney the same or earlier than the bond execution date?

__ Has the corporate seal been affixed on the power of attorney at the signature of the certifying officer?

__ HAVE ANY CHANGES OR CORRECTIONS ON THE BOND BEEN INITIALED BY THE

PRINCIPAL AND THE SURETY?

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