Standard Form 24 - Bid Bond.pdf

Standard Form PDF 152 KB Posted

Attached to
Monument Sign - Natick Soldiers Systems Center
Solicitation number
W911QY-26-R-MONU
Issued by

About this file

This is Standard Form 24 (Rev. 10/2023), a Bid Bond form used in federal contracting with OMB Control Number 9000-0001 and an expiration date of 1/31/2027.

The form serves as a financial guarantee that binds a Principal (bidder) and Surety(ies) to the United States Government. The Principal and Surety(ies) agree that if the Principal fails to execute further contractual documents as required by the bid terms, or fails to provide required performance bonds, the Government may procure the work at the Principal's expense, and the Surety will pay any costs exceeding the bid amount. The bond obligates the Principal and Surety(ies) to pay the penal sum specified if the Principal does not accept the bid within the timeframe stipulated (sixty days if no period is specified, or ten days after receipt of forms if a period is specified). The form accommodates single or multiple corporate sureties, individual sureties, and joint and several liability arrangements. Instructions require the Principal's full legal name and business address; authorized signatories must provide evidence of authority if not corporate officers. The bond may express the penal sum as a percentage of the bid price (typically 20 percent) or as a fixed dollar amount. Individual sureties must be accompanied by an Affidavit of Individual Surety (Standard Form 28) certifying financial capability. Corporations must affix corporate seals and appear on the Department of Treasury's approved sureties list. All signatories must type their names and titles in the spaces provided.

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Other versions and copies of SF 24

File Revision Posted Attached to
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Bid Bond_SF24-23a.pdf Revision not stated General Construction Services for Elevator Modernization at the Thurgood Marshall U. S. Courthouse, New York, NY
Bid Bond SF24 (Updated) 1.pdf Revision not stated FCI Marion - Emergency Repair Tornado Damage
B08_-_Attachment_08_-_SF-24_Bid_Bond.pdf Revision not stated Timucuan Ecological and Historic Preserve TIMU-335
Attachment 7 Bid Bond SF24-23a.pdf Revision not stated SOLICITATION NOTICE- Massena NY Virtual Law Enforcement Training Facility- Construction
8 - Bid Bond SF-24.pdf Revision not stated Repair and Maintain Water Towers at FCI Terre Haute
7. Bid Bond form SF 24.pdf Revision not stated FMC Devens - Replace Boiler Burners (3) Project 26Z2BF8
Attachment 4 - Bid Bond SF24.pdf Revision not stated Upgrade Water Tanks - FCI Texarkana, Tx
SF24 - Bid Bond form.pdf Revision not stated USCG Cutter Eagle New Dredging for Berthing at New London City Pier
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Attachment IV - SF24 Bid Bond.pdf Revision not stated USCG Base Portsmouth C5I Trailer Roof Replacement
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SF-24_Bid_Bond_Form.pdf Revision not stated STOPLOG LIFTING BEAM MODIFICATION PROJECT - Colora
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