Warranty_Bond_(For_Information_Only).pdf
PDF 321 KB Posted
- Attached to
- California Boulevard Rehabilitation
- Solicitation number
- ST26PW11
- Issued by
- Napa County, California
About this file
This document is a Warranty Bond form from the City of Napa Public Works Department for a public works project. The bond establishes a one-year warranty period commencing with the City's acceptance of the project, during which the contractor guarantees its work and that of its subcontractors against defects in materials or workmanship. The bond is set at 15% of the final contract price and requires the contractor to repair or remedy any discovered defects at their own expense during the warranty period.
The warranty bond serves as a financial protection mechanism for the City of Napa, with the surety company backing the contractor's performance obligations. If the contractor fails to make necessary repairs or reimburse the city for damages resulting from defective work, the surety will be responsible. The bond is governed by California law, with any disputes to be resolved in Napa County Superior Court, and the surety will be responsible for the city's attorneys' fees and costs in enforcing the bond's provisions.
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Text version
City of Napa Public Works Contract Documents Form 4.4 (2024-2-13)
Project Title ____________________ WARRANTY BOND Project Number _________________
Warranty Bond
City of Napa, a California charter city (“City”), and ____________________________ (“Contractor”) have entered into a contract, dated _________________, 20___ (“Contract”) for work on the _________________________________________________ Project (“Project”). The Contract is incorporated by reference into this Warranty Bond (“Bond”).
1. General. Under this Bond, Contractor as principal and _______________ __________, its surety (“Surety”), are bound to City as obligee in the maximum amount of 15% of the final Contract Price, unless otherwise specified in the Contract Documents.
2. Warranty Period. The Contract requires Contractor to guarantee its work and that of its
Subcontractors on the Project, against defects in materials or workmanship which are discovered during the one-year period commencing with City’s acceptance of the Project (“Warranty Period”).
3. Surety’s Obligations. If Contractor faithfully carries out and performs its guarantee under the Contract, and, on due notice from City, repairs and remedies, at its sole expense, any and all defects in materials and workmanship in the Project which are discovered during the Warranty Period, or if Contractor promptly reimburses City for all loss and damage that City sustains because of Contractor’s failure to makes such repairs in accordance with the Contract requirements, then Surety’s obligations under this Bond will be null and void.
Otherwise, Surety’s obligations will remain in full force and effect.
4. Waiver. Surety waives the provisions of Civil Code §§ 2819 and 2845.
5. Notice. Any notice to Surety may be given in the manner specified in the Contract and sent to Surety as follows:
Attn: _____________________________________________________ Address: __________________________________________________ City/State/Zip: ______________________________________________ Phone: ___________________________________________________ Fax: ______________________________________________________ Email: ____________________________________________________
6. Law and Venue. This Bond will be governed by California law, and venue for any dispute pursuant to this Bond will be in the Napa County Superior Court, and no other place. Surety will be responsible for City’s attorneys’ fees and costs in any action to enforce the provisions of this Bond.
7. Effective Date; Execution. This Bond is entered into and is effective on __________, 20_________.
[Signatures are on the following page.]
City of Napa Public Works Contract Documents Form 4.4 (2024-2-13)
Project Title ____________________ WARRANTY BOND Project Number _________________
SURETY:
Business Name s/__________________________________ ______________________________ Date
Name, Title
(Attach Acknowledgment with Notary Seal and Power of Attorney)
CONTRACTOR:
Business Name s/__________________________________ ______________________________ Date
APPROVED BY CITY:
s/ __________________________________ ______________________________ Date
END OF WARRANTY BOND
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