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SECTION 00430
<br /> • BID BOND
<br /> KNOW ALL MEN BY THESE PRESENTS , that we
<br /> ( BIDDER ' S NAME ) as Principal ,
<br /> and
<br /> ( SURETY' S NAME )
<br /> a corporation duly organized under the Laws of the State of Florida as a Surety with its principal
<br /> offices in the City of and authorized to do business in the State of
<br /> Florida , are held and firmly bound unto INDIAN RIVER COUNTY ( hereinafter called the
<br /> OWNER) in the penal sum of
<br /> Dollars ($ ) , lawful money
<br /> of the United States , amounting to 5 % of the total bid price , for the payment of which sum well
<br /> and truly be made , we bind ourselves , our heirs , executors , administrators , and successors ,
<br /> jointly and severally, firmly by these presents .
<br /> Whereas said Principal is herewith submitting a Bid dated , 2004 ,
<br /> for the construction of:
<br /> Project Name : Indian River County Department of Utility Services — Operations Complex
<br /> IRCDUS Project Number: UCP # 2229
<br /> Project Address : 4355 41 s' Street Vero Beach , FL 32967
<br /> Project Description, Provide all labor, equipment , materials , facilities and services to
<br /> complete the following : clear and grub approximately 19 . 5 acres of overgrown citrus grove ;
<br /> excavate approximately 27 , 000 c. y, of dry material and 19 , 500 c. y. of "wet" material with all
<br /> soils to be kept on-site ; stockpile and exchange approximately 12 , 500 c. y, of unsuitable fill
<br /> material with excavated "wet" material ; import approximately 3 , 000 c. y. of general fill ; grade
<br /> and shape entire 19 . 5 ± acres ; prepare two building pads with total footprints of
<br /> approximately 31 , 379 s . f. ; underground sewer, potable water, electric service ,
<br /> communications and irrigation ; approximately 22 , 703 s . y . of asphalt pavement and 1 , 445
<br /> s . y. of concrete pavement with associated subgrades and base ; sidewalk ; equipment pads
<br /> and equipment ; site lighting ; traffic control and parking spaces ; fencing and access control ;
<br /> sodding , seeding , mulching and landscaping ; one 19 , 649 s . f. metal framed warehouse ; and
<br /> one 11 , 730 s . f metal framed office building .
<br /> NOW THEREFORE , the condition of the above obligation is such that if the Principal does not
<br /> withdraw said Bid within the period of time set forth in the Bid Documents , and on or before the
<br /> fifteenth day after the Notice of Award , the Principal enters into a written contract with the
<br /> OWNER in accordance with the Bid as accepted , and if the Principal gives the required bonds
<br /> with good and sufficient sureties for the faithful performance and proper fulfillment of such
<br /> Contract and for the protection of laborers and materialmen , then this obligation shall be null
<br /> and void . Otherwise , the Principal and Surety, jointly and severally , shall on or before the
<br /> sixtieth day after request by the OWNER , pay to the OWNER in money, the difference between
<br /> the amount specified in said Bid and the amount for which the OWNER may procure the
<br /> required work if the latter amount is greater than the former, together with any expense and
<br /> • reasonable attorney fees , including appellate proceedings , incurred by the OWNER if suit is
<br /> brought hereon , but in no event shall Surety' s liability exceed the penal sum hereof plus such
<br /> expenses and attorney's fees .
<br /> IRC OPERATIONS COMPLEX 00430 — Bid Bond
<br /> 00430 - 1
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