Form 375-020-65 "Painted Galvanized Steel Structures Performance Bond" - Florida

What Is Form 375-020-65?

This is a legal form that was released by the Florida Department of Transportation - a government authority operating within Florida. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on September 1, 2007;
  • The latest edition provided by the Florida Department of Transportation;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a printable version of Form 375-020-65 by clicking the link below or browse more documents and templates provided by the Florida Department of Transportation.

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Download Form 375-020-65 "Painted Galvanized Steel Structures Performance Bond" - Florida

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STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION
375-020-65
CONSTRUCTION
PAINTED GALVANIZED STEEL STRUCTURES PERFORMANCE BOND
OGC – 09/07
Page 1 of 2
KNOW ALL MEN BY THESE PRESENTS: That we [Fabricator Name]
having its principal place of business at [Street Address, City, State, Zip and Phone #]
(hereinafter “Principal”) and
(hereinafter “Surety”), duly authorized to do business in the State of Florida, pursuant to the laws of the State of
Florida, having its principal place of business at [Home Office City, State, Zip]
are held and firmly bound unto the State of Florida, in the full and just penal sum of
DOLLARS ($
), lawful money of the United States of America, to be paid to the Florida
Department of Transportation, to which payment well and truly to be made we bind ourselves, our heirs, executors,
administrators, successors and assigns, jointly and severally and firmly by these presents:
WHEREAS, the above-bound Principal has applied to the State of Florida Department of Transportation
(hereinafter “Department”), to become a Prequalified Fabricator of Painted Galvanized Steel Strain Poles, Mast
Arms and Monotube Assemblies; and
WHEREAS, the above-bound Principal has already and/or intends to provide one or more of the following
materials, including Painted Galvanized Steel Strain Poles, Mast Arms, Monotube Assemblies, Highway Lighting
Poles, or Highway Lighting Arms (hereinafter collectively “Products”), for installation as a part of the completion of
any construction or maintenance contract with the Department during the period from (Date
) to the
subsequent June 30th,
(Year -Note all
st
th
and,
annual bond renewals subsequent to initial bond should be from July 1
to June 30
of the following year);
WHEREAS, it was one of the conditions of the addition of Principal to, or the continuation of Principal on, the
Department’s Qualified Products List for supply of Painted Galvanized Steel Strain Poles, Mast Arms and
Monotube Assemblies that these presents be executed on an annual basis;
NOW, THEREFORE, the condition of this Bond is that the above-bound Principal shall in all respects comply with
any “Assumption of Obligations by a Fabricator as the Responsible Party for Color and Adhesion Warranties on
Painted Galvanized Structures”, Department Form No. 700-010-20 (hereinafter “Assumption”) which the Principal
executes regarding the installation of the Products during the term of this Bond or which the Principal has executed
during the previous five calendar years, subject, however, to the following:
1. The term of this Bond commences on the
day of
, 20
and continues until the subsequent
th
June 30
. Subject to paragraph 5 below, this Bond covers any and all coating system color retention failure
warranty issues and all coating system adhesion failure warranty issues as to which the Department provides
Principal or Surety written notice of during the term of this Bond, or as may be otherwise extended pursuant to
paragraph 5 below.
2. The aggregate liability of the Surety for the term of this Bond, including extended liability pursuant to paragraph
5 below, and expressly including the current Bond term and the five previous calendar years cumulatively, shall not
exceed the penal sum stated above regardless of the number of Products furnished by the Principal, the number of
Assumptions executed, the number of contracts on which Principal’s Products are used during said six year period,
the number of years this Bond may be annually renewed and remains in effect, or the number of premiums paid.
3. Claims under this Bond may only be initiated during the term of this Bond, or as such claim period may be
otherwise extended pursuant to paragraph 5 below. To initiate any claim under this Bond the Department must
notify the Surety of that claim in writing during the term of this Bond, or as otherwise applicable pursuant to
paragraph 5 below.
4. The Department must notify Surety in writing of any claim under this Bond not more than five (5) years from the
date of the Department’s final acceptance of the contract under which the Products were installed pursuant to
articles 5-11 or 9-8 of the contract specifications where such contract is also identified in the Assumption as to
which the Department asserts the Principal has failed to perform its obligations.
5. Notwithstanding anything to the contrary contained in paragraphs 1 and 3 above, if the Principal does not furnish
a bond acceptable to the Department for the period commencing on the July 1 following the expiration of the term
of this Bond, the Principal and Surety shall remain liable to the Department for any breach by Principal of its
STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION
375-020-65
CONSTRUCTION
PAINTED GALVANIZED STEEL STRUCTURES PERFORMANCE BOND
OGC – 09/07
Page 1 of 2
KNOW ALL MEN BY THESE PRESENTS: That we [Fabricator Name]
having its principal place of business at [Street Address, City, State, Zip and Phone #]
(hereinafter “Principal”) and
(hereinafter “Surety”), duly authorized to do business in the State of Florida, pursuant to the laws of the State of
Florida, having its principal place of business at [Home Office City, State, Zip]
are held and firmly bound unto the State of Florida, in the full and just penal sum of
DOLLARS ($
), lawful money of the United States of America, to be paid to the Florida
Department of Transportation, to which payment well and truly to be made we bind ourselves, our heirs, executors,
administrators, successors and assigns, jointly and severally and firmly by these presents:
WHEREAS, the above-bound Principal has applied to the State of Florida Department of Transportation
(hereinafter “Department”), to become a Prequalified Fabricator of Painted Galvanized Steel Strain Poles, Mast
Arms and Monotube Assemblies; and
WHEREAS, the above-bound Principal has already and/or intends to provide one or more of the following
materials, including Painted Galvanized Steel Strain Poles, Mast Arms, Monotube Assemblies, Highway Lighting
Poles, or Highway Lighting Arms (hereinafter collectively “Products”), for installation as a part of the completion of
any construction or maintenance contract with the Department during the period from (Date
) to the
subsequent June 30th,
(Year -Note all
st
th
and,
annual bond renewals subsequent to initial bond should be from July 1
to June 30
of the following year);
WHEREAS, it was one of the conditions of the addition of Principal to, or the continuation of Principal on, the
Department’s Qualified Products List for supply of Painted Galvanized Steel Strain Poles, Mast Arms and
Monotube Assemblies that these presents be executed on an annual basis;
NOW, THEREFORE, the condition of this Bond is that the above-bound Principal shall in all respects comply with
any “Assumption of Obligations by a Fabricator as the Responsible Party for Color and Adhesion Warranties on
Painted Galvanized Structures”, Department Form No. 700-010-20 (hereinafter “Assumption”) which the Principal
executes regarding the installation of the Products during the term of this Bond or which the Principal has executed
during the previous five calendar years, subject, however, to the following:
1. The term of this Bond commences on the
day of
, 20
and continues until the subsequent
th
June 30
. Subject to paragraph 5 below, this Bond covers any and all coating system color retention failure
warranty issues and all coating system adhesion failure warranty issues as to which the Department provides
Principal or Surety written notice of during the term of this Bond, or as may be otherwise extended pursuant to
paragraph 5 below.
2. The aggregate liability of the Surety for the term of this Bond, including extended liability pursuant to paragraph
5 below, and expressly including the current Bond term and the five previous calendar years cumulatively, shall not
exceed the penal sum stated above regardless of the number of Products furnished by the Principal, the number of
Assumptions executed, the number of contracts on which Principal’s Products are used during said six year period,
the number of years this Bond may be annually renewed and remains in effect, or the number of premiums paid.
3. Claims under this Bond may only be initiated during the term of this Bond, or as such claim period may be
otherwise extended pursuant to paragraph 5 below. To initiate any claim under this Bond the Department must
notify the Surety of that claim in writing during the term of this Bond, or as otherwise applicable pursuant to
paragraph 5 below.
4. The Department must notify Surety in writing of any claim under this Bond not more than five (5) years from the
date of the Department’s final acceptance of the contract under which the Products were installed pursuant to
articles 5-11 or 9-8 of the contract specifications where such contract is also identified in the Assumption as to
which the Department asserts the Principal has failed to perform its obligations.
5. Notwithstanding anything to the contrary contained in paragraphs 1 and 3 above, if the Principal does not furnish
a bond acceptable to the Department for the period commencing on the July 1 following the expiration of the term
of this Bond, the Principal and Surety shall remain liable to the Department for any breach by Principal of its
STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION
375-020-65
CONSTRUCTION
PAINTED GALVANIZED STEEL STRUCTURES PERFORMANCE BOND
OGC – 09/07
Page 2 of 2
obligations under any Assumption executed prior to the expiration of the term of this Bond, regardless of whether
the Assumption was executed prior to or during the term of this Bond; provided, however, that the Department shall
give the Principal and Surety written notice of said breach within no later than three years following the expiration of
the term of this Bond and within the five (5) year period set forth in paragraph 4 above. Any extended liability of the
Surety under this paragraph is a part of, not an addition to, the penal sum of this Bond as set forth above.
WITNESS the signature of the Principal [Fabricator Name]
and the signature of the Surety
its
(Agent or Attorney-in-Fact)
with the seals of said Principal and Surety hereunto affixed this
day of
,
.
Complete the following
Fabricator’s Name and Address and Telephone Number
Seal
/
/
Authorized Signature, Fabricator
(Printed Name) (Title)
Date
Surety’s Name and Address and Telephone Number
Seal
/
/
Authorized Signature, Surety’s Agent
(Printed Name) (Title)
Date
Or Surety’s Attorney-in-Fact
/
/
Authorized Signature, FDOT
(Printed Name) (Title)
Date
Fabricator shall record this bond in the official records of the Clerk of Court of Leon County.
Send “Notices to Owner” to:
FDOT, State Construction Office
Attn: Warranty Coordinator
605 Suwannee St
Mail Stop 31
Tallahassee FL 32399-0450
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