Form DES-OE-0102.3 "Bidder's Bond" - California

What Is Form DES-OE-0102.3?

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

Form Details:

  • Released on August 1, 2016;
  • The latest edition provided by the California 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 fillable version of Form DES-OE-0102.3 by clicking the link below or browse more documents and templates provided by the California Department of Transportation.

ADVERTISEMENT
ADVERTISEMENT

Download Form DES-OE-0102.3 "Bidder's Bond" - California

1163 times
Rate (4.7 / 5) 80 votes
STATE OF CALIFORNIA • DEPARTMENT OF TRANSPORTATION
Contract No.
BIDDER'S BOND
Bond No.
DES-OE-0102.3 (REV 08/2016)
We
as Principal, and
as Surety are bound unto the State of California, Department of Transportation, hereafter referred to as "Obligee", in the penal sum of ten
percent (10%) of the total amount of the bid of the Principal submitted to the Obligee for the work described below, for the payment of which
sum we bind ourselves, jointly and severally,
THE CONDITION OF THIS OBLIGATION IS SUCH, THAT:
WHEREAS, the Principal is submitting a bid to the Obligee, for
(Copy here the exact description of work, including location, as it appears on the proposal)
for which bids are to be opened at
(Insert place where bids will be opened)
on
(Insert date of bid opening)
NOW, THEREFORE, if the Principal is awarded the contract and, within the time and manner required under the specifications, after
the prescribed forms are presented to him for signature, enters into a written contract, in the prescribed form, in accordance with the bid, and
files two bonds with the Obligee, one to guarantee faithful performance (if specified in the contract) of the contract and the other to guarantee
payment for labor and materials as provided by law, then this obligation shall be null and void; otherwise, it shall remain in full force.
In the event a suit is brought upon this bond by the Obligee and judgment is recovered, the Surety shall pay all costs incurred by the
Obligee in such suit, including a reasonable attorney's fee to be fixed by the court.
Dated:
, 20
.
Principal
Surety
Address of Surety
(for correspondence or claims)
By
Attorney-in-Fact
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
}
State of California
County of
,
On this
before me,
Date
Here Insert Name and Title of the Officer
personally appeared
Name(s) of Signer(s)
,
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and
acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the
instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
Signature
(SEAL)
Signature of Notary Public
For individuals with sensory disabilities, this document is available in alternate formats. For information, call (916) 445-1233,
ADA Notice
TTY 711, or write to Records and Forms Management, 1120 N Street, MS-89, Sacramento, CA 95814.
STATE OF CALIFORNIA • DEPARTMENT OF TRANSPORTATION
Contract No.
BIDDER'S BOND
Bond No.
DES-OE-0102.3 (REV 08/2016)
We
as Principal, and
as Surety are bound unto the State of California, Department of Transportation, hereafter referred to as "Obligee", in the penal sum of ten
percent (10%) of the total amount of the bid of the Principal submitted to the Obligee for the work described below, for the payment of which
sum we bind ourselves, jointly and severally,
THE CONDITION OF THIS OBLIGATION IS SUCH, THAT:
WHEREAS, the Principal is submitting a bid to the Obligee, for
(Copy here the exact description of work, including location, as it appears on the proposal)
for which bids are to be opened at
(Insert place where bids will be opened)
on
(Insert date of bid opening)
NOW, THEREFORE, if the Principal is awarded the contract and, within the time and manner required under the specifications, after
the prescribed forms are presented to him for signature, enters into a written contract, in the prescribed form, in accordance with the bid, and
files two bonds with the Obligee, one to guarantee faithful performance (if specified in the contract) of the contract and the other to guarantee
payment for labor and materials as provided by law, then this obligation shall be null and void; otherwise, it shall remain in full force.
In the event a suit is brought upon this bond by the Obligee and judgment is recovered, the Surety shall pay all costs incurred by the
Obligee in such suit, including a reasonable attorney's fee to be fixed by the court.
Dated:
, 20
.
Principal
Surety
Address of Surety
(for correspondence or claims)
By
Attorney-in-Fact
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
}
State of California
County of
,
On this
before me,
Date
Here Insert Name and Title of the Officer
personally appeared
Name(s) of Signer(s)
,
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and
acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the
instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
Signature
(SEAL)
Signature of Notary Public
For individuals with sensory disabilities, this document is available in alternate formats. For information, call (916) 445-1233,
ADA Notice
TTY 711, or write to Records and Forms Management, 1120 N Street, MS-89, Sacramento, CA 95814.