Form 25D-14 "Bid Bond" - Alaska

What Is Form 25D-14?

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

Form Details:

  • Released on August 1, 2001;
  • The latest edition provided by the Alaska Department of Transportation and Public Facilities;
  • 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 25D-14 by clicking the link below or browse more documents and templates provided by the Alaska Department of Transportation and Public Facilities.

ADVERTISEMENT
ADVERTISEMENT

Download Form 25D-14 "Bid Bond" - Alaska

Download PDF

Fill PDF online

Rate (4.4 / 5) 16 votes
STATE OF ALASKA
DEPARTMENT OF TRANSPORTATION AND PUBLIC FACILITIES
BID BOND
For
Project Name and Number
DATE BOND EXECUTED:
PRINCIPAL (Legal name and business address):
TYPE OF ORGANIZATION:
[ ] Individual
[ ] Partnership
[ ] Joint Venture
[ ] Corporation
STATE OF INCORPORATION:
SURETY(IES) (Name and business address):
A.
B.
C.
PENAL SUM OF BOND:
DATE OF BID:
We, the PRINCIPAL and SURETY above named, are held and firmly bound to the State (State of Alaska), in the penal sum of
the amount stated above, for the payment of which sum will be made, we bind ourselves and our legal representatives and
successors, jointly and severally, by this instrument.
THE CONDITION OF THE FOREGOING OBLIGATION is that the Principal has submitted the accompanying bid in writing,
date as shown above, on the above-referenced Project in accordance with contract documents filed in the office of the
Contracting Officer, and under the Invitation for Bids therefor, and is required to furnish a bond in the amount stated above.
If the Principal's bid is accepted and he is offered the proposed contract for award, and if the Principal fails to enter into the
contract, then the obligation to the State created by this bond shall be in full force and effect.
If the Principal enters into the contract, then the foregoing obligation is null and void.
PRINCIPAL
1.
2.
3.
Signature(s)
1.
2.
3.
Name(s)
& Title(s)
(Typed)
Corporate
Seal
See Instructions on Reverse
Form 25D-14 (8/01)
Page 1 of 2
STATE OF ALASKA
DEPARTMENT OF TRANSPORTATION AND PUBLIC FACILITIES
BID BOND
For
Project Name and Number
DATE BOND EXECUTED:
PRINCIPAL (Legal name and business address):
TYPE OF ORGANIZATION:
[ ] Individual
[ ] Partnership
[ ] Joint Venture
[ ] Corporation
STATE OF INCORPORATION:
SURETY(IES) (Name and business address):
A.
B.
C.
PENAL SUM OF BOND:
DATE OF BID:
We, the PRINCIPAL and SURETY above named, are held and firmly bound to the State (State of Alaska), in the penal sum of
the amount stated above, for the payment of which sum will be made, we bind ourselves and our legal representatives and
successors, jointly and severally, by this instrument.
THE CONDITION OF THE FOREGOING OBLIGATION is that the Principal has submitted the accompanying bid in writing,
date as shown above, on the above-referenced Project in accordance with contract documents filed in the office of the
Contracting Officer, and under the Invitation for Bids therefor, and is required to furnish a bond in the amount stated above.
If the Principal's bid is accepted and he is offered the proposed contract for award, and if the Principal fails to enter into the
contract, then the obligation to the State created by this bond shall be in full force and effect.
If the Principal enters into the contract, then the foregoing obligation is null and void.
PRINCIPAL
1.
2.
3.
Signature(s)
1.
2.
3.
Name(s)
& Title(s)
(Typed)
Corporate
Seal
See Instructions on Reverse
Form 25D-14 (8/01)
Page 1 of 2
CORPORATE SURETY(IES)
Surety A
Name of Corporation
State of Incorporation
Liability Limit
$
Signature(s)
1.
2.
Corporate
Name(s)
1.
2.
Seal
& Titles
(Typed)
Surety B
Name of Corporation
State of Incorporation
Liability Limit
$
Signature(s)
1.
2.
Corporate
Name(s)
1.
2.
Seal
& Titles
(Typed)
Surety C
Name of Corporation
State of Incorporation
Liability Limit
$
Signature(s)
1.
2.
Corporate
Name(s)
1.
2.
Seal
& Titles
(Typed)
INSTRUCTIONS
1.
This form shall be used whenever a bid bond is submitted.
2.
Insert the full legal name and business address of the Principal in the space designated. If the Principal is a partnership
or joint venture, the names of all principal parties must be included (e.g., "Smith Construction, Inc. and Jones
Contracting, Inc. DBA Smith/Jones Builders, a joint venture"). If the Principal is a corporation, the name of the state in
which incorporated shall be inserted in the space provided.
3.
Insert the full legal name and business address of the Surety in the space designated. The Surety on the bond may be
any corporation or partnership authorized to do business in Alaska as an insurer under AS 21.09. Individual sureties
will not be accepted.
4.
The penal amount of the bond may be shown either as an amount (in words and figures) or as a percent of the contract
bid price (a not-to-exceed amount may be included).
5.
The scheduled bid opening date shall be entered in the space marked Date of Bid.
6.
The bond shall be executed by authorized representatives of the Principal and Surety. Corporations executing the bond
shall also affix their corporate seal.
7.
Any person signing in a representative capacity (e.g., an attorney-in-fact) must furnish evidence of authority if that
representative is not a member of the firm, partnership, or joint venture, or an officer of the corporation involved.
8.
The states of incorporation and the limits of liability of each surety shall be indicated in the spaces provided.
9.
The date that bond is executed must not be later than the bid opening date.
Form 25D-14 (8/01)
Page 2 of 2
Page of 2