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.

FAQ

Q: What is the Form 25D-14 Bid Bond?
A: The Form 25D-14 Bid Bond is a legal document used in Alaska for bidding on construction or public works projects.

Q: What is the purpose of the Form 25D-14 Bid Bond?
A: The purpose of the Form 25D-14 Bid Bond is to provide a financial guarantee to the project owner that the bidder will enter into a contract if selected as the winning bidder.

Q: Who needs to use the Form 25D-14 Bid Bond?
A: Contractors who are bidding on construction or public works projects in Alaska are required to use the Form 25D-14 Bid Bond.

Q: What information is required on the Form 25D-14 Bid Bond?
A: The Form 25D-14 Bid Bond requires information such as the contractor's name, address, and contact information, as well as the name of the project owner and the amount of the bid.

Q: Are there any fees associated with the Form 25D-14 Bid Bond?
A: Yes, there may be fees associated with obtaining a bid bond, as the bond is typically issued by a surety company and the contractor is responsible for paying the premium.

Q: What happens if a contractor fails to provide a Form 25D-14 Bid Bond?
A: If a contractor fails to provide a Form 25D-14 Bid Bond when required, their bid may be deemed non-responsive and they may be disqualified from the bidding process.

Q: Can a contractor use a different bid bond form instead of the Form 25D-14 Bid Bond?
A: No, in Alaska, contractors are required to use the Form 25D-14 Bid Bond for bidding on construction or public works projects.

Q: Is the Form 25D-14 Bid Bond specific to Alaska?
A: Yes, the Form 25D-14 Bid Bond is specific to Alaska and is not used for bidding on projects in other states or territories.

Q: Is the Form 25D-14 Bid Bond required for all types of construction projects?
A: The Form 25D-14 Bid Bond is typically required for government-funded construction or public works projects in Alaska, but may not be required for private construction projects.