53.301-34 Standard Form 34

F




ANNUAL BID BOND
(See instructions on reverse)

DATE BOND EXECUTED

OMB No.: 9000-0045
Expires: 12/31/92

Public reporting burden for this collection of information is estimated to average 25 minutes per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.  Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden, to the FAR Secretariat (VRS), Office of Federal Acquisition Policy, GSA, Washington, DC 20405; and to the Office of Management and Budget, Paperwork Reduction Project (9000-0045), Washington, DC 20503.

PRINCIPAL (Legal name and business address)

TYPE OF ORGANIZATION ("X" one)

 

INDIVIDUAL

PARTNERSHIP

 

JOINT

CORPORATION

 

STATE OF INCORPORATION

SURETY(IES) (Name, business address, and State of Incorporation)

 

 

 

 

 

AGENCY TO WHICH BIDS ARE TO BE SUBMITTED

BIDS TO BE SUBMITTED DURING FISCAL YEAR ENDING

SEPTEMBER 30, 19________

OBLIGATION:

We, the Principal and surety(ies), are firmly bound to the United States of America (hereinafter called the Government) in the penal sum or sums that is sufficient to indemnify the Government in case of the default of the principal as provided herein. For payment of the penal sum or sums, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally.

CONDITION:

The Principal contemplates submitting bids from time to time during the fiscal year shown above to the department or agency named above for furnishing supplies or services to the Government. The Principal desires that all of those bids submitted for opening during the fiscal year be covered by a single bond instead of by a separate bid bond for each bid.

THEREFORE:

The above obligation is void and of no effect if the principal - (a) upon acceptance by the Government of any such bid within the period specified therein for acceptance (sixty (60) days if no period is specified), executes the further contractual documents and gives the bond(s) required by the terms of the bid as accepted within the time specified (ten (10) days if no period is specified) after receipt of forms by him/her; or (b) in the event of failure to execise the further contractual documents and give the bond(s), pays the Government for any cost of acquiring the work which exceeds the amount of the bid.

WITNESS:

The Principal and Surety(ies) executed this bid bond and affixed their seals on the above date.

SIGNATURES

NAMES AND TITLES (Typed)

PRINCIPAL

1.

(Seal)

1.

 

2.

(Seal)

2.

Corporate Seal

3.

(Seal)

3.

 

INDIVIDUAL SURETIES

1.

(Seal)

1.

 

2.

(Seal)

2.

 

CORPORATE SURETY

1.

1.

Corporate

2.

2.

Seal

AUTHORIZED FOR LOCAL REPRODUCTION
Previous edition is usable

STANDARD FORM 34 (REV – 1-90)
Prescribed by GSA – FAR (48 CFR) 53.228(f)

INSTRUCTIONS

1.  This form is authorized for use in the acquisition of supplies and services, excluding construction,in lieu of Standard Form 24 (Bid Bond). Any deviationfrom this form will require the written approval of the Administratorof General Services.

2.  Insert the full legal name and business address of the Principal in the space designed "Principal" on the face of the form.  An authorized person shall sign the bond. 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 corporationinvolved.

3.

(a) Corporations executing the bond as sureties must appear on the Department of the Treasury's list of approved sureties and must act withinthe limitationlisted therein.

(b) Where individualsureties are involved,a completed Affidavitof IndividualSurety (Standard Form 28), for each individual surety, shall accompanythe bond. The Governmentmay require the surety to furnish additionalsubstantiatinginformationconcerningits financialcapability.

4.  Corporationsexecuting the bond shall affix their corporate seals. Individualsshall execute the bond opposite the word "Corporate Seal", and shall affix an adhesive seal if executed in Maine, New Hampshire,or any other jurisdictionrequiring adhesiveseals.

5.  Type the name and title of each person signing this bond in the space provided.

6.  In its applicationto negotiatedcontracts,the terms "bid" and "bidder" shall include "proposal" and "offeror."