NSITE DOCUMENT
SPOKANE COUNTY BID DEPOSIT SURETY BOND FORM.doc
- Library: Purchissues
- Year Created: 2012
- File Type: DOC
The document consists of two bond forms related to bidding on a project in Spokane County, Washington. The first form is a Bid Deposit Surety Bond Form where the Principal and Surety are bound to the County of Spokane for the payment of a bid deposit. The conditions state that if the Principal enters into a contract with the county within ten days of the award, the obligation is void; otherwise, the bid deposit is forfeited. The second form is a Contractor's Performance and Payment Bond to dual obligees, the State of Washington and Spokane County. It outlines the obligations of the Principal and Surety under the contract, including fulfilling contract provisions, payment to laborers and suppliers, and indemnifying the obligees. The bond ensures that all parties involved in the project are protected and that the obligations are met as per the contract terms.