Bid Bond Form
The bid guarantee that gets your proposal through the door on bonded work.
Principal
Surety
Obligee
Project & Bond Details
Bond Terms
Execution
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Bid Bond Form for contractors bidding on bonded public and private projects
A bid bond guarantees the bidder will enter into a contract at the bid price — if they default, the surety pays the obligee the penal sum.
This template helps contractors bidding on bonded public and private projects satisfy bid bond requirements for public works and bonded private construction bids. It includes 6 organized sections with 22 professional fields. Fill it out in your browser and export a branded PDF in seconds.
Key Data Points
- ●Bid bonds are required on 100% of federal construction contracts over $150,000 (Miller Act)
- ●All 50 states require bid bonds on state public works projects above varying thresholds
- ●Bid bond penal sums are most commonly set at 5% or 10% of the total bid amount
What does this template include?
6 sections with 22 fields covering principal, surety, obligee, project & bond details, bond terms, execution.
How do I export this template?
Fill in the fields online. Click “Export Filled PDF” for a branded document. Or download a blank version to print.
Is this template free?
Yes. 100% free with no account required. Use it as many times as needed for any project.
Who is this template for?
Built for contractors bidding on bonded public and private projects who need to satisfy bid bond requirements for public works and bonded private construction bids.
How to Use the Bid Bond Form
- 1Enter principal, surety, and obligee information.
- 2Describe the project and enter the bid amount.
- 3Set the penal sum (typically 5% or 10% of bid amount).
- 4Enter bond expiration date and conditions.
- 5Execute with principal and surety signatures.
Related templates
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