Sample Performance Bond - Lake County

PERFORMANCE BOND (SAMPLE) 

KNOW ALL MEN BY THESE PRESENTS: that We, 

Contractor_____________________ 

Contractor Address______________ 

Contractor Address 2____________ 

Contractor Telephone____________ 

BOND NO. _______________ 

(hereinafter called the "Principal"), whose principal business address and telephone number is 

as stated above; and 

(Surety)________________________ 

Surety Address__________________ 

Surety Address 2 ________________ 

Surety Phone ___________________ 

(hereinafter called the "Surety"), whose principal address and telephone number is as stated 

above, a surety insurer chartered and existing under the laws of the State of 

________________and authorized to do business in the State of Florida; 

are held and firmly bound unto Lake County Board of County Commissioners, Lake County, 

Florida (hereinafter called the "Obligee"), whose principal address is P.O. Box 7800, Tavares, 

Florida 32778, and whose principal telephone number is (352) 483-9000, in the sum of 

______________________________________________________________________________ 

____________________________ ($_______________________________________________) 

for payment of which we bond ourselves, our heirs, our personal representatives, our 

successors and our assignees, jointly and severally. 

WHEREAS, Principal has entered into a contract with Obligee for «ProjectName», Bid 

No. «BidNumber» in accordance with drawings and specifications, which contract is 

incorporated herein by reference and made a part hereof, and is referred to as the Contract. 

THE CONDITION OF THIS BOND is that if Principal: 

1. Performs the Contract at the times and in the manner prescribed in the Contract; and 

2. Pays Obligee any and all losses, damages, costs and attorneys' fees, including appellate 

proceedings, that Obligee sustains because of any default by Principal under the 

Contract, including, but not limited to, all delay damages, whether liquidated or actual, 

incurred by Obligee; and

3. Performs the guarantee of all work and materials furnished under the Contract for the 

time specified in the Contract; 

4. Promptly make all payments to all persons defined in Section 713.01, Florida Statutes, 

whose claims derive directly or indirectly from the prosecution of the work provided for 

in the Contract; 

then this bond is void; otherwise it remains in full force. 

Any changes in or under the Contract and compliance or noncompliance with any formalities 

connected with the Contract or the changes do not affect Surety's obligation under this bond. 

The Surety, for value received, hereby stipulates and agrees that no changes, extensions of 

time, alterations or additions to the terms of the Contract or other work to be performed 

hereunder, or the specifications referred to therein shall in anyway affect its obligation under 

this bond, and it does hereby waive notice of any such changes, extensions of time, alterations 

or additions to the terms of the Contract or to work or to the specifications. 

This instrument shall be construed in all respects as a statutory bond. It is expressly 

understood the time provisions and statute of limitation under Section 255.05, Florida Statutes, 

shall apply to this bond. 

By execution of this bond, the Surety acknowledges that it has read the Surety qualifications 

and obligations imposed by the construction contract and hereby satisfies those conditions. 

IN WITNESS WHEREOF, the above bounded parties have executed this instrument 

this day of ______ , 20 , the name of each party being affixed 

and these presents duly signed by its undersigned representative, pursuant to authority of its 

governing body. 

Signed, sealed and delivered 

in the presence of: 

PRINCIPAL: 

«Contractor» 

Witness as to Principal 

Witness as to Principal 

By:_____________________________ 

«ContractorPrincipal» 

________________________________ 

(Printed Name) 

«PrincipalTitle» 

(Title) 

«ContratorAddress_», «ContratorAddress2» 

(Business Address)

BOND NO._______________ 

STATE OF_____________________ 

COUNTY OF___________________ 

The forgoing instrument was acknowledged before me this_____________________________ 

by______________________________________________________________________ 

of__________________________, a ____________________________________ 

Corporation, on behalf of the Corporation. He/She is personally known to me or has produced 

Florida Driver's License as identification and who did (did not) take an oath. 

NOTARY:____________________ 

Print Name: 

COMMISSION NUMBER:_____________ 

My commission expires:_____________ 

Witness as to Surety 

Witness as to Surety 

Witness as Attorney In Fact 

Witness as Attorney In Fact 

By: ___________________________ 

(Authorized Signature) 

_______________________________ 


_______________________________ 

(Title) 

________________________________ 

________________________________ 

________________________________ 

(Business Address) 

OR 

__________________________________ 

As Attorney In Fact (Attach Power of Attorney) 

__________________________________ 


__________________________________ 

__________________________________ 

__________________________________ 

(Business Address) 

___________________________________ 

(Telephone Number)

BOND NO._______________ 

STATE OF_______________ 

COUNTY OF_________________ 

The forgoing instrument was acknowledged before me this___________________________ 

by 

of 

, a Corporation, on behalf of the Corporation. He/She is personally 

known to me or has produced Florida Driver's License as identification and who did (did not) 

take an oath. 

NOTARY:_________________ 

Print Name:______________________ 

COMMISSION NUMBER:_____________ My 

commission expires:_____________

Sample Performance Bond - Lake County

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