Attachment 8: Performance Bond SF25-23a upon award

Performance Bond

Date Bond Executed (Must be same or
later than date of contract)

See Instructions on page 3
Principal (Legal name and business address)

OMB Control Number: 9000-0001
Expiration Date: 1/31/2027
Type of Organization ("X" one)
Partnership
Individual
Joint Venture

Corporation

Other (Specify)
State of Incorporation
Surety(ies) (Name(s) and business address(es))

Penal Sum of Bond
Million(s) Thousand(s) Hundred(s) Cents
Contract Date Contract Number

Obligation:
We, the Principal and Surety(ies), are firmly bound to the United States of America (hereinafter called the Government) in the above penal sum. For payment of the penal sum, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally. However, where the Sureties are corporations acting as co-sureties, we, the Sureties, bind ourselves in such sum "jointly and severally" as well as "severally" only for the purpose of allowing a joint action or actions against any or all of us. For all other purposes, each Surety binds itself, jointly and severally with the Principal, for the payment of the sum shown opposite the name of the Surety. If no limit of liability is indicated, the limit of liability is the full amount of the penal sum.
Conditions:
The Principal has entered into the contract identified above. Therefore:
The above obligation is void if the Principal(a) (1) Performs and fulfills all the understanding, covenants, terms, conditions, and agreements of the contract during the original term of the contract and any extensions thereof that are granted by the Government, with or without notice of the Surety(ies) and during the life of any guaranty required under the contract, and
(2) Performs and fulfills all the undertakings, covenants, terms, conditions, and agreements of any and all duly authorized modifications of the contract that hereafter are made. Notice of those modifications to the Surety(ies) are waived.
(b)

Pays to the Government the full amount of the taxes imposed by the Government, if the said contract is subject to 41 USC Chapter 31, Subchapter III, Bonds, which are collected, deducted, or withheld from wages paid by the Principal in carrying out the construction contract with respect to which this bond is furnished.

Authorized For Local Reproduction
Previous Edition Is Not Usable

STANDARD FORM 25 (REV. 10/2023)

Prescribed by GSA-FAR (48 CFR) 53.228(b)

Witness:

Surety B

Surety A