SF 25 Performance Bond

Certain Federal Acquisition Regulation Part 28 Requirements (SF 24, 25, 25-A, 25-B, 28, 34, 35, 273, 274, 275, 14 - FAR Sections Affected: 52.228-1, 52.228-2, 52.228-13 thru 52.228-16

SF25-23

Certain Federal Acquisition Regulation Part 28 Requirements (SF 24, 25, 25-A, 25-B, 34, 35, 273, 274, 275, 14 - FAR Sections Affected: 52.228-1, 52.228-2, 52.228-13 thru 52.228-16

OMB: 9000-0001

Document [pdf]
Download: pdf | pdf
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: 9000-0045
Expiration Date: 8/31/2025
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

The Principal and Surety(ies) executed this performance bond and affixed their seals on the above date.
Principal
2.
3.
Signature(s) 1.
(Seal)
(Seal)
(Seal)
1.
2.
3.
Corporate
Name(s) &
Seal
Title(s)
(Typed)
Individual Surety(ies)
2.
Signature(s) 1.
(Seal)
(Seal)
Name(s)
2.
1.
(Typed)
Corporate Surety(ies)
Name &
State of Incorporation Liability Limit ($)
Address
2.
Signature(s) 1.
Corporate
1.
2.
Seal
Name(s) &
Title(s)
(Typed)
Name &
State of Incorporation Liability Limit ($)
Address
2.
Signature(s) 1.
Corporate
2.
Seal
Name(s) & 1.
Title(s)
(Typed)

Surety E

Surety D

Surety C

Name &
Address
Signature(s)
Name(s) &
Title(s)
(Typed)
Name &
Address
Signature(s)
Name(s) &
Title(s)
(Typed)
Name &
Address
Signature(s)
Name(s) &
Title(s)
(Typed)

State of Incorporation Liability Limit ($)
1.
1.

2.
2.

Corporate
Seal

State of Incorporation Liability Limit ($)
1.
1.

2.
2.

Corporate
Seal

State of Incorporation Liability Limit ($)
1.
1.

2.
2.

Corporate
Seal

STANDARD FORM 25 (REV. 10/2023) PAGE 2

Surety F

State of Incorporation Liability Limit ($)

Surety G

Corporate Surety(ies) (continued)
Name &
Address
Signature(s) 1.
Name(s) & 1.
Title(s)
(Typed)
Name &
Address
Signature(s) 1.
Name(s) & 1.
Title(s)
(Typed)

State of Incorporation Liability Limit ($)

Bond
Premium

Rate Per Thousand ($)

2.

Corporate
Seal

2.

2.

Corporate
Seal

2.

Total ($)

Instructions
1. This form is authorized for use in connection with Government contracts. Any deviation from this form
will require the written approval of the Administrator of General Services.
2. Insert the full legal name and business address of the Principal in the space designated "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 corporation involved.
3. (a) Corporations executing the bond as sureties must appear on the Department of the Treasury's list of
approved sureties and must act within the limitations listed therein. The value put into the Liability
Limit block is the penal sum (i.e., the face value) of bonds, unless a co-surety arrangement is
proposed.
(b) When multiple corporate sureties are involved, their names and addresses shall appear in the
spaces (Surety A, Surety B, etc.) headed "Corporate Surety(ies)." In the space designated
"Surety(ies)" on the face of the form, insert only the letter identifier corresponding to each of the
sureties. Moreover, when co-surety arrangements exist, the parties may allocate their respective
limitations of liability under the bonds, provided that the sum total of their liability equals 100% of the
bond penal sum.
(c) When individual sureties are involved, a completed Affidavit of Individual Surety (Standard Form 28)
for each individual surety shall accompany the bond. The government may require the surety to
furnish additional substantiating information concerning its financial capability.
4. Corporations executing the bond shall affix their corporate seals. Individuals shall execute the bond
opposite the words "Corporate Seal", and shall affix an adhesive seal if executed in Maine, New
Hampshire, or any other jurisdiction requiring adhesive seals.
5. Type the name and title of each person signing this bond in the space provided.
STANDARD FORM 25 (REV. 10/2023) PAGE 3

Paperwork Reduction Act Statement
This information collection meets the requirements of 44 USC § 3507, as amended by section 2 of the
Paperwork Reduction Act of 1995. You do not need to answer these questions unless we display a valid
Office of Management and Budget (OMB) control number. The OMB control number for this collection is
9000-0045. We estimate that it will take 1 hour to read the instructions, gather the facts, and answer the
questions. Send only comments relating to our time estimate, including suggestions for reducing this
burden, or any other aspects of this collection of information to: U.S. General Services Administration,
Regulatory Secretariat Division (M1V1CB), 1800 F Street, NW, Washington, DC 20405.

STANDARD FORM 25 (REV. 10/2023) PAGE 4


File Typeapplication/pdf
File TitleStandard Form 25 - Performance Bond
File Modified2023-10-12
File Created2023-10-12

© 2024 OMB.report | Privacy Policy