Are you looking to take control of government purchasing requirements and standardize the process? The SF-1418 form is required for any organization that wants to participate in a GSA (General Services Administration) program, so it's essential to understand what this document entails. This blog post will provide an overview of the SF 1418 form and discuss how organizations can use this paperwork today to stay compliant with federal regulations and remain competitive in the ever-evolving world of government procurement.
| Question | Answer |
|---|---|
| Form Name | Sf 1418 Form |
| Form Length | 3 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 45 sec |
| Other names | 6HDO, WKH, sf 1418 pdf, RI |
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,16758&7,216
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
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 limitation listed therein. Where more than one corporate surety is 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 identification of the sureties.
(b)Where 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 their financial capability.
4.Corporations executing the bond shall affix their corporate seals. Individuals shall execute the bond opposite the word "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.
6.Unless otherwise specified, the bond shall be submitted to the contracting office that awarded the contract.
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