Date, principal and organization type
Date bond executed, the OMB control number, the principal's legal name and business address, type of organization (individual, partnership, joint venture, corporation or other) and state of incorporation.
SF24
Bid Bond
- Agency
- GSA
- Revision
- Rev. 10/2023
- Fillable fields
- 97
- Pages
- 4
- Official source
- GSA form page
- Checked
- October 20, 2026
Standard Form 24 (SF 24): Bid Bond
Standard Form 24 (SF 24), Bid Bond, is a bond in which a principal and one or more sureties bind themselves to the United States of America in a penal sum for a bid the principal has submitted. Its footer prints STANDARD FORM 24 (REV. 10/2023), Prescribed by GSA - FAR (48 CFR) 53.228(a), and GSA hosts a copy in its forms library. GSA's page says the form is intended for use by government contractors and contracting personnel for compliance with and management of financial security requirements in Federal Government contracts.
The instructions say the form is authorized for use when a bid guaranty is required, and that any deviation from it will require the written approval of the Administrator of General Services. It carries OMB Control Number 9000-0001, Expiration Date 1/31/2027. The Date Bond Executed box says it must not be later than the bid opening date.
The Paperwork Reduction Act statement estimates 1 hour to read the instructions, gather the facts and answer the questions. You can fill it out free in your browser on this page and download the result without an account.
What's on SF 24
Sureties and penal sum
The names and business addresses of the sureties, and the penal sum as a percent of the bid price and an amount not to exceed, in millions, thousands, hundreds and cents.
Bid identification
The bid date, the invitation number, and whether the bid is for construction, supplies or services.
Obligation and conditions
The principal and sureties are bound jointly and severally. The obligation is void if the principal, once the bid is accepted, executes the further contract documents and bonds in time, or pays the Government any cost of procuring the work that exceeds the bid.
Signatures and seals
Up to three principal signers, two individual sureties, and corporate sureties A to G, each with name and address, state of incorporation, liability limit in dollars, typed names and titles, and a corporate seal.
Instructions and burden statement
Pages 3 and 4 give seven numbered instructions and the Paperwork Reduction Act statement for OMB control number 9000-0001.
How to complete SF 24
- 1
Enter the principal
Insert the full legal name and business address of the principal in the Principal space, and mark one type of organization with an X.
- 2
State the penal sum
The instructions say the bond may express the penal sum as a percentage of the bid price, and in that case may state a maximum dollar limitation.
- 3
List the sureties
With multiple corporate sureties, put their names and addresses in the Surety A, Surety B and later spaces, and only their letter identifiers in the Surety(ies) space on the face of the form.
- 4
Attach SF 28 for individual sureties
A completed Standard Form 28 accompanies the bond for each individual surety. The form says the Government may require the surety to furnish more information on its financial capability.
- 5
Sign, seal and type names
Corporations affix their corporate seals. Individuals sign opposite Corporate Seal and affix an adhesive seal if executed in Maine, New Hampshire or any other jurisdiction requiring adhesive seals. Type each signer's name and title.
- 6
Date it no later than bid opening
The Date Bond Executed box says the date must not be later than the bid opening date.
Why fill Form SF24 on indox
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Where it goes and what the form says
Where it goes
The PDF gives no filing address. The form says it is authorized for use when a bid guaranty is required, and its conditions refer to the bid identified on the form.
Periods printed on the form
If the bid names no period, the form uses sixty (60) days for acceptance, and ten (10) days after receipt of the forms to execute the further contract documents and bonds.
Extensions
Each surety agrees its obligation is not impaired by extensions of the time for acceptance. The waiver of notice applies only to extensions aggregating not more than sixty (60) calendar days beyond the original period.
Negotiated contracts
The form says that in its application to negotiated contracts, the terms bid and bidder include proposal and offeror.
Burden comments
The Paperwork Reduction Act statement says to send only comments on its time estimate to General Services Administration, Regulatory Secretariat Division (MVCB), 1800 F Street, NW, Washington, DC 20405.
Related forms
Who uses SF 24?
GSA's page and the form's instructions describe these parties.
Official sources and the blank
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Questions about Form SF24
Who issues SF 24?
The footer prints STANDARD FORM 24 (REV. 10/2023), Prescribed by GSA - FAR (48 CFR) 53.228(a). GSA hosts it in its forms library, and the form carries OMB Control Number 9000-0001.
When is SF 24 used?
The instructions say it is authorized for use when a bid guaranty is required. Any deviation from the form will require the written approval of the Administrator of General Services.
Can the penal sum be a percentage of the bid?
Yes. The form says the bond may express the penal sum as a percentage of the bid price, and the bond may state a maximum dollar limitation.
What if no liability limit is shown for a surety?
The form says that if no limit of liability is indicated, the limit of liability is the full amount of the penal sum.
Which sureties can sign SF 24?
The form says corporate sureties appear on the Department of the Treasury's list of approved sureties and act within its limitations. Each individual surety comes with a completed Standard Form 28.
Does SF 24 apply to proposals?
The form says that in its application to negotiated contracts, the terms bid and bidder include proposal and offeror.
How long does SF 24 take to fill out?
The Paperwork Reduction Act statement estimates 1 hour to read the instructions, gather the facts and answer the questions.