Prepared by the Engineers Joint Contract Documents Committee (EJCDC).

With Bid Bond: Penal Sum Form, the bidder and surety agree to pay to the owner, upon default of the bidder, the penal sum set forth on the face of the bond.

EJCDC includes the American Society of Civil Engineers, the American Council of Engineering Companies, the National Society of Professional Engineers, and the participation of more than fifteen other professional engineering design, construction, owner, legal, and risk management organizations.