Laserfiche WebLink
.~ <br />.1i ~L:' .St~at~i Q~ <br />*~• Yy )Iy* <br />*+#* <br />Ord aORR. <br />PROJECT: OHIO CREEK #2 PROJECT NO. PI(A 634 <br />GUNNISON, COLOORADO <br />KNOW ALL MEN BY THESE PRESENTS: <br />WHEREAS, <br />Johnson Constructian, Inc. <br />hereinafter called the "PRINCIPAL", is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO, hereinafter <br />mllad the "OBLIGEE". <br />WHEREAS, the Advertisemem for Bids has required oa a wndition of receiving the Proposals that the Principal submit with the <br />PROPOSAL a PROPOSAL GUARANTY in an amount not leis than five per oem (S%) of the Proposal, which sum it is specifically agreed is ro <br />be forfeited as Uquidated Damages in the event that the P~indpal defaults in hb obligation as hereinafter specified, and, in pursuance of <br />which Requiremem, this BId Bond is made, ezacuted and delivered. <br />NOW, THEREFORE, tM Prirteipol and <br />Merchants Banding Company (Mutual) <br />o corporation of the State of It>wa duly authorized ro tronsoe (mainass in Colorado, m <br />Surety, an held and firmly bound umo the Obligati, in the sum of five par amt (S%) of the Principal's total bid prin. lawful money of the <br />United Status for the payment of which sum, well std troy ro bs mode ro the Obltgsa, wti bind ounehros, our heirs, ezecuron, <br />administrarora, su¢esson and assigns, jointly attd stiverolly, (Irmly by thew prwms. <br />FURTHER THAT, a mndt6on o(this abllgotron is such that the Principal shall maimoin hls Proposal In full force and effect for thirty <br />(30) days akar thti opening of the propoab for the project, or, tf the Prindpal$ Proposal is accepted, the Prirtdpal shall, within the <br />prescribed Kma, arrearta the required Agreemertf, furnish tM required Performance Bond, labor and Notarial Payment Fond, Insuronn <br />Policy, and Certificates aF Insurartn, then fhb obligation shall be null and void, otherwise A shall remain in fuB fora and effect, and <br />subjae ro forfeiture upon demand m Uquidatad Damages. <br />IN WITNESS WNEREOF said Prlnriptll and Surety havaattecutad this Fond, thla 11th' soy of TLINF ~ A.D., <br />19~_ <br />(Corporate Seal THE PRINCIPAL <br />ATTEST: <br />Johnson Construction, Inc. <br />Address <br />Secretary <br />By <br />SIGNATURES: If~theiTrineipa!" is doing business as a Corporation, the Bid Bond shall ba signed by an offker, i.a., Prpident or <br />The ~fgnoture of the officer signing shall he attested ro by the 5 <br />, Vic_=Presidrnt emry and properly sealed. <br />~ <br />. <br />Ir_She "Princip~~l".is an~indiridual or o partnership, the and shall so indices an be properly signed. <br />~:~ <br />V (Coriw,~re 5!e!) S RETY <br />_ <br />_ <br />~~ ~ - o (Mutual ) <br />_ <br /> <br />W. ey-in-Foe <br />THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED <br />Stale Form SC-6. 1 a <br />Issuetl 9/1/65 Itiev. 7/1/691 <br />FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTED <br />POWER OF ATTORNEY WILL RESULT IN THE BIDDERS PROPOSAL BEING DEEMED NON- <br />RESPONSIVE. <br />395-61-Of-bldb <br />