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<br />-- . iii iiiiiiiiuiii-ii
<br />~Eate o~~olOrado
<br />Bond No.TPI-3789279
<br />7~id ~on~
<br />PROJECT: TRASH CLEAN UP, EARTH WORK, SEEDING
<br />PROJECT NO. PKA- 6 - 3 74
<br />5% Of the BmOUr1t bid r10t t0 BXCeed TWO THOUSAND TWO HUNDRED FIFTY AND 00/100
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />WHEREAS, WOOD CONSTRUCTION CO.
<br />14992 HIGHWAY 145 DOLORES,81323
<br />hereinafter called the "PRINCIPAL",is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO,
<br />hereinafter celled the 'OBLIGEE', DIVISION OF~MINERALS AND GEOLOGY
<br />WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with the
<br />PROPOSAL a PROPOSAL GUARANTY in an amount not less than five per cent 15%1 of the proposal, which sum it is specifically
<br />agreed is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in
<br />pursuance of which Requirement, this Bid Bond is made, executed and delivered.
<br />NOW, THEREFORE, the Principal and
<br />TIG PREMIER INSURANCE COMPANY
<br />70 W. MICHIGAN AVE ADMINISTRATIVE OFFICE
<br />BATTLE CREEK, MI 49016
<br />(Corporate Sed) THE PRINCIPAL
<br />WOOD CONSTRUCTION CO.
<br />14992 HIGHWAY 145 DOLORES, CO 81323
<br />ress
<br />a corporation of the State of CA ,duly authorized to transact business in Colorado, as Surety, are
<br />held and firmly bound unto the igee, m e sum o rve per cen %) of the Principal's total bid price, lawful money of the United
<br />States far the payment of which sum, well and truly to be made to the Obligee, wa bind ourselves, our hens, executors,
<br />adminisvators, successors and assigns, jointly and severally, firmly by these presents.
<br />FURTHER THAT, a condition of this obligation is such that the principal shall maintain his Proposal in full force for thirty 1301
<br />days after the opening of the proposals for this project, or, if the Principals Proposal is accepted, the Principal shall, within the
<br />prescribed time, execute the required Agreement. furnish the required Performance Bond, Labor and Material Pa ment Bond, Insurance
<br />Policy, and Certificates of Insurance, then hie obligation shall be null and void, otherwise it shall remain in full force and effect, and
<br />subject to forfeiture upon demand as Liquidated Damages.
<br />IN WITNESS WHEREOF edd Prlneipd end Surety have a:seated this Bond, this 1B day of June
<br />A.D., 1996.
<br />ATTEST:
<br />ey
<br />ecretary
<br />SIGNATURES: If the 'Principal' is doing business as a corporation, the Bid Bond shall be signed by en officer, i.e., President or
<br />Vice-President. The signature of the officer sigrnng shall be attested to by the Secretary and properly sealed.
<br />If the'Principal" is an individual ar a partnership, the Bid Bond shall so indicate and be properly signed.
<br />(Corporate Seal) THE SURETY
<br />TIG PRE E INSURANCE COMPANY
<br />BY - __ -
<br />Attorney-in-Fact _
<br />TERRENCE E. DREILING _ _ .- _'~ =-.
<br />THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED _ - _~ ..
<br />= - ,~ .-
<br />State Form SC-8. 14 ~. _ : -. `y :=
<br />Issued 9/1!65 (Rev. 7/1189) ~ '~'~., _ '
<br />FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTER!; s ' i'"~
<br />POWER OF ATTORNEY WILL RESULT IN THE BIDDERS PROPOSAL BEING DEEMED NON-'~o;i'~i~_' °°' - _
<br />RESPONSIVE. ~••.. = =
<br />,,v._ - .'
<br />395-081-01-8148
<br />
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