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~, <br />- <br />e~~e s ~ <br />>~e, ~~ ~~ <br />PROJECT: PROJECT NO. <br />KNOW ALL MEN BY THESE PRESENTS: <br />WHEREAS, <br />hereinafter called the "PRINCIPAL". is submiting a PROPOSAL for the above described project, to the STATE OF COLORADO. <br />hereinafter celled the "OBLIGEE". <br />WHEREAS, the Advertisement for Bids has required es a condition of receiving the Proposals that the Principal submit with <br />the PROPOSAL a PROPOSAL GUARANTY in an amount no4 less than five per cant )5%) of the Proposal, which sum it is specifically <br />agreed is to be forfeited es Liquidated Demeges in the event Chef the Principal defaults in his obligations es hereinafter specified, <br />end, in pursuance of which Requirement, this Bid bond is mode, ess<utsd and delivered. <br />NOW, THEREFORE, the Principal end <br />a corporation of the Stets of duly euthor'~:ed To transact business in Colorado, es <br />Surety, aro held and firmly bound unto the Obligee. in the sum of five per cent )5%) of the Principal's total bid pi,cs, lawful money of <br />The United States for the payment of which :um. well and Truly to bs made fo the Obligee, we bind ourselves, our heirs, asecutors, ed• <br />ministrefors, successors end assigns, jointly and severally, firmly by these presents. <br />FURTHER THAT, a condition of this obligstion is such that the Principal shall maintain his Proposal in lull force and eifoct <br />for thirty )30) days after the opening of the proposals for the protect. or, if the Principal's Propossl is accepted, the Principal shall, <br />within the prescribed time, execute the required Agreement, furnish the required Perfarmante Bond. Labor end Materiel Payment <br />Bond, Insurance Policy, end Certificates of Insurance, Than this obligation shall be null and void, otherwise it shell remain in full force <br />and affect, end subject to forfeiture upon demand es Liquidated Damegss. <br />IN WITNESS WHEREOF said Principe) end Surety have esecutsd this Bond. this day of ,A.D.. <br />19_. <br />)CorporeTe Seal) THE PRINCIPAL <br />ATTEST: <br />Secretary <br />BY <br />Address <br />SIGNATURES: If }he "Principal" is doing business as a Corporation, The Bid Bond shell be signed by en oFficar, i.e„ President or Vics- <br />Prosidsnt. The signature of the officer signing shell be eHested fo by the Secrofary end properly sealed. <br />If the "Pr'mcipel" is en ind'~vrduel or a partnership, the Bid Bond shall so indicate end be properly signed. <br />)Corpaeie Seal) THE SURETY <br />By <br />Attorney-in•Fact <br />THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED <br />State Fonn SC-8.14 <br />Isaued B/i/65 IRBV. 7/1/701 <br />