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r State a~ <br />...~~~• <br />wsa <br />PROJECT: <br />KNOW ALL MEN BY THESE PRESENTS: <br />WHEREAS, <br />THE PRINCIPAL <br />hereinafter celled the "PRINCIPAL". is xubmiting a PROPOSAL for the above described project. to the STATE OF COLORADO. <br />hereinafter tailed the "OBLIGEE". <br />WHEREAS, the Adverfisament for Bids has required es a Condition of receiving the Propwals that the Principal submit .;th <br />the PROPOSAL a PROPOSAL GUARANTY in •n amount not less than Fve per cent )5`/.) of the P.oposel. which sum it is sDecihcally <br />agreed is to be forfeited as Liquidated Damages in the event that the Pr'rncipsl defaults in his obligations es hereinafter speciiicd. <br />end. in punwnce of which Requinmant, this Bid fiord is made. asetufed and daliwrcd. <br />NOW. THEREFORE the Principal and <br />a corpora}ion a( the State of .duly authorixad to transact business in Colorado, es <br />Sureh. ere held end firmly bound urdo she Obligee. in the sum of five per cent )5°/.) of the Principal's total bid price. Ie.-ivl money er <br />the United States for 16e payment of .hi<h sum, .ell end truly fo be made to the Obligee. vre bind ourselves. our heirs. ese<utors. ad- <br />ministrators. successors and assigns. jointly and severally, firmly by these presenh. <br />FURTHER THAT, a condifien of this obligation is wch that the Principal shell meintsin his PfODOSaI in (ull force and effoce <br />for thirty )30) dari offer the opening of The proposals iw the Froject, or, i{ the Principal's Proposal is accepted. the Printipal shell, <br />.ifhin }he prescribed time, asaMe the required Agroemen}, furnish the required Performance Bond. Labor and Materiel Paymerrf <br />Bond. Imurante Pdity, and GrtiRCetes of Imurence, then this obligation shell be nut and wid. ofhe.vise it shall remain ~ full force <br />and effect. and subject To forfeiture upon demand ss Liquidated Damages. <br />IN WITNESS WHEREOF aid Principal and $urcy haw esecuted this Bord. <br />19_. <br />)Corporeta Saal) <br />ATTEST: <br />Secrotary <br />~~ ~~ <br />PROJECT NO. <br />day o{ ,tiD: <br />Address <br />By <br />$IGNAT:JRES: If fh< "Principal" is doing busineu as a Corporation, ti+e Bid Bond shell be signed by en officer, i.e_ President or Vice- <br />President. Tha signature of the oir'rcar signing shall be aflesfed to by the Secretary and properly sealed. <br />If the "Principal' is an ind'mduet or a partnership, the Bid Bond shell so indicate end be properly signed. <br />)Corporate Seal) <br />THE SURETY <br />8y <br />Attornepin•Fecf <br />THIS BOND MUST BCE ACCOMPANIEp BY POMER OF ATTORNEY, EFFECTIVELT DATED <br />Bute Fa+m SC-6.16 <br />Isswe 9/1/65 (Rev. 7/1/701 <br />