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i <br /> " add word <br /> aoaa <br /> PROJECT: <br /> 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 called the "OBLIGEE". <br /> WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with <br /> the PROPOSAL a PROPOSAL GUARANTY in an amount not less than five per cent (5%) 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 obligations as hereinafter specified, <br /> and, in pursuance of which Requirement, this Bid Bond is made, executed and delivered. <br /> NOW. THEREFORE, the Principal and <br /> a corporation of the State of duly authorized to transact business in Colorado, as <br /> Surety,are held and firmly bound into the Obligee, in the sum of five per cent (5%) of the Principal's total bid price, lawful money'of <br /> the United States for the payment of which sum,well and truly to be made to the Obligee. we bind ourselves. our heirs, executors, ad- <br /> ministrators. 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 and effect <br /> for thirty (30) days after the opening of the proposals for the project, or. if the Principal's Proposal is accepted, the Principal shall, <br /> within the prescribed time, execute the required Agreement, furnish the required Performance Bond. Labor and Material Payment <br /> Bond. Insurance Policy. and Certificates of Insurance, then this'obligation shall be null and void,otherwise it shall remain ri full force <br /> and effect, and subject to forfeiture upon demand as Liquidated Damages. ! <br /> IN WITNESS WHEREOF said Principal and Surety have executed this Bond.this day of..A.D.. <br /> 19 <br /> (Corporate Seal) THE PRINCIPAL <br /> ATTEST: Address <br /> By <br /> Secretary <br /> SIGNATURES: If the"Principal' is doing business as a Corporation, the Bid Bond shall be signed by an officer. i.e.. President or Vice- <br /> President. The signature of the officer signing shall be attested to by the Secretary and properly sealed. <br /> If the "Principal' is an individual or a partnership, the Bid Bond shall so indicate and be properly signed. <br /> (Corporate Seal) THE SURETY <br /> By <br /> Attorney-in-Fact <br /> THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY. EFFECTIVELY DATED <br /> State Form SC-6.14 <br /> Issued 9/1/65 (Rev.7/1/70) <br /> --- - - --- - is <br />