1995-04-03_GENERAL DOCUMENTS - C1981048 (3)

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# f ME028058 PROJECT! PROJECT NO. TRINIDAD BASIN MINING RECLAMATION PROJECT KNOW ALL MEN BY THESE PRESENTSr WHEREAS, SPANISH PEAKS CONSTRUCTION CO., P.O. BOX 44, GULNARE, CO 81042 hereinafter called the"PRINCIPAL',is submitting a PROPOSAL for the above described proiect,to the STATE OF COLORADO.hereinafter all ced th*"OBLIGEE ._ WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with the PROPOSAL a PROPOSAL GUARANTY in on omowe not less than five per cent(5%)of the Proposol,which sum it is specifically agreed is so be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and,in pursuance of which Requirement.this Bid Bond is mode,executed and delivered. NOW,THEREFORE,the Principal and NATIONAL AMERICAN INSURANCE COMPANY, 5231 S. QUEBEC ST., STE. 200, ENGLEWOOD, CO 80111 o corporation of the Slot*of NEBRASKA duly authorized to transact business in Colorado,as Surety, are held.and firmly bound unto the Obligee,in the sumof five per cem(S%)of the Principals total bid price, lawful money of the United Stores fa the payment of which sum, well and truly to be mode to the Obligee, we bind ourse"s, our heirs. executors, administrators.successors and assigns,jointly and severally,firmly by these presents. 5$ OF BID AMOUNT NOT 'T0, 'DXC�,EED LNU@�.�NQpo NO Fi-'�opo � OA� 00) ,y FURTHER BID THAT,a condition o this ion is t r nnct ntotnwat s r . In u race and effect for thin (30)'days after the opening of the proposals for the project. or, if the Principal's Proposal is accepted. the Principal shad, within the urnish the required Performance Bond. Labor and Material Payment Bond. Insurance prescribed time.execute the required Agreement. f Policy, and Certificates of insurance, then this obligation shall be null and void, otherwise it sholl remain in full force and effect, and subject to forfeiture upon demand as Liquidated Dornages. IN WITNESS WHEREOF;said Principal and Surety have executed this Bond.this 3RD toy of APR.RTT, A.D.. 1995 (Corporafe Seal) THE PRINCIPAL SPANISH PEAKS CONSTRUCTION COMP P.O. BOX 4 CO 81 ddmu ATTEST: By Secretary SIGNATURES: If the "Principal" is doing business os•o Corporation, the Bid Bond shall be signed by on.officer, Le.. President or Vice-president. The signature of the officer signing shall be attested to by the Secretory and properly sealed. If the-Principal'is an individual of a partnership,the Bid Bond shall so indicate and be properly signed. (Corpicaie`�ioF) , THE SURETY -` j NATIQDA AMERICAN INSURANCE By / REBECCA DOUMAArney-i THIS BONO MUST BE'ACC_OAIPANli 8Y POWER!OF ATTORNEY, EFFECTIVELY DATED Stale Form SC-6 14 issued 9!1/65,Rev. 711/891 FAILURE TO PROVIDE A PROPERLY EXECUTED 810 BOND WITH A PROPERLY EXECUTED POWER OF ATTORNEY WILL RESULT IN THE BIDDERS PROPOSAL BEING DEEMED NON- RESPONSIVE.