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<br /> 18 T 6 Va goad
<br /> PROJECT: Hawk's Nest Mine Maintenance PROJECT NO. PKA-0-451
<br /> KNOW ALL MEN BY THESE PRESENTS:
<br /> WHEREAS,
<br /> R. N. Robinson and Son, Inca
<br /> hereinafter called the"PRINCIPAL", is submitting a PROPOSAL for the above described project,to the STATE OF COLORADO, hereinafter
<br /> called the"OBLIGEE".
<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 on amount not less than five per cent(5%)of the Proposal,which sum it is specificoliy agreed is to
<br /> be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in pursuance of
<br /> which Requirement,this Bid Bond is made, executed and delivered.
<br /> NOW,THEREFORE,the Principal and
<br /> Merchants Bonding Company
<br /> a corporation of the State of Towa ,duly authorized to transact business in Colorado,as
<br /> Surety, are held and firmly bound unto the Obligee, in the sum of five per cent(5%)of the Principal's total bid price, lawful money of the
<br /> United States for the payment of which sum, well and truly to be made to the Obligee, we bind ourselves, our heirs, executors,
<br /> administrators, 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 for thirty
<br /> 1(30) days after the opening of the proposals for the project, or, if the Principal's Proposal is accepted, the Principal shall, within the
<br /> prescribed time, execute the required Agreement, furnish the required Performance Bond, Labor and Material Payment Bond, Insurance
<br /> Policy, and Certificates of Insurance, then this 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 said Principal and Surety hove executed this Bond,this h day of .A.D.,
<br /> (Corporate Seal) THE PRINCIPAL
<br /> R. N. RCUU-Ism&Son, IKE.
<br /> P 0 Box 117 81639
<br /> ess
<br /> ` �J L
<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
<br /> Vice-President. The signature of the officer signing shall be attested to by the Secretary and properly sealed.
<br /> If the'••P�incipol='-is an individual or a partnership, the Bid Bond shall so indicate and be properly signed.
<br /> (Corporate Seal;"/'' THE SURETY
<br /> Mc!dmts Bcxdilg Ca► y
<br /> Ry
<br /> KaffileM
<br /> A u„hes Attorney-in-F
<br /> •' '-
<br /> POWER OF ATTORNEY, EFFECTIVELY GATED
<br /> THIS BOND MUST BE ACCOMPANIEV�B
<br /> State Form SC-6. 14
<br /> Issued 9/1/65 (Rev. 7/1/89)
<br /> FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTED
<br /> POWER OF ATTORNEY WILL RESULT IN THE BIDDERS PROPOSAL BEING DEEMED NON-
<br /> RESPONSIVE.
<br /> I
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