State of Colorado
<br />Bid Bond
<br />PROJECT: Hawks Nest Mine Reclamation
<br />KNOW ALL BY THESE PRESENTS:
<br />WHEREAS, Darnell Oxford dba
<br />hereinafter called the "PRINCIPAL", is
<br />hereinafter called the "OBLIGEE".
<br />PROJECT NO. PKA-1-476
<br />Dog Enterprises
<br />a PROPOSAL for the above described project, to the STATE OF COLORADO,
<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 an amount not less than five per cent (5%) of the Proposal, which sum it is specifically agreed
<br />is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in pursuance
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<br />of which Requirement, this Bid Bond is made, executed and delivered.
<br />NOW, THEREFORE, the Principal and
<br />P.O. Box 60130, Grand Junction, CO 81!
<br />a corporation of the State of Arizona
<br />Surety, are held and firmly bound unto the Oblil
<br />United States for the payment of which sum,
<br />administrators, successors and assigns, jointly an
<br />ngton International Insurance Company
<br />6
<br />, duly authorized to transact business in Colorado, as
<br />in the sum of five per cent (5%) of the Principal's total bid price, lawful money of the
<br />11 and truly to be made to the Obligee, we bind ourselves, our heirs, executors,
<br />/erally, 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
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<br />thirty (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 Agreement1,1 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
<br />A.D., 2000 .
<br />( Corporate Seal)
<br />Surety have executed this Bond, this
<br />THE PRINCIPAL
<br />5th
<br />day of September ,
<br />Darnell Oxford dba Red Dog Enterprises
<br />ATTEST:
<br />Secretary
<br />SIGNATURES: If the "Principal" is doing
<br />Vice-President. The signature
<br />If the "Principal" is an individi
<br />P.O. Box 452, Hotchkiss, CO 81419
<br />s
<br />By
<br />is as a Corporation, the Bid Bond shall be signed by an officer, i.e., President or
<br />the officer signing shall be attested to by the Secretary and properly sealed.
<br />or a partnership, the Bid Bond shall so indicate and be properly signed.
<br />THE SURETY
<br />(Corporate Seal)
<br />THIS BOND MUST BE ACCOMPANIED BY
<br />State Form SC-6.14
<br />Issued 9/1/65 (Rev. 7/1/89)
<br />FAILURE TO PROVIDE A PROPERLY EXI±
<br />WILL RESULT IN THE BIDDERS PROPOS,
<br />Washin t Interna ' nall Ins ran a Com an
<br />B
<br />Sandra K. I Attorney-in-Fact
<br />OF ATTORNEY, EFFECTIVELY DATED
<br />iTED BID BOND WITH A PROPERLY EXECUTED POWER OF ATTORNEY
<br />BEING DEEMED NON-RESPONSIVE.
<br />395-61-01-6146 11 S-1942/GEEF 2/98
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