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Sent By: Parkwest/Alpine; 970 464 4776; Aug-31-00 9:24APd; Page 2/2 <br />7rya9 <br />State 4 <br />Bond # BD442505 Va d a <br />PROJECT-Hawks Nest Mine 'Reclamation PTbject <br />KNOW ALL MEN BY THESE PRESENTS, <br />WHEREAS, <br />Alpine Construction and Engineeri <br />here;nafter called the "PRINCIPAL". is siibmiting a PROM <br />hereinafter tailed the "OBLIGEE". <br />Inc. <br />PROJECT NO. PKA 1 476 <br />for the above described project, to the STATE OP COLORADO. <br />WHEREAS, the Advertisement for Bids has requiredias a condition of rece;-;ng the Proposals that the Principal submit with <br />the PROPOSAL a PROPOSAL GUARANTY in en amount not flats then five Der cent (5`/,j of the Proposal, -111th sum it is spocifically <br />agreed is to be forfeited as Liquidated Damages in the event'ihat the Principal defaults in his obligations as hereinafter specified, <br />and, in pursuance of shish Requirement, this Bid Bond is madrt executed and delivered, <br />NOW, THEREFORE. the Principal and <br />Nationwide Mutual Insurance Company;, 701 5th Avenue Dept 2006 Des Moines IA 50391-2006 <br />Ohio <br />e Corporation of the Slate of duly authorized to transact business in Colorado, as <br />Surat', are hold and firmly bound into the Obligee, in the sum.bf five per cent (5e/) of the Print7pal's Total bid price, lawful money of <br />the United States for the payment of which sum. yell and truly tp be made to the Obligee, we bind ourselves, our heirs. etneutors- ad, <br />minisirators, suceeuars and assigns, jointly and sevevelly, firmly: by these: presents- <br />FURTHER THAT, a condition of this obligation is su <br />for thirty (30) days after the openiAg of the proposals for th <br />within the prescribed lime. execsits the required Agreement <br />Bond, Insvrence Policy, and Certificates of Insurance, then tl <br />and effect, and subject to forfeiture upon demand as Liquida <br />IN, WITNESS WHEREOF said Principal and Surety hav <br />r? /`CJOp <br />(Corporate 5001) <br />-ATTEST,: <br />Secretary <br />SIGNATURES- If the "Principal" is doing business as a Corpo <br />President, The yigneture of the oificer signing <br />If the "P•incipal" n an indi-;dual or a perrner <br />??(Ce4rrorafc Saaf)?i! ??` <br />v <br />THIS BOND>IVI Sf BE ACCOMPANf$Z`,r BY POWER OF ATTi <br />Sure Form SC-e,ta- <br />Issues 9/1/65 14?yt7/1%790 <br />that the Principal shall maintain his Proposal in full torte and sifact <br />Froje4i, or. if the Principal's Proposal is accepted, the Principal shell, <br />urnish the required Performance Bond- Labor and Material Payment <br />obligation shall be null and void. other-ise it shall remain )n full forte <br />( Damages_ l <br />executed this Bond. this 5th day of Septemb?_; <br />THE PRINCIPAL <br />Alpine Construction and Engineering, Inc. <br />766 Garfield Driv Palisade, CO 81526 <br />1 Z;"zX <br />a"/ <br />By <br />Collin K. Fay, Pre ident <br />on, the Bid Bond shell be signed by ofGcari_e„ President or Vice- <br />ill be attested to by the Secratary and properly sealed, <br />s, the Bid Bond shall so indicate and be Properly signed- <br />THE SURETY <br />_LUionwi Mutual Insurance Company <br />By S /e <br />Attorney-in•Foci <br />Tthy Shearwood <br />EY, EFFECTIVELY DATED