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• C <br /> Fa Food <br /> PROJECT: Trinidad Basin Mine Project PROJECT NO. PKA-9-440 <br /> t <br /> KNOW ALL MEN BY THESE PRESENTS: <br /> WHEREAS, Purgatoire Valley Construction, Inc. <br /> hereinafter called the "PRINCIPAL", is submitting a BID for the above described project, to the STATE OF COLORADO, hereinafter called the <br /> "OBLIGEE". <br /> WHEREAS, the Advertisement for Bids has required as a condition of receiving the Bids that the Principal submit with the Bid a BID <br /> GUARANTY in an amount not less than five per cent(5%)of the Bid,which sum it is specifically agreed is to be forfeited as Liquidated Damages in the <br /> event that the Principal defaults in his obligation as hereinafter specified,and, in pursuance of which Requirement, this Bid Bond is made, executed and <br /> delivered. <br /> NOW,THEREFORE,the Principal and United Pacific Insurance Company <br /> a corporation of the State of PeMSylVaIliftly authorized to transact business in Colorado,as Surety, are held and firmly bound unto the Obligee, <br /> in the sum of five per cent(5%)of the Principal's total bid price, lawful money of the United States for the payment of which sum, well and truly to be <br /> made to the Obligee,we bind,ourselves,our heirs,executors,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 Bid in full force and effect for thirty (30)days <br /> after the opening of the bids for the project, or, if the Principal's Bid is accepted, the Principal shall, within the prescribed time, execute the required <br /> Agreement, furnish the required Performance Bond, Labor and Material Payment Bond, Insurance Policy, and Certificates of Insurance, then this <br /> Obligation shall be null and void,otherwise it shall remain in full force and effect,and subject to forfeiture upon demand as Liquidated Damages. <br /> IN:WITi iE,S81 ANIMREOF said Principal and Surety have executed this Bond,this 22nd day of June <br /> A.D. 19 59- = Y <br /> 1- 'Ocrrpo te;Seal) THE PRINCIPAL <br /> -= Purgatoire Valley Construction, Inc. <br /> ^�_ _=• ' 2347 ighway 12 Trinidad, CO 81082 <br /> ,� - <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 President. <br /> 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 /> ^ <br /> (COr THE SURETY <br /> puiaib�S!'a1) <br /> Uni Pa ific Insurance Company <br /> By rney-ln-Fact -- <br /> THIS BOND MUST.E�,ACCOMPANIED BY POWER OF ATTORNEY,EFFECTIVELY DATED Roi�ert J. Sunich <br /> FAILURE TO fR'0VfDE''A_- PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTED POWER OF <br /> ATTORNEY WILLRESUl,l',LN THE BIDDERS PROPOSAL BEING DEEMED NON-RESPONSIVE. <br /> STATE FORM SC-6.14 <br /> Issued 9/1/65(Rev. 7/1/891 <br /> 395.61-01.6146 <br />