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COtO <br /> H / Bond No.999641 <br /> * * State of( o1ohado <br /> 1876 Aid 12ond <br /> PROJECT:TRINIDAD BASIN MINE PROJECT PROJECT NO.PKA-9-440 <br /> 5% of the amount bid not to exceed FIVE THOUSAND AND 00/100 <br /> KNOW ALL MEN BY THESE PRESENTS: <br /> WHEREAS, RAY WARD TRUCKING <br /> 30193 HIGHWAY 184, DOLORES, CO 81323 <br /> hereinafter called the "PRINCIPAL",is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO, <br /> hereinafter called the "OBLIGEE". DIVISION OF MINERALS & GEOLOGY <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 <br /> agreed is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in <br /> pursuance of which Requirement,this Bid Bond is made, executed and delivered. <br /> NOW,THEREFORE,the Principal and <br /> AMWEST SURETY INSURANCE COMPANY <br /> P.O. BOX 4500 <br /> WOODLAND HILLS, CA 91365-4500 <br /> a corporation of the State of NE duly authorized to transact business in Colorado, as Surety, are <br /> held and firmly bound unto the igee, In the sumo ive per cent %) of the Principal's total bid price, lawful money of the United <br /> 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 for thirty (30) <br /> days after the opening of the proposals for this 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 his 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 have executed this Bond, this 22 day of June <br /> A.D., 1999. <br /> (Corporate Seal) THE PRINCIPAL <br /> RAY WARD TRUCKING <br /> 30193 HIGHWAY 184, DOLORES, CO 81323 <br /> ATTEST: Address <br /> Secretary By <br /> & W-- <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"Principal" is an individual or a partnership,the Bid Bond shall so indicate and be properly signed. <br /> (Corporate Seal) THE SURETY <br /> AMWEST S,PFETY INSURANCE COMPANY <br /> By - <br /> Attorney-in-Fact — - - <br /> PATSY I. W ODS <br /> THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY,EFFECTIVELY DATED '- <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 NOW <br /> RESPONSIVE. <br /> 395-061-01-6146 <br />