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#953279
<br />PROJECT-AMERICAN SHIELD BOND FORFEITURE RECLAMATION PROJECT NO. PKQ-0-455
<br />PROJECT
<br />5% of the amount bid not to exceed ONE THOUSAND SEVENTY FIVE AND NO1100 ($1,075.00)
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />WHEREAS, DIRT-N-IRON, INC.
<br />1675 17 RD.
<br />LOMA, CO 81524-9436
<br />hereinafter tolled the "PRINCIPAL, is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO, hereinafter
<br />tolled the "OBLIGEE-.
<br />WHEREAS, the Advertisement for Bids has required as a conditicn 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 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 trade, executed and delivered.
<br />NOW, THEREFORE, the Principal and
<br />AMWEST SURETY INSURANCE COMPANY
<br />5230 LAS VIRGENES ROAD
<br />CALABASAS, CA 91302
<br />a corporation of the State of NEBRASKA duly authorized to transact business in Colorado, os
<br />Surety, ore held and firmly bound unto the Obligee, in the sum of five per cent (5%) of the Principals 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 />(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, 1rwronce
<br />Policy, and Certificates of insurance, then this obligation shall be null and void, otherwise it shall remain in full force end eifect. and
<br />sublect to forfeiture upon demand as Liquidated Damages.
<br />IN WITNESS WHEREOF said Prinapaf and Surety have executed this Bond, this 2ND day of MARCH A.D.,
<br />xw..2o00
<br />(Corporate Seal) THE PRINCIPAL
<br />7 DIRT-N-IRON. INC.
<br />1675 17 RD., LOMA, CO 81524-9436
<br />AITEST:.? % Addre
<br />- r? ??
<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 "Prirk,vol- is an individual or a partnership, the Bid Bone: _-!ic d so indicate and be properly signed.
<br />-? ' (Corporate Seal) THE SURETY
<br />AMWEST ETY URA ANY
<br />By
<br />o ey-in-Fact
<br />WILSON W. COLEMAN
<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 />395-61-01-6146
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