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PROJECT NO. <br /> PROJECT: <br /> KNOW ALL MEN BY THESE PRESENTS: <br /> WHEREAS, <br /> hereinafter called the "PRINCIPAL", is submiting a PROPOSAL for the above described project, to the STATE OF COLORADO. <br /> hereinafter tailed the "OBLIGEE". <br /> WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the <br /> Principal <br /> submit <br /> with <br /> the PROPOSAL a PROPOSAL GUARANTY in an amount not less than five per cent (S`/,) of•the Proposal, <br /> agreed is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligations as hereinafter specified, <br /> and. in pursuance of which Requirement, this Bid Bond is made. executed and delivered. <br /> NOW. THEREFORE, the Principal and <br /> duly authorized to transact business in Colorado, as <br /> e corporation of The State of <br /> Surety,are held and firmly bound into the Obligee, in the sum of five per cent (S%) of the Principal's total bid price, lawful money of <br /> the United States for the payment of which sum,well and truly to be made to the Obligee, we bind ourselves, our heirs, executors, ad- <br /> ministrators. 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 <br /> for thirty (30) days after the opening of the proposals for the project, or, if the Principal's Proposal is accepted. the Principal shall. <br /> ial Payment <br /> within the prescribed time, execute the required Agreement. <br /> thiiuob{ihation shall the 16e nul and void.otherwise itred Performance Bond. rshall remain and rjn full force <br /> Bond. Insurance Polity. and Certificates of Insurance, 9 <br /> and effect. and subject to forfeiture upon demand as Liquidated Damages. <br /> IN WITNESS WHERE day <br /> said Principal and Surety have executed this Bond.this Y of .A.D.,- <br /> O00 <br /> (Corporate Seal) THE PRINCIPAL <br /> Address <br /> ATTEST: <br /> By <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- <br /> President. The signature of the officer signing shell 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 /> By <br /> Attorney-in-Fact <br /> THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY. EFFECTIVELY DATED <br /> State Form SC-6.16 <br /> Issued 9/1/65 (Rev.7/1/70) <br />