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joss • BOND #953290
<br /> PROJECT. RELOCATION OF ROAD PROJECT NO. PKA-0-457
<br /> 5% of the amount bid not to exceed THREE THOUSAND FOUR HUNDRED FIFTY AND NO/100
<br /> KNOW ALL MEN BY THESE PRESENTS: ($3450.00)
<br /> WHEREAS, DIRT—N—IRON, INC.
<br /> 1675 17 RD.
<br /> LOMA, CO 81524-9436
<br /> hereinafter called the"PRINCIPAL",is submitting a PROPOSAL for the above described project,to the STATE OF COLORADO.hereinafter
<br /> tolled the"OBLIGEE".
<br /> WHEREAS, ;he Advertisement for Bids has required cz a condition of receiving the Proposals!hot 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 obliganon as hereinafter specified,and,in pursuance of
<br /> which Requirement,this Bid Bond is mode,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 iron sect business in Colorado.as
<br /> Surety, are held and firmly bound unto the Obligee,in the sum of five per cent(5%)of the Principal's total bid price,lawful money of the
<br /> United States for the payment of which sum, well and truly to be mode to the Obligee, we bind ourselves, our heirs, executors,
<br /> administrators,successors and assigns,jointly and severolly,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, suronce
<br /> Policy, and Certificates of Insurance, then this 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 /> ,0ti;� -
<br /> 1\ Q - �YN'WfTNESS WHEREOF said Principal and Surety hove executed this Bond.this 1 RTH day of APR TT A.D..
<br /> L`.00�
<br /> �� (Corporate Seal) THE PRINCIPAL
<br /> Y DIRT—N—IRON. INC
<br /> 1675 17 RD. , LOMA CO 81 —
<br /> ^<= Address
<br /> ^lam "`-- 1 BY-�!•�•C�'e ` �'�,��,
<br /> Ir Secretary
<br /> SIGNATURES: It 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 Secretory and properly sealed.
<br /> If the"Princuyaf"is an individual or a partnership,the Bid Bowd:bcxt so indicate and be properly signed.
<br /> ,to
<br /> (Corporate Seal) THE SURETY
<br /> AMW T 4URETY INSURANC COMPANY
<br /> +� By
<br /> Attorney-in-Foci
<br /> WILSON W. COLEMAN
<br /> THIS•BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY,EFFECTIVELY DATED
<br /> --State Form SC-6. 14
<br /> Issued 9/1/651Rev.7/1/891
<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-Q1-b1lb
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