|
of c O aa
<br /> 1816
<br /> PROJECT: PROJECT NO. PKA-0-457
<br /> GEC (Maintenance) C-81-037
<br /> KNOW ALL MEN BY THESE PRESENTS:
<br /> WHEREAS, A& S Construction Co.
<br /> P.O. Box 566 Canon City, CO 81215
<br /> hereinafter called the"PRINCIPAL", is submitting a PROPOSAL for the above described project,to the STATE OF COLORADO, hereinafter
<br /> called the"OBLIGEE".
<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 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 made,executii d and delivered.
<br /> NOW,THEREFORE,the Principal and Reliance Insurance Company
<br /> 11 ,
<br /> Three Parkway, Philadelphia, PA 19102
<br /> a corporation of the State of Pennsylvania duly authorized to transact business in Colorado,as
<br /> Surety, are held and firmly bound unto the Obligee, in the sum of five per cent(5%)of the Principa I's.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 oblig Iltion 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 fo'r 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, Insurance
<br /> Policy, and Certificates of Insurance, then this obtigation 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 18th day of April A.D.,
<br /> (Coiporate Seal) THE PRINCIPAL
<br /> A& S Construction Co.
<br /> P.0 B x 566 Canon City, CO 81215
<br /> ATTEST: �& ^ Address
<br /> By /��/
<br /> Secretory
<br /> SIGNATURES: If the "Principal" is doing business as a Corporation, the Bid Bond shall be signed by an o"icer, i.e., President or
<br /> Vice-President. The signature of the officer signing sho!l be attested to by the Secretary and properly sealed.
<br /> If the"Principal"is an individual c r a partnership, the Bid Bond shall so indicate and be properly signed.
<br /> (Corporate Seal) THE SURETY
<br /> Reliance Insurance Company
<br /> By
<br /> A94 rney-in act Amy Augustyn
<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 NON-
<br /> RESPONSIVE.
<br /> 395-61-CH-6146
<br />
|