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<br /> PROJECT: PROJECT NO. C-81037, PKA0457
<br /> GEC Maintenance Project
<br /> KNOW ALL MEN BY THESE PRESENTS:
<br /> WHEREAS, Tezak Heavy Equipment Co., Inc.
<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(S%)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,executed and delivered.
<br /> NOW,THEREFORE,the Principal and Reliance Insurance Company
<br /> a corporation of the Sate 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 Principal'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 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, Insurance
<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 /> 2000
<br /> IN, WITNESS WHEREOF said Principal and Surety have executed this Bond,this 18th day of Apnl A.D.,
<br /> (Corporate Seal) THE PRINCIPAL
<br /> Tezak Heavy Equipment Co., Inc.
<br /> 201 Tunnel Drive,Canon City, CO 81212
<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 on o`=icer, i.e., President or
<br /> Vice-President. The signature of the officer signing shall be attested to by the Secretary and prope-:y sealed.
<br /> If the"Principal"is on individual or a partnership,the Bid Bond sholl so indicate and be properly signed.
<br /> (Corporate Seal) THE SURETY
<br /> Rerolw,e Insjuran e o any
<br /> B
<br /> rn -in-Fact iLynn Guern
<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-fM-6146
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