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an ' <br /> St4F & <br /> PROJECT: PROJECT NO. <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 "08LIGEF". <br /> WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with <br /> the PROPOSAL a PROPOSAL GUARANTY in an amount not less than five per cent (5`/a) of the Proposal..+hich sum it is specifically <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 /> a corporation of the State of duly authorized to transact business in Colorado, as <br /> Surety,are held and firmly bound into the ObGgae. in the sum of five per cent (S%) of the Principals total bid price.lawful money of <br /> the United States for the payment of which sure,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 theca presents. <br /> FURTHER THAT, a condition of this obligation is such that the Principal shall maintain his Proposal in Evil force and eifact <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 /> within the prescribed time, execute the required Agreement, furnish the required Performance Bond. Labor and Material Payment <br /> Bond. Insurance Policy, and Certificates of Insurance. then this'obligation shall be null and void.otherwise it shall remain jn full force <br /> and effect, and subject to forfeiture upon demand as Liquidated Damages. <br /> IN WITNESS WHEREOF said Principal and Surety hove executed this Bond.this day of-.A.D_ <br /> 000 <br /> (Corporate Seal) THE PRINCIPAL <br /> ATTEST: Address <br /> By <br /> Secretary <br /> SIGNATURES: If the"Principal"is doing business as a Corporation, the Bid Bond shell be signed by an officer.;.e_ Presiden`or Vice. <br /> President. The signature of the officer signing shall be attested to by the Secretary and properly sealed. <br /> If the"Principel'is an individual or a partnership,the Bid Bond shall so indicate and be properly signed. <br /> (Corporate Seal) THE SURETY <br /> 8y <br /> Attorney-in-Fact <br /> THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY.EFFECTIVELY DATED <br /> Stale form SC-6.14 <br /> Issued 9/1/63 iRev.7/%/701 <br />