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of Coto STATE OF COLORADO <br />e?\9o OFFICE OF THE STATE ARCHITECT <br />F -; <br />**;N *° STATE BUILDINGS PROGRAMS <br />* 1876 * BID BOND <br />Institution/Agency: Division of Reclamation, Mining Safety <br />Project No./Name: PKA-9-1149/Enterprise Mine Reclamation Project - Fruita Mine Bond Revocation <br />KNOW ALL MEN BY THESE PRESENTS: <br />WHEREAS, K & P Property Designs hereinafter called the "PRINCIPAL", is submitting a <br />PROPOSAL for the above described project, to the STATE OF COLORADO, hereinafter 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 GUARANTY in an amount not less than five per cent (5%) of the Proposal, which sum it is specifically agreed is to be <br />forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in pursuance <br />of which Requirement, this Bid is made, executed and delivered. <br />NOW THEREFORE, the Principal and Washington International Insurance Company a corporation of the State of <br />New Hampshire , duly authorized to transact business in Colorado, as Surety, are held and firmly bound unto the <br />Obligee, in the sum of five per cent (5%) of the Principal's total bid price, lawful money of the United States for the payment of <br />which sum, well and truly to be made to the Obligee, we bind ourselves, our heirs, executors, administrators, successors and <br />assigns, jointly and severally, firmly by these presents. <br />FURTHER THAT, a condition of the obligation that the Principal shall maintain his Proposal in full force and effect for thirty (30) <br />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, <br />Insurance Policy, and Certificates of Insurance, then this obligation shall be null and void, otherwise it shall remain in full force and <br />effect, and subject to forfeiture upon demand as Liquidated Damages. <br />IN WITNESS WHEREOF said Principal and Surety have executed this Bond, this 27thday of January , A.D., 20 09 . <br />(Corporate Seal) <br />ATTEST <br />Secretary <br />Name (Print) <br />THE PRINCIPAL <br />K & P Property Designs <br />Company Name <br />236 South 3rd Street #219, Montrose, CO 81401 <br />Address (including city, state and zip) <br />Phon number: 970-249-2638 <br />SignatyrEta" i P/9/vKb t? V. <br />P.- <br />Name (Print) and Title <br />SIGNATURES If the "Principal" is doing business as a Corporation, the Bid Bond shall be signed by an officer, i.e., President <br />or Vice President. The signature of the officer shall 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 "'" "' `' " r.-•?,.. <br />`Washin to nternational Insurance om nt.p. 5k <br />e ? <br />a.c ?x e l By <br />v , <br />nk <br />Secretary Virgi a Korn bluth, rn c <br />r? k bt''aa9 A'1 ?.. <br />THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATA° ' .;a-x? <br />i,a <br />FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTED POV4k4r?s? " <br />ATTORNEY WILL RESULT IN THE BIDDER'S PROPOSAL BEING DEEMED NON-RESPONSIVE.'''"" ;•-,:;'"L <br />State Form SBP-6.14 <br />Rev. 9/2006