2009-01-27_GENERAL DOCUMENTS - C1981015 (2)

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01-27-'09 12:18 FROM- T-023 P0004I000b r-0'0 OfCO STA'I'R OF COLORADO OFFICE OF THE STATE ARCHITECT ' STATE BUILDINGS PROGRAMS a' s BID BOND Institution/Agency: Department of Natural Resources - Colorado Division of Reclamation & Mining & Safety Project No./Name: PKA-9-1149 Fruita Mine Band Revocation KNOW ALL MEN BY THESE PRESENTS: WHEREAS, Environmental Logistics of Colorado, Inc. hereinafter called the 'PRINCIPAL", Is submitting a PROPOSAL for the above described project. to the STATE OF COLORADO. hereinafter called the "OSLIGEE". WHERM. the Advertisement tot Bids has required as a condition of recetvtng the Proposals that the Principal submit with the PROPOSAL GUARANTY In an amount not less than five per cent (5%) of the Praposaf, which sum it Is specifically agmed is to be forfelted as t.tquidated Damages In the event that the Principal defauils in his obligation as hereinafter specified, and. In pursuance of which Requirement, this Sid Is made. executed and delivered, NOW THEREFORE, the Principal and American Contractors Indemnity Company acorporation of the State of CA duty authorized to transact business In Colorado: as Surely, are held and 8m9iy bound unto the Obiigee, in the stem of five per cent (5%) of the PdriciparS total bid price, lawful money of the United States for the payment of which sum, wall and truly to be made to the Obligee, we bind ourselves. out heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. FURTHER THAT, a condition of the obligation that the Principal shall maintain his Proposal In full force and efleot for thirty (30) days after the opening of the proposals for the project, or. It the Principal's Proposal is accepted, the Principal shall. within the prescribed time. execute the required Agreement, fumish the required Performance Band, Labor and Matedaf Payment Bond, Insurance Policy, and Certificates of Insurance. then this obligation shall be null and vold, otherwise it shall remain In full force and effect, and subject to forfeiture upon demand as Uqutdated Damages. IN WITN 4Q4Fhkg0_4&0.PrlnclAal and Surety have executed this Bond, this 27th day of January ,AD,, 2005 rya W ob ?? 0•a#,'?Ja'38? 'rHF? PRINCIPAL ?nvlronmental Logistics of Colorado, Inc. g 1' stfuAu?Ave_snaute, Denver, CO 80229 ? -._,...Add( s 'ndud e '3?t -Z75??d Ipf Se tart' "u,*e ?Z- Phon n bar, 6 ,ODIyO_ SIGNATURES If the "Principal" is doing business as a Corporation, the Bid Bond shall be signed by an officer, i.e., President or Vice President The signature of the officer shall be attested to by the SecrelElry and properly sealed. if the "Principal" is an Individual or a partnership. the Bid Bond shall so indicate and be properly signed. (Corporate Seal) EI a E. Eriksen I Hess THE SURETY A erican Contr ctor Indemnity ompany ?&?Fn By Susan J. Lattarulo tomey in?FeCt THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED. FAILURE TO PROVIDE A PROPERLY EXECUTED BID BONb WITH A PROPERLY EXECUTED POWER OF ATTORNEY WILL RESULT IN THE BIDDER'S PROPOSAL BEING DEEMED NON-RESPONSIVE. State Farm SOP•6.14 Rev. %2006