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<br />of Coco STATE OF COLORADO <br />OFFICE OF THE STATE ARCHITECT <br />vi ? O <br />*». STATE BUILDINGS PROGRAMS <br />"1e76 « BID BOND <br />Institution/Agency: Department of Natural Resources - Colorado Division of Reclamation & Mining & Safety <br />Project No.Mame: PKA-9-1149 Fruita Mine Bond Revocation <br />KNOW ALL MEN BY THESE PRESENTS: <br />WHEREAS, Environmental Logistics of Colorado, Inc. 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 American Contractors Indemnity Company a corporation of the State of CA <br />, duty authorized to transact business in Colorado, as Surety, are held and firmly bound unto the Obligee, in the <br />sum of five per cent (50/6) of the Principars total bid price, lawful money of the United States for the payment of which sum, well and <br />truly to be made to the Obligee, we bind ourselves. our heirs, executors, administrators, successors and assigns. jointly and <br />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 />*11 <br />I f ,,r , aip Principal and Surety have executed this Bond, this _ <br />IN WITN!\d S <br />THE PRINCIPAL <br />EC?novironmenteal <br />_UJ <br />1Irmh 110 sitMh <br />ry •.,... ?a <br />S Phone <br />o,,Lull,, ` <br />Name (Print) = Signal <br />27th dayof January ,A.Dā€ž 2009 <br />Logistics of Colorado, Inc. <br />,Avenue, Denver, CO 80229 <br />?S"rlt the 'Principal' is doing business as a Corporation, the Bid Bond shall be signed by an officer, Le., President <br />Y 2 iv 4 or Vice President. The signature of the officer shall be attested to by the Secretary and properly sealed. <br />It the `Principal' is an individual or a partnership, the Bid Bond shall so indicate and be property signed. <br />S r O .4Corporate Seal) THE SURETY <br />z A erican Contr ctor Indemnity ompany <br />B&MD-LAAALL <br />..'sc3 ?eA <br />,M,,? ; yf,J=lke E. Eriksen ISusan J. Lattarulo tomeyin-Fact <br />THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED. <br />FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTED POWER OF <br />ATTORNEY WILL RESULT IN THE BIDDER'S PROPOSAL BEING DEEMED NON-RESPONSIVE. <br />State Form SSP-6.14 <br />Rev. =006