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Stwte of Colorado
<br /> Bid Bond
<br /> PROJECT: Coal Basin Mine/Facilities Area Reclamation PROJECT NO.PKA-0-449
<br /> KNOW ALL BY THESE PRESENTS:
<br /> WHEREAS, Bogue Construction, Inc.
<br /> hereinafter called the "PRINCIPAL", is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO,
<br /> 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 a PROPOSAL GUARANTY in an amount not less than five per cent (5°/") of the Proposal, which sum it is specifically
<br /> agreed is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and,in
<br /> pursuance of which Requirement,this Bid Bond is made,executed and delivered.
<br /> NOW,THEREFORE,the Principal and Employers Mutual Casualty Company
<br /> P.O. Box 441098, Aurora, CO 80044
<br /> a corporation of the State of Iowa ,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
<br /> thirty (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 /> IN WITNESS WHEREOF said Principal and Surety have executed this Bond,this 28th day of July ,
<br /> A.D., 1999
<br /> (Corporate Seal) THE PRINCIPAL
<br /> Bogue Construction, Inc.
<br /> P.O. Box 400, Fruita, CO 81521
<br /> ATTEST: Addr
<br /> By
<br /> Secretary
<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 signing 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 /> THE SURETY
<br /> (Corporate Seal)
<br /> EmplQyals M ual Ca alt om an
<br /> C:�>4and'MaK. i rce Attorney-in-Fact
<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 POWER OF
<br /> ATTORNEY WILL RESULT IN THE BIDDERS PROPOSAL BEING DEEMED NON-RESPONSIVE.
<br /> 395-61-01-6146 S-1942/GEEF 2/98
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