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F-co <br /> T <br /> # 1 a <br /> 8 2 <br /> PROJECT: Coal Basin Mine 4 Revegetation Project PROJECT NO. PRA-8-4-00 <br /> Pitkin County, Colorado <br /> KNOW ALL MEN BY THESE PRESENTS: <br /> WHEREAS, WESTERN STATES RECLAMATION, INC. <br /> 11730 Wadsworth Boulevard, Broomfield, Colorado 80020 <br /> hereinafter called the"PRINCIPAL', is submitting a PROPOSAL for the above described project,to the STATE OF COLORADO, hereinafter <br /> called the"OBLIGEE". <br /> WHEREAS, the Advertisement for Bids has r uired as a condition of receiving the Proposals that the Principal submit with the <br /> PROPOSAL a PROPOSAL GUARANTY in on amount no less than f ive per cent(5%)of the Proposal,which sum it is specifically agreed is to <br /> be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in pursuance of <br /> which Requirement,this Bid Bond is made,executed and delivered. <br /> NOW,THEREFORE,the Principal and UN11TED PACIFIC INSURANCE COMPANY <br /> Philadelphia, Pennsylvania <br /> a corporation of the State of Pennsylvania ,duly authorized to transact business in Colorado,as <br /> Surety, are held and firmly bound unto the Obligee, i i 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 :nd truly to be made to the Obligee, we bind ourselves, our heirs, executors, <br /> administrators, successors and assigns,jointly and sevitrally,firmly by these presents. <br /> FURTHER THAT,a condition of this obligation lis such that the Principal shall maintain his Proposal in full force and effect for thirty <br /> (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 23rd day of July ,A.D., <br /> 19 97 <br /> (Corporate Seel) THE PRINCIPAL <br /> WESTERN STATES RECLAMATION, INC. <br /> 11730 Wadsworth Boulevard, Broomfield, CO 80020 <br /> ATTEST: ' � AddressBY BY: By <br /> �Z <br /> SecretaryElizabeth A. Chenoweth David R. Chenoweth, President <br /> SI ATURE . If the "Principal" is doing business �s a Corporation, the Bid Bond shall be signed by an officer, i.e., President or <br /> Vice-President. The signature of the officer signing shall be attested to by the Secretary and properly sealed. <br /> If the"Principal"is on individual or a partnership,the Bid Bond shall so indicate and be pro fly signed. <br /> (Corporate Seal) THE SURETY <br /> UNITED PACIFIC IN CE COMPANY <br /> Y. <br /> Att ney-in-Fact Celeste Moore <br /> THIS BOND MUST BE ACCOMPANIED BY POWERIOF ATTOR Y, EFFE IVELY DATED <br /> State Form SC-6- to <br /> Issued 9/1/65 (Rev. 7/1/89) <br /> FAILURE TO PROVIDE A PROPERLY BID BOND WITH A PROPERLY EXECUTED <br /> POWER OF ATTORNEY WILL RESUL�XECUTED <br /> IN THE BIDDERS PROPOSAL BEING DEEMED NON- _ <br /> RESPONSIVE. <br /> 395-61-01-6146 <br />