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_GENERAL DOCUMENTS - C1981017 (258)
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_GENERAL DOCUMENTS - C1981017 (258)
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Last modified
11/2/2020 11:00:46 AM
Creation date
6/21/2012 1:57:32 PM
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DRMS Permit Index
Permit No
C1981017
IBM Index Class Name
GENERAL DOCUMENTS
Doc Name
Bid Documents (IMP) Stabilization CBNP
Permit Index Doc Type
General Correspondence
Media Type
D
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No
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of•CC)w <br /> o <br /> 1876 STATE OF COLORADO <br /> Bid Bond <br /> PROJECT NO. <br /> PROJECT: <br /> KNOW ALL MEN BY THESE PRESENTS: <br /> WHEREAS, hereinafter called the"PRINCIPAL",is <br /> submitting a 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 obgligation as hereinafter specified,and,in <br /> pursuance of which Requirement,this Bid is made,executed and delivered. <br /> NOW THEREFORE,the principal and <br /> a corporation of the State of duly authorized to transact business in Colorado,as Surety,are <br /> 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 United <br /> 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 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,fumish 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 day of A.D.,20_ <br /> (Corporate Seat) THE PRINCIPAL <br /> ATTEST: Address <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 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 <br /> By <br /> Secretary Attomey-in-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 SC-6.14 <br /> Issued 9/1/.65(Rev.2/2000) <br /> 395-61-01-6146 <br />
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