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e O <br /> ee <br /> arras <br /> PROJECT: <br /> PROJECT NO. <br /> KNOW ALL MEN BY THESE PRESENTS: <br /> WHEREAS. <br /> hereinafter called the "PRINCIPAL is submifing a PROPOSAL for the above described project, to the STATE OF COLORADO. <br /> hereinafter coiled the "OBLIGEE <br /> WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with <br /> the PROPOSAL a PROPOSAL GUARANTY in an amount not less than five per cent (5`/e) 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 obligations as hereinafter specified, <br /> and, in pursuance of which Requirement, this Bid Bond 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 <br /> Surety,are held and firmly bound into the Obligee, in the sum of five per cent (5%) of the Principal's total bid price, lawful money of <br /> the United States for file payment of which sum.well and truly to be made to the Obligee, we bind ourselves, our heirs, executors, ad• <br /> ministretors. successors and assigns, jointly and severally, firmly by these presents. <br /> FURTHER THAT, a condition of this obligation is such that the Principal shell maintain his Proposal in full force and effect <br /> for thirty (30) days after the opening of the proposals for the project, or, if the Principal's Proposal is accepted, the Principal shall, <br /> within the prescribed time. execute the required Aorcement, furnish the required Performance Bond. Labor and Material Payment <br /> Bond. Insurance Policy, and Certificetes of Insurance. then this'obligation shall be null and void, otherwise it shall remain full force <br /> and effect, and subject to forfeiture upon demand as Liquidated Damages. 1 <br /> IN WITNESS WHEREOF said Principal and Surety he"executed this Bond,this day of A.D. <br /> (Corporate Seel) 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 or Vice- <br /> 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 /> (Corporate Seal) THE SURETY <br /> By <br /> Attorney-in-Fact <br /> THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY.EFFECTIVELY DATED <br /> State Forth SG-6.14 <br /> Issued 9/1/65 (Rev. 7/1/701 <br />