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of Co
<br /> sea&
<br /> * 1876 �Gca! vowle
<br /> #957640
<br /> PROJECT: Coal Basin Mine/Flume Area Reclamation PROJECT NO. PKA-2-487
<br /> 5% of the amount bid not to exceed Five thousand dollars & no/100--------
<br /> KNOW ALL MEN BY THESE PRESENTS:
<br /> WHEREAS, Gary Rinderle Construction, Inc.
<br /> P.O. Box 1380 Clifton CO 81520
<br /> hereinafter called the"PRINCIPAL', is submitting a PROPOSAC'for the above described project, to the STATE OF COLORADO, hereinafter
<br /> called the"OBLIGEE"
<br /> .:IEREAS, the Ad•.ertisement for Bids has requ:red c. a condition of receiving the Proposals !hat the Principal Submit •..,Irh the
<br /> PROPOSAL a PROPOSAL GUARANTY in an amount not less than five 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
<br /> Westchester Fire Insurance Company
<br /> Atlanta, Georgia
<br /> o corporation of the Stole of Colorado 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 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, 'nsuronce
<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 /> jpqx
<br /> 2IN 001 WITNESS W Principal and Surety have executed this Bond, this 5 th day of `Tune A.D.,
<br /> :7�1
<br /> (Cqr, fe Seal) THE PRINCIPAL
<br /> Gary Rinderle Construction, Inc.
<br /> P.O. Box 1380 Clifton CO 81520
<br /> ATTEST. A r
<br /> ecret
<br /> SIGNATURES: If the "Principal" is doing business as 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 an individual or a partnership, the Bid Bond shall so indicate and be prope signed.
<br /> (Corporate Seal) THE SURETY
<br /> t
<br /> Westche ter F}re I ur nce Co2fipany
<br /> I Zl
<br /> By
<br /> Rodney 6: Power Ao°�ey-in-Fac
<br /> THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED
<br /> State Farm 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 /
<br /> POWER OF ATTORNEY WILL RESULT IN THE BIDDERS PROPOSAL BEING DEEMED NOW
<br /> RESPONSIVE.
<br /> 39S-61-01-M46
<br />
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