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State of Colorado <br />PROJECT: COAL BASIN /MINE 1 & 2 PROJECT NO. PKA -6 364 <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 <br />COLORADO, hereinafter called the "OBLIGEE ". <br />WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal <br />submit with the PROPOSAL a PROPOSAL GUARANTY in an amount not less than five per cent (5 %) of the Proposal, which <br />sum it is specifically agreed is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as <br />hereinafter specified, and, in 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 I OWA , 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 <br />money of the United States for the payment of which sum, well and truly to be made to the Obligee, we bind ourselves, our <br />heirs, executors, 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 <br />effect for thirty (30) days after the opening of the proposals for the project, or, if the Principal's Proposal is accepted, the <br />Principal shall, within the prescribed time, execute the required Agreement, furnish the required Performance Bond, Labor and <br />Material Payment Bond, Insurance Policy, and Certificates of Insurance, then this obligation shall be null and void, otherwise it <br />shall remain in full force and effect, and subject to forfeiture upon demand as Liquidated Damages. <br />IN WITNESS WHEREOF said Principal and Surety have executed this Bond, this <br />19 95 . <br />ATTEST: <br />‘64)»,a \ () <br />SIGNATURES: <br />(Corporate Seal) <br />Secr y <br />(Corporate Seal) <br />THE PRINCIPALS <br />BOGUE CONSTRUCTION, INC. <br />12TH day o OCTOBER , A.D., <br />P.O. BOX 618, BASALT, CO 81621 <br />Robin L. Bogue <br />Address <br />If the "Principal" is doing business as a Corporation, the Bid Bond shall be signed by an officer, i.., President or <br />Vice - President. The signature of the officer signing shall be attested to by the Secretar y and properl y sealed. <br />If the "Principal" is an individual or a partnership, the Bid Bond shall so indicate and be properl y signed. <br />THE SURETY <br />EMPLOYERS MUTUAL CAS TY COMPANY <br />J % Z71.? j l LG /c <br />Attorney -in -Fact <br />THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED SANDRA K. P I ERCE <br />State Form SC -6.14 <br />Issued 9/1/65 (Rev. 7/1/70) <br />395 -61 -01 -6146 <br />THE LINDEN COMPANY, GRAND JUNCTION, CO (303) 245 -8011 <br />Bid Bond <br />SG- 1942/EP 7/90 <br />PRINTED IN U.S.A <br />