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State of ,Colorado <br /> r Bid Bond <br /> PROJECT: COAL BASIN/ROAD RECLAMATION PROJECT NO. PKA-5-3-75 <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 0 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 2ND day of JULY A.D., <br /> 19 96 <br /> (Corporate Seal) THE PRINCIPALS <br /> BOGUE CONSTRUCTION, INC . <br /> P. O. BOX 400, FRUITA, CO 81521 <br /> ATTEST: � ress <br /> &A- t <br /> By ' <br /> Secretary <br /> SIGNATURES: If the "Principal" is doing business as a Corporation, the Bid Bond shall be signed by an icer, i.e., President or <br /> Vice-President.The signature of the officer signing shall be attested to b y 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 /> (Corporate Seal) EMPLOYERS MUTUAL CASUAjjLrT�Y COMPANY <br /> Forney-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) SG-1942/EP 7/90 <br /> 395-61-01-6146 THE LINDEN COMPANY, GRAND JUNCTION, CO (970) 245-801 1 PRINTED IN U.S.A. <br />