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� 1,y Mateo (fo1,Nado Bond No.TD-01186
<br /> 1876 1 id Aond
<br /> PROJECT:COAL BASIN ROAD RECLAMATION & GRADING PROJECT NO.PKA-6-376
<br /> 5% of the amount bid not to exceed ELEVEN THOUSAND TWO HUNDRED FIFTY AND 00/100
<br /> KNOW ALL MEN BY THESE PRESENTS:
<br /> WHEREAS, RAY WARD TRUCKING
<br /> 30193 HIGHWAY 184 DOLORES,81323
<br /> hereinafter called the "PRINCIPAL",is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO,
<br /> hereinafter called the "OBLIGEE". DIVISION OF MINERALS AND GEOLOGY
<br /> WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with the
<br /> PROPOSAL a PROPOSAL GUARANTY in an amount not less than five per cent (5%) 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 obligation as hereinafter specified, and, in
<br /> pursuance of which Requirement,this Bid Bond is made, executed and delivered.
<br /> NOW,THEREFORE,the Principal and
<br /> RELIANCE NATIONAL INDEMNITY COMPANY
<br /> 4 PENN CENTER PLAZA
<br /> PHILADELPHIA,PA 19103
<br /> a corporation of the State of WI duly authorized to transact business in Colorado, as Surety, are
<br /> held and firmly bound unto the igee, m e sumo rve per cen %) 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 this obligation is such that the principal shall maintain his Proposal in full force for thirty (30)
<br /> days after the opening of the proposals for this 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, Insurance
<br /> Policy, and Certificates of Insurance, then his 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 /> IN WITNESS WHEREOF said Principal and Surety have executed this Bond, this 02 day of July
<br /> A.D., 1996.
<br /> (Corporate Seal) THE PRINCIPAL
<br /> RAY WARD TRUCKING
<br /> 30193 HIGHWAY 184 DOLORES,CO 81323
<br /> Address
<br /> ATTEST:
<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
<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 ' to and be properly signed.
<br /> (Corporate Seal) THE SURETY
<br /> RELIANC NATION NDEMNITY COMPANY
<br /> By
<br /> Attorney-in-Fact
<br /> TERRENCE E. DREILING
<br /> THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED
<br /> State Form 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 /> 395-061-01-6146
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