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HomeMy WebLinkAboutCORRESPONDENCE - BID - 5913 BASKETBALL COURTS (2)Administrative Services Purchasing Division Citv of Fort Collins June 9, 2005 Technology Constructions, Inc. 5636 kendal Ct., Unit A Arvada, CO 80002 RE: 5913 Basketball Court At City Park Thank you for recently submitting a bid to the City of Fort Collins for 5913. Your firm was the low bidder and in accordance with contract specifications, your bid bond is being returned to you. We appreciate the time spent in preparing your bid response and we hope you continue your interest in City of Fort Collins' projects. If you should have any questions, please contact me. Sincerely, 050� s B. O'Neill II, CPPO, FNIGP Director of Purchasing and Risk Management Enclosures: Bid Bond JBO:AMM 215 North Mason Street • 2nd Floor • P.O. Box 580 • Fort Collins, CO 80522-0580 • (970) 221-6775 • FAX (970) 221-6707 SECTION 00410 BID BOND KNOW ALL MEN BY THESE PRESENTS: that we', the undersigned Tnrhnnnjt as Principal, and gmp�y rs mutual Catty Company as Suretyl, a e hereby held and firmly bound unto the City of Fort Collins, Colorado, as OWNER, in the sum of ** $__________5y______ for the payment of which, well and truly to be -made, we hereby jointly and severally bind ourselves, successors, and assigns. THE CONDITION of this obligation is such that whereas the Principal has submitted to the -:ity of Fora. Collins, Colorado the accompanying Bid and hereby made a part hereof tc eater into a onst_.ctioa Agreement for, the construction of Fort Collins Project, BASKETBALL COURT AT CITY PARK; BID NO. 5913. NOV THEREFORE, (a) If said Bid shall be rejected, or (b) If said Bid shall be accepted and the Principal shall execute and deliver a Contract -in the form of Contract attached hereto (properly completed in accordance with said Bid) and shall furnish a BOND for his faithful performance of said Contract, and for payment of all persons performing labor or furnishing materials in connection therewith, and shall in all other respects perform the Agreement created by the acceptance of said Bid, then this obligation shall be void; othe:.w- se the same shall remain in force and effect, it being expressly understood and agreed that the liability of the Surety for any and all claims hereunder shall, in no event, exceed the penal amount of this obligation as herein stated. The Surety, for value received, hereby stipulates and agrees that the obligations of said Surety and its BOND shal•1 be in no way impaired or affected by any extension of the time within which the OWNER may accept such &id; and said Surety does hereby waive notice of any such extension. Surety Companies executing bonds must be authorized to transact business in the State of Colorado and be accepted by the OWNER. *Constructors, Inc. **Five Percent of Total Amount Bid 7/96 Section 00410 Paae 2 its true and lawful adomey-in-fact, with full power and authority cqr similar nature as follows: PU pcnw, wdKU, consRNle. a no appoint: 1CCORMICK, DILYNN GUERN, PAMELA J. HANSEN, VY, INDIVIDUALITY, DENVER, COLORADO ......... d to sign, seal, and executa its lawful bonds, undertakings, and other obhgotary instruments of a Y AN[} ALL BONDS such instruments war& signed by the duly authorized officers of bath sudi Cvinpany, and all of y ratified and confirmed. or