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HomeMy WebLinkAboutCORRESPONDENCE - BID - 5913 BASKETBALL COURTS (3)Administrative Services Purchasing Division City of Fort Collins June 9, 2005 G. L. Hoff Company 1815 W. 12" St. Loveland, CO 80537 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 not 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, Pe B.ONeillIICPPO, FNIGP tor 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 ■ D 0 SECTION 00410 BID BOND KNOW ALL MEN BY THESE PRESENTS: that we, the undersigned G. L. Ho as Principal, and Westchester Fire Insurance Company as Surety,— are hereby held and firmly bound unto the City of Fort Collins, Colorado, as OWNER, in the sum of $5% of total bid 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 City of Fort Collins, Colorado the accompanying Bid and hereby made a part hereof to enter into a Construction Agreement for the construction of Fort Collins Project, BASKETBALL COURT AT CITY PARK; BID NO. 5913. NOW THEREFORE, (a) i£ 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; otherwise 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 shall be in no way impaired or affected by any extension of the time within which the OWNER may accept such Bid; 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. f/96 Section 00410 Page 2 0 IN WITNESS WHEREOF, the Principal. and the Surety have hereunto set their hands and seals this 26th day of April , 20 05 and such of them as are corporation,, have caused their corporate seals to be hereto affixed and these presents to be signed by their proper officers, the day and year first set forth above. 1RINCIPAL SURETY Name:--G. L. Hoff Company Westchester Fire Insurance Company Address: 1815 W. 12th St. Philadelphia, PA 19103 a O Loveland .CO 80537 By'121 _ - - By: _ c Title: _ Title:_-- Attorney -in -Fact Section 00410 Page 3 No Text