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Home My WebLink AboutCORRESPONDENCE - BID - 6090 THREE PHASE LARGE OUTDOOR 115KV POWER TRANSFORMERS (2)t0O90 REVISION H 3/5/2008 KNOW ALL MEN BY THESE PRESENTS, that we the undersigned Waukgsha Electric Systems. Inc. as Principal, and Liberty Mutual Insurance Company as Surety, a corporation authorized to do business in the State of Colorado are hereby held and firmly bound unto the City of Fort Collins Colorado as Owner, in the penal sum of Ten Percent (10%) of the Attached Bid for the payment of which, well and truly to be made we hereby jointly and severally bmd 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 City of Fort Collins Project WHEREAS the Owner as a condition for receiving said bad requires the Principal to deposit with the Owner a Bid Guaranty equal to ten percent (10%) of the amount of said bid NOW THEREFORE, (a) If said bid shall be rejected or in the alternate, (b) If said bid shall be accepted and the Principal shall execute and deliver a Construction Agreement (properly completed in accordance with said bid) and shall furnish a Performance and Payment Bond upon the forms prescribed by the Owner for the faithful performance of said Agreement 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 2 15 300 001 REVISION tl 3/5/2008 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 IN WITNESS WHEREOF the Principal and the Surety have hereunto set their hands and rd May, 2008 seals this 23 day of MXX and such of them as are corporations 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 PRINCIPAL. SURETY Nameof Nameof principal Waukesha Electric Systems, Inc Surety Liberty Mutual Insurance Company 400 South Prairie Avenue 175 Berkeley Street o- Address Waukesha, WI 53186 Address Boston, MA 02117 w a3 13y BY evl Li / Ur Attorney Title 1*tc2lPtrswer,+r in Fact Loretta Perett► r« ' (SEAL,) (SEAL) 2� 300-001 THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND 2147587 This Power of Attorney limits the acts of those named herein and they have no authority to bind the Company except In the manner and to the extent herein stated LIBERTY MUTUAL INSURANCE COMPANY BOSTON MASSACHUSETTS POWER OF ATTORNEY KNOW ALL PERSONS BY THESE PRESENTS That Liberty Mutual Insurance Company (the Company ) a Massachusetts stock insurance company pursuant to and by authority, of the By law and Authorization hereinafter set forth does hereby name constitute and appoint DREW BRACH, BRIAN COOK, LORETTA & PERETTI, JULIE DENMAN, ALL OF THE CITY OF GRAND RAPIDS, STATE OF MICHIGAN each individually if there be more than one named its true and lawful attomey in fact to make execute seal acknowledge and deliver for and on its behalf as surety and as its act and deed anv and all undertakings bonds recognizances and other sure obliggabons to the penal sum not exceeding THIRTY MILLION AND OQAGO"""""'«"" """"""""' DOLLARS $ 30,000,000 00"'""' ( )each and the execution of such undertakings bonds recognizances and other surety obligations in pursuance of these presents shall be as binding upon the Company as if they had been duly signed by the president and attested by the secretary of the Company in their own proper persons That this power is made and executed pursuant to and by authority of the following By law and Authorization ARTICLE XIII Execution of Contracts Section 5 Surety Bonds and Undertakings Any officer of the Company authorized for that purpose in writing by the chairman or the president and subject to such limitations as the chairman or the president may prescribe shall appoint such attomeys in fact as may be necessary to act in behalf of the Company to make execute seal acknowledge and deliver as surety any and all undertakings bonds recognizances and other surety obligations Such h attorneys in fact subject to the limitations set forth in their respective powers of attorney shall have full power to bind the Company by their 0 signature and execution of any such instruments and to attach thereto the seal of the Company When so executed such instruments shall be CL as binding as if signed by the president and attested by the secretary a C By the following instrument the chairman or the president has authorized the officer or other official named therein to appoint attorneys in fact a C Pursuant to Article XIII Section 5 of the By Laws Garnet W Elliott Assistant Secretary of Liberty Mutual Insurance Company is hereby authorized to appoint such attorneys in fact as may be necessary to act in behalf of the Company to make execute seal acknowledge and tb7 O deliver as surety any and all undertakings bonds recognizances and other surety obligations r Of w 0 That the By law and the Authorization set forth above are true copies thereof and are now in full force and effect j IN WITNESS WHEREOF this Power of Attorney has been subscribed by an authorized officer or official of the Company and the corporate seal of Z Liberty Mutual Insurance Company has been affixed thereto in Plymouth Meeting Pennsylvania this 29th day of May d 2007 _13 C ja C ` LIBERTY MUTUAL INSURANCE COMPANY if O- tiC ` COMMONWEALTH OF PENNSYLVANIA ss Garnet W Elliott Assistant Secretary .. COUNTY OF MONTGOMERY COn this 29th day of May 2007 before me a Notary Public personally came Garnet W. Elliott to me known and acknowledged that he is an Assistant Secretary of Liberty Mutual Insurance Company that he knows the seal of said corporation and that he executed the above E� r Power of Attorney and affixed the corporate seal of Liberty Mutual Insurance Company thereto with the authonty and at the direction of said corporation O to h� NOT IN TESTIMONY WH unto subscribed my name and affixed my notanal seal at Plymouth Meeting Pennsylvania on the day and year O first above written 4. .,toNW > ` �'�A Sp fg COMAdONw ALTHHOOFFFPPENN YLVANtA / OOF T4 P6MOANdaYPIH1Ac4�Z4:o fi PF,rIXraeTxt> AdWV_ayCar* YWWM*abnFA1MMer78,aX9 Ter astella Noary P CERTIFICATE `UT �.,0.�`G L°B""'°r P°^m*anle Auo ,mNWAO I the undersigned AssistanTS15cretary of Liberty Mutual Insurance Company do hereby certify that the original power of attorney of which the foregoing is a full true and correct copy is in full force and effect on the date of this certificate and I do further certify that the officer or official who executed the said power of attorney is an Assistant Secretary specially authorized by the chairman or the president to appoint attorneys in fact as provided in Article XIII Section 5 of the By laws of Liberty Mutual Insurance Company This cerbficate and the above power of attorney may be signed by facsimile or mechanically reproduced signatures under and by authority of the following vote of the board of directors of Liberty Mutual Insurance Company at a meeting duly called and held on the 12th day of March 1980 VOTED that the facsimile or mechanically reproduced signature of any assistant secretary of the company wherever appearing upon a certified copy of any power of attorney issued by the company in connection with surety bonds shall be valid and binding upon the company with the same force and effect as though manually affixed IN TESTIMONY WHEREOF I have hereunto subscribed my name and affixed the corporate seal of the said company this 23rd day of May ZnOg_ \, T By ! o Daviff M Carey Assigi tit Secretary Notary Acknowledgement of Surety State of Michigan County of Kent ss On May 23, 2008 before me a Notary Public in and for said County and State residing therein duly commissioned and sworn, personally appeared Loretta A Pereth known to me to be Attorney in -Fact of Liberty Mutual Insurance Company the corporation described in and that executed the withm and foregoing instrument and known to me to be the person who executed the said instrument in behalf of the said corporation and he duly acknowledged to me that such corporation executed the same IN WITNESS WHEREOF I have hereunto set my hand and affixed my offic seal, the day and stated in this certificate above My Commission Expires December 6 2010 I V e J Julie Denman Notary Public � Jr