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HomeMy WebLinkAboutRESPONSE - BID - 7048 MASON BIKE PEDESTRIAN TRAIL (9)BID BOND KNOW ALL MEN BY THESE PRESENTS: that we, the undersigned TLM Constructors, Inc. as Principal, and*as Surety, are hereby held and firmly bound unto the City of Fort Collins, Colorado, as OWNER, in the sum of $ 5%** 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 Citv 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, 7048 Mason Bike/Pedestrian Trail - Spring Cree)r to Prospect Road. NOW 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; 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. *Employers Mutual Casualty Company_ **Five Percent of Amount Bid Rev 10/20/07 Section 00410 Page 2 IN WITNESS WHEREOF, the Principal and the Surety have hereunto set their hands and seals this 24th day of July , 20 09, 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 Name: TLM Constructors, Inc. Addres.3t1'015 37th Avenue Court, Suite 102 eelev, CO 80634 . Bye A'A�R•0 N IM 11 L S DENT PT;T Tr: By: JE MY W SS, ASSIST. SEC. (SEAL) SURETY Employers Mutual Casualty Company P.O. Box 712 Des Moines, IA 50303 By: . Title. Tiff o 'gle, Attorne - n-Fact Rev10/20/07 Section 00410 Page 3 IN WITNESS WHEREOF, the Principal and the Surety have hereunto set their hands and seals this 24th day of JUIV , 20 09, 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 Name: TLM Constructors, Inc. Address -'1015 37th Avenue Court, Suite 102 N �N reeley, CO 80634 A- X, - Y � wL' y; A9 I : L L S s Ti'f4 1r 'PAT T: T: i By: JE MY W ISS, ASSIST. SEC. (SEAL) SURETY Employers Mutual Casualty Company P.O. Box 712 Des Moines, IA 50303 By: Title le (SEAL) Rev 10/20/07 Section 00410 Page 3 No Text