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HomeMy WebLinkAboutCORRESPONDENCE - BID - 7076 POUDRE TRAIL REHABILITATION JUNCTION AND ELS (5)City of F6rt Collins October 7, 2009 Mountain Constructors, Inc. 622 Main St Platteville, CO 80651 RE: 7076 Poudre Trail Rehabilitation- Junction and ELS Financial Services Purchasing Division 215 North Mason Street 2nd Floor PO Box 580 Fort Collins, CO 80522 970.221.6775 970.221.6707 - fax fcgov.com/Purchasing Thank you for recently submitting a bid to the City of Fort Collins for 7076 Poudre Trail Rehabilitation- Junction and ELS. 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, a es B. O'Neill Il, CPPO, FNIGP ector of Purchasing and Risk Management Enclosures: Bid Bond JBO:cj 00410 BID BONO KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned Mountain Constructors, Inc. as Principal, and Granite Re, Inc. as Surety, are hereby held and firmly bound unto the City of Fort Collins, Colorado, as Owner, in the penal sum of Five Percentof Amount Bid ($ 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 City of Fort Collins, Colorado the accompanying bid and hereby made a part hereof to enter into a Contract Agreement for the construction of City of Fort Collins Project, PoudreTrailRehabilitation- JunctionandELSas per Bid No. 7076 WHEREAS, the Owner, as a condition for receiving said bid, requires the Principal to deposit with the Owner a Bid Guaranty equal to five percent (5%) 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 Contract 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 liabi- lity of the Surety for any and all claims hereunder shall, in no event, exceed the penal amount of this obligation as herein stated. 00410 continued 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 seals this 6th day of October 2009 , 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. PRIG Name Mountain Constructors, Inc. 622 Main St e Address: PlattevillefC By By: �iar,ne�o.•_r�c�p��,,�j� Title: ,r _,. (SEAL) SURETY Granite Re, Inc. 14001 Quailbrook Drive Oklahoma City, OK 73134 Vera T. Kalba Attorney-ira„Fact (SEAL.) NOTE: Surety Companies executing bonds must be authorized to transact business in the State of Colorado and be acceptable to the Owner. MEMBER �— MOODY INSURANCE AGENCY, INC. 3773 CHERRY CREEK NORTH DRIVE, SUITE 800 ®- DENVER, COLORADO 80209-3804 .� PHONE: (303) 824-6600 No Text