Road Construction Northwest Inc 12/31/2019

I . I CITY OF EVERETT SPECIAL PROVISIONS IBID DEPOSIT Bidder herewith guarantees its Bid by depositing one of the following with its Proposal in an amount of five Ipercent(5%) or more of the Bidder's total Bid: ID Certified check ❑ Cashier's check I [I Bid Bond i Signature I BID BOND IBond No. Bid Project: WATERMAIN REPLACEMENT"U" IW.O. #: UP3698 I KNOW ALL MEN BY THESE PRESENTS, that Road Construction Northwest, Inc. [Contractor], a corporation organized under the laws of the State of WA ,and registered to do business in the I State of Washington as a contractor,as Principal, and Employers Mutual Casualty Company [Surety], a corporation organized under the laws of the State of Iowa and registered to transact business in I the State of Washington, as Surety, their heirs, executors, administrators, successors and assigns, are jointly and severally held and bound to the City of Everett,Washington, hereinafter called"City", and are similarly held and bound unto the City in the sum of I Five Percent(5%)of Bid Amount and -/100's Dollars($ 5%of Bid Amount), the payment of which,well and truly to be paid,we bind ourselves, our heirs, executors and successors, jointly and severally, formally by these presents. I NOW,THEREFORE, the condition of this obligation is such that the Surety is held and bound to the City to pay and forfeit to the City the amount of this bond as provided herein, upon the conditions contained herein, unless the conditions for release contained herein are satisfied or Iexpressly waived in a writing signed by the City Attorney. It is expressly understood and agreed that: I Watermain Replacement"U" Division P—PROPOSAL October 1,2019 WO No.—UP3698 SP—27 IIrovided to Builders Exchange of WA, Inc. For usage Conditions Agreement see www.bxwa.com - Always Verify Scal