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CITY OF EVERETT SPECIAL PROVISIONS ' <br /> BII) DEPOSIT ' <br /> Bidder herewith guarantees its Bid by depositing one of the following with its Proposal in an amount of live <br /> percent(5%) or more of the Bidder's total Bid: ' <br /> ❑ Certified check ' <br /> 0 Cashier's check <br /> ® Bid Bond ' <br /> Signature ' <br /> BID BOND <br /> Bond No. N/A <br /> Project: Watennain Replacement"V" <br /> W.O. #:UP3730 <br /> KNOW ALL MEN BY THESE PRESENTS, <br /> that Thomco Construction,Inc. [Contracctor],.a corporation <br /> organized under the laws of the State of Washington ,and registered to do business in the <br /> State of Washington:as a contractor,as Principal,and <br /> Travelers Casualty and Surety Company of America [Surety], a corporation <br /> organized under the laws of the State of Connecticut and registered to transact business in <br /> the State of Washington, as Surety,their heirs, executors, administrators, successors and <br /> assigns, are jointly and severally held and bound to the City of Everett,Washington, <br /> hereinafter called`.`City",and are similarly held and bound unto the City in the sum of <br /> Five Percent of Total Amount Bid and---L100's Dollars($ 5%;of bid ), the payment of <br /> which,well and truly to be paid,we bind ourselves,our heirs. executors and successors, <br /> jointly and severally, formally by these presents. ' <br /> NOW,THEREFORE.the condition of this obligation is such that the Surety is held and bound <br /> to the City to pay and forfeit to the City the amount of this bond as provided herein, upon the <br /> conditions contained herein, unless the conditions for release contained herein are satisfied or . <br /> expressly waived in a writing signed by the City Attorney. <br /> It is expressly understood and agreed that: ' <br /> Water Main Replacement"V" Division P—PROPOSAL April,2021 <br /> Work Order No.—UP3730 SP-24 <br />