Reece Construction Company 2/2/2022

004313 - 1 City of Everett 2022 Tulalip Water Pipeline Mortar Repair UT 3774 SECTION 00 4313 - BID SECURITY FORM BID SECURITY/DEPOSIT Bidder herewith guarantees its bid by depositing one of the following with its bid/proposal in an amount of five percent (5%) or more of the bidder's total bid/proposal: ' 0 Certified check 0 Cashier's check ' ® Bid Bond ---•,.. Signature i-Iocl 1? cJ e_) pies/am-4— BID BOND Bond No. Bid ' Project: 2022 Tulalip Water Pipeline Mortar Repair Project No. UT 3774 KNOW ALL MEN BY THESE PRESENTS, ' that Reece Construction Company [Contractor], a corporation organized under the laws of the State of Washington , and registered to do business in the State of Washington as a contractor, as Principal, and Fidelity and Deposit Company of Maryland [Surety], a corporation organized under the laws of the State of Illinois and registered to transact business in 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 Five Percent(5%) of Total Amount Bid and _/100's Dollars ($5%of Total Amount Bid), 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. 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 expressly waived in a writing signed by the City Attorney. 00 4313 - 1 BID SECURITY FORM