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CITY OF EVERETT SPECIAL PROVISIONS <br /> BID DEPOSIT <br /> Bidder herewith guarantees its Bid by depositing one of the following with its Proposal in an amount of five <br /> percent(5%) or more of the Bidder's total Bid: <br /> ❑ Certified check <br /> ❑ Cashier's check <br /> ® Bid Bond <br /> Signature <br /> BID BOND <br /> Bond No. BID BOND <br /> Project: Shore Avenue Force Main <br /> W.O. #: UP3734 <br /> KNOW ALL MEN BY THESE PRESENTS, <br /> that Redtail,LLC [Contractor], 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 /> Merchants Bonding Company(MUTUAL) [Surety], a corporation <br /> organized under the laws of the State of Iowa 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(5%)of the Total Amount Bid and /I 00's Dollars (S ----5%---- ), 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 hound <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 /> Shore Avenue Force Main Division P—PROPOSAL February 24,2022 <br /> Work Order No.—UP3734 SP—11 <br /> ,vided to Builders Exchange of WA, Inc. For usage Conditions Agreement see www.bxwa.com - Always Verify Scal <br />