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I <br /> CITY OF EVERETT SPECIAL PROVISIONS <br /> 13IC)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: 1 <br /> 0 Certified check <br /> ❑ Cashier's check <br /> IA Bid Bond <br /> sign , <br /> BID BOND <br /> Bond No. N/A M <br /> Project: Water Main Replacement"W" <br /> W.O.4: UP 3769 1 <br /> KNOW ALL MEN BY THESE PRESENTS, I <br /> that Quilceda Excavation, Inc. _ 'Contractor],a corporation <br /> organized under the laws of the State of WA , and registered to do business in the <br /> State of Washington as a contractor, as Principal, and <br /> Travelers Casualty and Surety Co any of America . [Surety], a corporation <br /> organized under the laws of the State of CT -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 NO r l 00's.Dollars ($ --5t-- ),the payment of <br /> which,vvell and tnily 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. 111 <br /> Jt is expressly understood and agreed that: <br /> Water Main Replacement "W" Division P—PROPOSAL April, 2022 <br /> WO No. -UP3766 SP—24 <br />