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, <br /> ICity of Everett 00 4313 -1 <br /> ISECTION 004313 - BID SECURITY FORM <br /> IBID SECURITY/DEPOSIT <br /> I Bidder herewith guarantees its bid by depositing one of the following with its <br /> bid/proposal in an amount of five percent (5%) or more of the bidder's total bid/proposal: <br /> ID Certified check <br /> ❑ Cashier's check <br /> 1ZI Bid Bond <br /> ISignature <br /> I <br /> I <br /> IBID BOND <br /> Bond No. Bid <br /> IProject: Silver Lake Trail <br /> IProject No. 2022 -075 <br /> IKNOW ALL MEN BY THESE PRESENTS, <br /> that Tastad Construction,Inc. [Contractor],a corporation <br /> I organized under the laws of the State of Washington ,and registered to do business in <br /> the State of Washington as a contractor,as Principal,and <br /> Old Republic Surety Company [Surety],a corporation <br /> organized under the laws of the State of Wisconsin and registered to transact business in <br /> I 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 Bid Amount andNo/100's Dollars(S 5%of Bid Amount ),the payment of which, <br /> well and truly to be paid,we bind ourselves,our heirs,executors and successors,jointly and <br /> I <br /> severally,formally by these presents. <br /> I NOW,THEREFORE,the condition of this obligation is such that the Surety is held and <br /> bound to the City to pay and forfeit to the City the amount of this bond as provided herein, <br /> 00 4313 - 1 BID SECURITY FORM <br /> IIProvided to Builders Exchange of WA, inc. For usage Conditions Agreement see www.bxwa.com - Always Verify Seal <br />