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CITY OF EVERETT - PROPOSAL <br /> <br /> <br /> <br /> <br />Everett Mall Bus Platform PROPOSAL December 2024 <br />WO No – MALLSTN/24462 P-13 <br />BID DEPOSIT <br /> <br />Bidder herewith guarantees its Bid by depositing one of the following with its Proposal in an <br />amount of five percent (5%) or more of the Bidder’s total Bid: <br /> <br />… Certified check <br />… Cashier’s check <br />… Bid Bond <br /> <br /> _____________________________________ <br /> Signature <br /> <br /> <br /> <br /> <br />BID BOND <br />Bond No. ____________ <br />Project: Everett Mall Bus Platform <br />W.O. #: MALLSTN/24462 <br /> <br /> <br />KNOW ALL MEN BY THESE PRESENTS, <br />that __________________________________________ [Contractor], a <br />corporation organized under the laws of the State of ______________, and <br />registered to do business in the State of Washington as a contractor, as Principal, <br />and <br />_______________________________________________________[Surety], a <br />corporation organized under the laws of the State of ____________ and registered <br />to transact business in the State of Washington, as Surety, their heirs, executors, <br />administrators, successors and assigns, are jointly and severally held and bound <br />to the City of Everett, Washington, hereinafter called “City”, and are similarly held <br />and bound unto the City in the sum of ________________________ and __/100’s <br />Dollars ($_____________), the payment of which, well and truly to be paid, we <br />bind ourselves, our heirs, executors and successors, jointly and severally, formally <br />by these presents. <br /> <br />NOW, THEREFORE, the condition of this obligation is such that the Surety is held <br />and bound to the City to pay and forfeit to the City the amount of this bond as <br />provided herein, upon the conditions contained herein, unless the conditions for <br />release contained herein are satisfied or expressly waived in a writing signed by <br />the City Attorney. <br /> <br />It is expressly understood and agreed that: <br /> <br />1. Bidder and Surety, jointly and severally, bind themselves, their heirs, executors, <br />administrators, successors and assigns to pay to the City upon default of Bidder the penal <br />sum set forth on the face of this Bond.