Faber Construction Corporation 4/23/2025

CITY OF EVERETT SPECIAL PROVISIONS LS 47 – Beverly Lake Sewer Replacement Project Division P PROPOSAL January 30, 2025 Work Order UT 3529 SP – 11 BID DEPOSIT Bidder herewith guarantees its Bid by depositing one of the following with its Proposal in an amount of five percent (5%) or more of the Bidder’s total Bid:  Certified check  Cashier’s check  Bid Bond _____________________________________ Signature BID BOND Bond No. ____________ Project: Lift Station 47 - Beverly Lake Sewer Replacement Project W.O. #: UP3529 KNOW ALL MEN BY THESE PRESENTS, that __________________________________________ [Contractor], a corporation organized under the laws of the State of ______________, and registered to do business in the State of Washington as a contractor, as Principal, and _______________________________________________________[Surety], a corporation organized under the laws of the State of ____________ 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 ________________________ and __/100’s Dollars ($_____________), 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. It is expressly understood and agreed that: