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CITY OF EVERETT SPECIAL PROVISIONS <br /> <br />Water Main Replacement “Y” – Ph 2 Div P – PROPOSAL October 2025 <br />Work Order No. UP 3814 SP-15 <br />Category 2: Sensitive information <br />Category 2: For official use only / disclosure permissible by law. <br /> <br />BID DEPOSIT <br /> <br />Bidder herewith guarantees its Bid by depositing one of the following with its Proposal in an amount of <br />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 /> <br />Bond No. ____________ <br />Project: Water Main Replacement “Y” – Phase 2 <br />Work Order No. UP 3814 <br /> <br /> <br />KNOW ALL MEN BY THESE PRESENTS, <br />that __________________________________________ [Contractor], a corporation <br />organized under the laws of the State of ______________, and registered to do business <br />in the State of Washington as a contractor, as Principal, and <br />_______________________________________________________[Surety], a <br />corporation organized under the laws of the State of ____________ and registered to <br />transact business in the State of Washington, as Surety, their heirs, executors, <br />administrators, successors and assigns, are jointly and severally held and bound to the <br />City of Everett, Washington, hereinafter called “City,” and are similarly held and bound <br />unto the City in the sum of ________________________ and __/100’s Dollars <br />($_____________), the payment of which, well and truly to be paid, we bind ourselves, <br />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. <br /> <br />It is expressly understood and agreed that: <br /> <br />1. Bidder and Surety, jointly and severally, bind themselves, their heirs, executors, administrators, <br />successors and assigns to pay to the City upon default of Bidder the penal sum set forth on the face of <br />this Bond.