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City of Everett 00 43 13 - 1 <br /> <br /> <br />00 43 13 - 1 BID SECURITY FORM <br />SECTION 00 43 13 - BID SECURITY FORM <br /> <br />BID SECURITY/DEPOSIT <br /> <br />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 /> <br /> Certified check <br /> Cashier’s check <br /> Bid Bond <br /> __________________________________ <br /> Signature <br /> <br /> <br /> <br />BID BOND <br />Bond No. ____________ <br />Project: _____________ <br />Project No. __________ <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 <br />Principal, and <br />___________________________________________________ [Surety], <br />a corporation organized under the laws of the State of ____________ and <br />registered to transact business in the State of Washington, as Surety, their <br />heirs, executors, administrators, successors and assigns, are jointly and <br />severally held and bound to the City of Everett, Washington, hereinafter <br />called “City”, and are similarly held and bound unto the City in the sum of <br />________________________ and __/100’s Dollars ($_____________), <br />the payment of which, well and truly to be paid, we bind ourselves, our heirs, <br />executors and successors, jointly and severally, formally by these presents. <br /> <br />NOW, THEREFORE, the condition of this obligation is such that the Surety <br />is held and bound to the City to pay and forfeit to the City the amount of this <br />bond as provided herein, upon the conditions contained herein, unless the <br />conditions for release contained herein are satisfied or expressly waived in <br />a writing signed by the City Attorney. <br />