Faber Construction Corp 9/27/2016

I I I CITY OF EVERETT SPECIAL PROVISIONS • BID DEPOSIT IBidder 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: D Certified check ❑ Cashier's check !/) I $X Bid Bond 7 i I Signatu; I BID BOND Bond No. N/A Project: WATER MAIN REPLACEMENT "Q" - ' OADWAY W.O.#:UP3612BR KNOW ALL MEN BY THESE PRESENTS, that Faber Construction Corporation [Contractor],a corporation I organized under the laws of the State of WA ,and registered to do business in the State of Washington as a contractor,as Principal,and The Ohio Casualty Insurance Company [Surety], a corporation organized under the laws of the State of N.H. and registered to transact business in I the State of Washington,as Surety,their heirs,executors,administrators, successors and assigns,are jointly and severally held and bound to the City of Everett, Washington, hereinafter called"City",and are similarly held and bound unto the City in the sum of I five percent(5%)of the total amount bid and-=/100's Dollars($ ),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. I 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 Isatisfied or expressly waived in a writing signed by the City Attorney. It is expressly understood and agreed that: I Water Main Replacement"Q" Division P—PROPOSAL July 8,2016 I -Broadway WO No.—UP3612 SP—22 Provided to Builders Exchange of WA, Inc. For usage Conditions Agreement see www.bxwa.com - Always Verify Scale