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1. <br /> t <br /> • <br /> (r <br /> BID GUARANTY <br /> { <br /> g Bidder herewith guarantees its bid by depositing one of the following with its bid/proposal in an amount OF <br /> five percent(S%)or more of the bidder's total bid/proposal: . <br /> ICl Certified cheek ``�%u{oto It ,,,;!`' <br /> 0 Cashier's check �N'�� '�f✓C%/ <br /> XII Bid Baud <br /> Signaturef%9 <br /> � �� �i,, p�mnut ��`` � `�� <br /> :. iiiiimilo1 <br /> II131D BOND <br /> • ti Bond No. N/A �._.._ • <br /> Project 41st Streetto West Marine View Drive Freight Corridor Improvements <br /> 1 W.O.# PW#3472 <br /> I <br /> KNOW ALL MEN BY THESE PRESENTS, • <br /> that Marshbank Construction,Inc. [Contractor],a corporation <br /> organized under the laws of the State of WA ,and registered to do business in the <br /> State of Washington as a contractor,as Principal,and . <br /> Liberty Mutual Insurance Company --__ . [Surety],a corporation <br /> I <br /> organized under the laws of the State of MA and registered to transact business in <br /> q the State of Washington,as Surety,their heirs,executors,administrators,successors and <br /> assigns,are jointly and severally held and bound to the City of Everett,Washington, <br /> I 4I hereinafter called."City",and are similarly held and bound unto the City in the sum of <br /> five percent(5%)of the total amount bid and nor100's Dollars.($ v ),the payment of <br /> which,well and truly to be paid,we hind ourselves,our heirs,executors and successors, <br /> Ijointly and severally,formally by these presents. <br /> is <br /> NOW, THEREFORE, the condition of this obligation is such that the Surety is held and <br /> 3 bound to the City to pay and forfeit to the City the amount of this.bond as provided herein, <br /> I upon the conditions contained herein, unless the conditions for release contained herein are <br /> satisfied or expressly waived in a writing signed by the City Attorney. <br /> It is expressly understood and agreed that: <br /> 111 <br /> 1. Bidder and Surety, jointly and severally, bind themselves, their heirs, executors, administrators, <br /> i successors and assigns to pay to the City upon default of Bidder the penal sum set forth on the thee of this <br /> Bond. <br /> 2. Default of Bidder shall occur upon the failure of Bidder to•deliver within the time required by the <br /> Bidding Documents the executed Agreement required by the Bidding Documents, any performance and <br /> provided to Builders Exchange of WA,Inc. For usage Conditions Agreement see vrww.bxwa com;Alvrys Verify Scale. ..._,.,,......,._.............:...........,..„ ._�..:..•. <br /> I <br />