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1 <br /> BID GUARANTY ' <br /> Bidder herewith guarantees its bid by depositing one of the following with its bid/proposal in an amount of <br /> five percent (5%) or more of the bidder's total bid/proposal: <br /> • <br /> 0 Certified check , <br /> 0 Cashier's check <br /> ® Bid Bond ' <br /> N/A <br /> Signature <br /> BID BOND <br /> Bond No. N/A <br /> Project HMA Overlay 2017 <br /> W.O. # PW3642 <br /> KNOW ALL MEN BY THESE PRESENTS, <br /> that Granite Construction Company [Contractor], a corporation <br /> organized under the laws of the State of California , and registered to do business in the <br /> State of Washington as a contractor, as Principal, and <br /> Travelers Casualty and Surety Company of America [Surety], a corporation <br /> organized under the laws of the State of Connecticut and registered to transact business in <br /> 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 /> hereinafter called "City", and are similarly held and bound unto the City in the sum of <br /> Five Percent(5%)of Bid Amount iflltJ///al/0'p//W/WYI (I$ 5%of Bid Amount),the payment of <br /> which,well and truly to be paid,we bind ourselves,our heirs, executors and successors, <br /> jointly and severally, formally by these presents. , <br /> NOW, THEREFORE, the condition of this obligation is such that the Surety is held and <br /> bound to the City to pay and forfeit to the City the amount of this bond as provided herein, <br /> 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 /> 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 this <br /> Bond. <br /> HOT MIX ASPHALT OVERLAY 2017 Page 9 of 11 MARCH 2017 <br /> WORK ORDER#PW 3642 <br /> DIVISION P ' <br /> Provided to Builders Exchange of WA, Inc. For usage Conditions Agreement see v\vw.bxwa.com -Always Verify Scale <br />