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CITY OF EVERETT SPECIAL PROVISIONS <br /> I <br /> BID DEPOSIT <br /> IBidder herewith guarantees its Bid by depositing one of the following with its Proposal in an amount of five <br /> percent (5%) or more of the Bidder's total Bid: <br /> ❑ Certified check <br /> ❑ Cashier's check <br /> ❑ Bid Bond <br /> i <br /> 1 Signature <br /> BID BOND <br /> Bond No. <br /> Project: WATERMAIN REPLACEMENT "T" <br /> W.O. #: UP3684 <br /> KNOW ALL MEN BY THESE PRESENTS, <br /> that [Contractor], a corporation <br /> organized under the laws of the State of <br /> , and registered to do business in the <br /> State of Washington as a contractor, as Principal, and <br /> [Surety], a corporation <br /> ' organized under the laws of the State of 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 /> and_/100's Dollars ($ ), 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 /> IIt is expressly understood and agreed that: <br /> Watermain Replacement "T" Division P— PROPOSAL October 10, 2018 <br /> WO No.—UP3684 SP—29 <br />