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I-unLi (3LLi11y, 111L Milk) f (tf ltlttlbt <br />P. 003/003 <br />SIDDER'S BOND AND RELATING POWER OF ATTORNEY <br />AND SURETY CERTIFICATE <br />KNOW ALL.. MEN BY THESE PRESENT, that we, S.P. S . Contracting, Inc. (hereinafter <br />called the Principal), and <br />Fidelity& Deposit Com an of Maryland (hereinafter called <br />the Surety), a Corporation chartered and existing under the laws of the State <br />Of Maryland with its principal offices In the Countyof laltimore and authorized <br />to do business In the Site- of Florida, and the County and having an Agent resldent therein, such Agent and <br />Company acceptable to the County In the full - and just sum of <br />Five Percent of amount bid poilars ($ 5% of amt .. bid) good and (awful money of ti19 <br />United States of America, to be paid upon demand of the County, Florida, to which payment well and truly to be <br />made we bind ourselves, our heirs, exebutors, administrators, successors and assigns, jointly and severally and <br />tirmiy,by these present. <br />WHEREAS, the Principal Is about to submit, or has submitted to th$County, Florida a proposal for the oonstruc�tion <br />of Project No. 0455, entitled 6" STRI=ET SIDEWALX IMPROVEMENTS FROM 18 COURT TO OLD DDQE <br />HWY, for sold County; <br />WHEREAS, the Principal desires to file this bond. in accordance with law, in lieu of a certified bidders check <br />otherwise required to accompany this proposal. <br />NOW THEREFORE, the conditions of this obligation are such that If the Proposal be accepted the Principal shall <br />within ten (10) calendar days after receipt of notification of the acceptance thereof, execute a contract in <br />accordance with the Proposal and upon the terms, conditions and price set forth therein, in the form and manner <br />required by the County, Florida, and execute a sufficient and satisfactory Surety Qr performance Bond payable to <br />the County, Florida, in an amount of one hundred percent (100°/x) of the total contract price, as Indicated in the <br />proposal, In formand with security satisfactory to the said County, then this obligation to be void, otherwise to be <br />and amain in full force and virtue in taw; and the Surety shall upon failure of the Principal to comply with any or all <br />of the foregoing requirements within the time specified above immediately pay to the aforesaid County upon <br />demand the amount hereof in good and lawful money of the United States of America, not as a penalty but as <br />liquidated damages. <br />IN TESTIMONY THEREOF, the Principal and Surety have caused these present to be duly signed and sealed this <br />-29th. day of _ April, 2010 <br />S.P.S. ntracting, Inc. , <br />PRINCIPAL <br />Fideli y & ePosit Comp ny o an <br />SURETY <br />Joh Harris - Att ney- n -Fact & State Resident Agent <br />Bid Bond <br />P-57 <br />arr�o'loWMAM <br />