1999-009 - Laserfiche WebLink

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i i • 0 BID BOND KNOW ALL MEN BY THESE PRESENTS, that we as Principal, and as Surety, a Corporation duly organized under the Laws of the State of Florida with its principal offices in the City of and authorized to do business in the State of Florida are held and firmly bound unto INDIAN RIVER COUNTY hereinafter called the OWNER in the penal sum of Dollars ($ ), lawful money of the United States, amounting to 5% of the total bid price, for the payment of which sum well and truly be made, we bind ourselves, our heirs, executors, administrators, and successors, jointly dnd severally, tirmly by these presents. The condition of this obligation is such that whereas the Principal has submitted the accompanying bid dated , 19_, for the construction of WABASSO CAUSEWAY PARK BEAUTIFICATION PROJECT IRC BID #9034 IRC Project #9623 NOW, THEREFORE, if the Principal shall not withdraw said bid within the period of time SP -t forth in thea r-nnfrom documents, and shall within ten (1 C) calendar days after the prescribed forms are are presented to him for signature enter into a written contract with the OWNER in accordance with the bid as accepted, and if the Principal shall give the required bunds with good and sufficient sureties for the faithful performance and proper fulfillment of such contract and for the protection of laborers and material men, or in the event of the withdrawal of said bid within the periods specified, or the failure to enter into said contract, and give such bonds within the time specified, if the Principal shall within sixty (60) days after request by the OWNER pay to the OWNER the difference between the amount specified in said bid and the amount for which the OWNER may procure the required work if the latter amount be in excess of the f oriner, then the above obligation shall be void and of no effect, otherwise to remain in full force and virtue.. It is further agreed that if the OWNER is required to initiate legal proceedings to recover on this hnnfwi, it MM11 -len r..V Y4r it's c ozlisa iGlatuiry '"" Jar cto iiwluuinng v reasonable ai uuiati rw,_ attorneys' fees. IN WITNESS WHEREOF, the above -bounden parties have executed this instrument under their several seals this day of , 19—, the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative pursuant to authority of its governing body. BID $oND