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SECTION 00430 - Bid Bond IMP KNOW ALL MEN BY THESE PRESENTS, that we LMtDDER'S NAME) w L . H . Tanner Construction Corporation-- and Developers Suretv and Indemnity Comnanv as I (SURETY•SNAME) a corporation duly organized under the Laws of the State of Florida as a Surety with itrr principal offices in the City of Irvine and authorized to do business in the State of Florida, are held all and firmly bound unto INDIAN RIVER COUNTY (hereinafter called the OWNER) in the penal sum of Five percent of amount bid= ----------- Dollars ($ -- 5 x ------ ), 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 and severally, firmly by these presents, Whereas said Principal is herewith submitting a Bid dated December 13 , 20 06 • for the an construction of Project Name: MIAN RIVER DRIVE SOUTH SMEWAIM I16PROVEMENT'S MIN County Project Number: 9201 so Pra)ect Addres9: lNDLSN RIVER DRIVE SOUTH FROM SOUTH SEBASTIAN C1TY LIMITS TO US IWHWAY NO. 1. AMP Project Description: DOMNRIVERDIRiVESOUTHSIDEWALK DAMOVEMENTS NOW THEREFORE, the condition of the above obligation is such that if the Principal does not withdraw dIVI said Bid within the period of time set forth in the Bid Documents, and on or before the fifteenth day after the Notice of Award, the Principal enters into a written contract with the OWNER in accordance with the Bid as aocepted, and if the Principal gives the required bonds with good and sufficient sureties for the faithfal performance and proper fulfillment of such Contract and for the protection of laborers and materialmen, then this obligation shall be null and void Otherwise, the Principal and Surety, jointly and severally, shall on or before the sixtieth day after request by the OWNER, pay to the OWNER in moncy, ... . 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 is greater than the former, together with any expense and . reasonable attorney fees, including appellate proceedings, incurred by the .OV NER if suit is brought hereon, but in no event shall Surety' s liability exceed the penal sum hereof plus such expenses and attorney's fees. AND IN WITNESS WHEREOF, the above-bound parties have executed this instrument under their several seals this 13thday of December , Zp 06 , the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative pursuant to GO authority of its governing body. 0201 -00430 - Bid Bond 00430 - 1 �161p1aadrqLapNd PiOJeds10201•DStz&Indian Rlwr DmNyOc .alhdoulr,•F4prdand Dnw AW10201 Indian Riral Drlw sOUln sltlawalk • CVXVVA DOW0201 -0DC50 • cid Marld.000 Rw. HIM s