2007-012A - Laserfiche WebLink

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i BIDDER' S BOND AND RELATING POWER OF ATTORNEY AND SURETY CERTIFICATE KNOW ALL MEN BY THESE PRESENT, that we , (hereinafter called the Principal) , and (hereinafter called the Surety) , a Corporation chartered and existing under the laws of the State of with its principal offices in the City of and authorized to do business in the State of Florida , and the City/County and having an Agent resident therein , such Agent and Company acceptable to the City/County in the full and just sum of " Dollars ($ ) good and lawful money of the United States of America , to be paid upon demand of the City/County, Florida , to which paymentwell and truly to be made we bind ourselves , our heirs , executors, administrators , successors and assigns, jointly and severally and • firmly by these present. WHEREAS , the Principal is about to submit, or has submitted to the City/County, Florida a proposal for the construction of Project No. XXXXXXXX, entitled for said City; WHEREAS , the Principal desires to file this bond in accordance with law, in lieu of a certified bidder's check otherwise required to accompany this proposal . NOW THEREFORE , the conditions of this obligation are such that if the Proposal be accepted the Principal shall within ten ( 10) calendar days after receipt of notification of the acceptance thereof, execute a contract in accordance with the Proposal and upon the terms , conditions and price set forth therein , in the form and manner required by the City/County, Florida , and execute a sufficient and satisfactory Surety or Performance Bond payable to the City/County, Florida , in an amount of one hundred percent ( 100 %) of the total contract price , as indicated in i the proposal , in form and with security satisfactory to the said City, then this obligation to be void , otherwise to be and remain in full force and virtue in law; and the Surety shall upon failure of the Principal to comply with any or all of the foregoing requirements within the time specified above immediately pay to the aforesaid City upon demand the amount hereof in good and lawful money of the United States of America , not as a penalty but as liquidated damages. IN TESTIMONY THEREOF , the Principal and Surety have caused these present to be duly signed and sealed this r day of 12006 . PRINCIPAL SURETY r r r Bid Bond P-58 MOW 9:5429 AM