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CITY OF SANTA ANA <br />PROPOSAL <br />Bond No. 08597423 <br />Bid Date: 10/24/2019 <br />PROJECT NO.: 19-6943 <br />BRISTOL ST. REHABILITATION: MACARTHUR BLVD. TO RAILROAD (N. OF <br />ALTON AVE.) <br />KNOW ALL PRESENT that, <br />All American Asphalt , as BIDDER, and <br />Fidelity and Deposit Company of Maryland , as SURETY, <br />are held and firmly bound unto the CITY OF SANTA ANA, as AGENCY, in the penal sum of _ <br />Ten Percent of Total Amount Bid----- Dollars ($10% of Bid ), which is ten percent (10%) <br />of the total amount bid by BIDDER to AGENCY for the above -stated project, for the payment of <br />which sum, BIDDER and SURETY agree to be bound, jointly and severally, firmly by these <br />presents. <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas BIDDER is about to <br />submit a bid to AGENCY for the above -stated project, if said bid is rejected, or if said bid is <br />accepted and a contract is awarded and entered into by BIDDER in the manner and time specified, <br />then this obligation shall be null and void, otherwise it shall remain in full force and effect in favor <br />of AGENCY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />14th day of October , 2019. <br />BIDDER* <br />SURETY* <br />Fidelity and Deposit Company of Maryland - 777 S. Figueroa Street Suite 3900 Los Angeles CA 90017 <br />David Wei (213) 270-0600 <br />Subscribed and sworn to before me "Please See Attached" <br />, 20_ <br />Signature: <br />Notary Public in and for the County of State of <br />this day of _ <br />* Provide BIDDER/ SURETY name, address, and telephone number and the name, title, address, <br />and telephone number of authorized representative. <br />P-8 of P-17 <br />