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CITY OF SANTA ANA BOND #NIA <br />PROPOSAL PREMIUM: NIL <br />PROJECT NO.: 19-6426 <br />CITYWIDE SEWER MAIN IMPROVEMENTS PHASE 11 <br />KNOW ALL PRESENT that, <br />LUCAS BUILDERS, INC. as BIDDER, and <br />EVEREST REINSURANCE COMPANY 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 AMOUNT BID Dollars ($ 10% ), 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 <br />specified, then this obligation shall be null and void, otherwise it shall remain in full force and <br />effect in favor of AGENCY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />26THday of MARCH 120 20. <br />BIDDER* LUCAS BUILDERS, INC. <br />510 E. JAMIE AVE., LA HABRA. CA 90631 <br />BY: <br />SURETY* EVEREST REINSURANCE COMPANY <br />PW <br />921-0530 <br />CULBERTSON INSURANCE SERVICES, INC., 5500 E. SANTA ANA CANYON ROAD, SUITE 201, ANAHEIM, CA 92807 <br />Subscribed and sworn to before me this day of <br />, 20_. <br />Signature: <br />Notary Public in and for the County of <br />, State of <br />* Provide BIDDER/ SURETY name, address, and telephone number and the name, title, <br />address, and telephone number of authorized representative. <br />rig : <br />