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ALL AMERICAN ASPHALT (5)
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ALL AMERICAN ASPHALT (5)
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Last modified
11/12/2024 11:40:07 AM
Creation date
12/7/2010 9:31:18 AM
Metadata
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Template:
Contracts
Company Name
ALL AMERICAN ASPHALT
Contract #
11-6745
Agency
Public Works
Council Approval Date
12/6/2010
Destruction Year
2015
Notes
Project
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o � Fidelity and Deposit Company of Maryland <br />< <t'�/a¢� Home Office: P.O. Box 1227. Baltimore. MD 21203 -1227 <br />BID BOND <br />KNOW ALL MEN BY THESE PRESENTS: <br />That we, ALL AMERICAN ASPHALT BOND NO. 085 97 423 <br />as Principal, (hereinafter called the "Principal "), <br />and FIDELITY AND DEPOSIT COMPANY OF MARYLAND <br />P.O. Box 1227, Baltimore, Maryland 21203, a corporation duly organized under the laws of the State of Maryland, as <br />Surety, (hereinafter called the "Surety "), are held and firmly bound unto <br />City of Santa Ana <br />as Obligee, (hereinafter called the "Obligee "), in the sum of TEN PERCENT OF THE TOTAL BID PRICE IN-- - - - - -- <br />Dollars ($ 1 O% OF TOTAL BID PRICE ), for the payment of which sum well and truly to be made, the said Principal <br />and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, <br />firmly by these presents. <br />WHEREAS, the Principal has submitted a bid for <br />ject No. 1'16745, Raitt Street from Warner Ave. to Edinger Ave. <br />Bid Date: November 1 8, 20'I O <br />NOW, THEREFORE, if the Obligee shall accept [he bid of the Principal and the Principal shall enter into a contract <br />with the Obligee in accordance with the terms of such bid and give such bond or bonds as may be specified in the bidding <br />or contract documents with good and sufficient surety for the faithful performance of such contract and for the prompt <br />payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter <br />into such contract and give such bond or bonds, if the Principal shall pay [o the Obligee the difference not to exceed the <br />penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith <br />contract with another party [o perform the work covered by said bid, then this obligation shall be null and void, otherwise <br />to remain in full force and effect. <br />Signed and sealed this 1�7t�h <br />Z�YIP/�/1 G�iZCC i��'.�4L��- <br />Witness <br />i / <br />- ._ -- - � <br />day of <br />November <br />A.D., 20'10 <br />ALL AMERICANA PHALT (SEAL) <br />rincipa! <br />n <br />FIDELITY AND DEPOSIT COMPANY OF MARYLAND <br />.Surety <br />By �� �� ST �� �.� o� <br />_ (SEA.,) <br />Rebecca Haas -Bates ,Attorney -in -Fact <br />Printed in cooperation with [he American Instimtc of Architects (AlA} by ♦•�ideGty and Deposit Company of Maryland . Fidelity and Deposit Company of <br />Maryland vouches [ha[ the language in the document conforms exactly [o the language used in AIA Document A -3IQ February 1970 Edition. <br />BI D70000ZZ0701 f <br />
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