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1, •. x. x : i <br />PROPOSAL <br />PROJECT NO. 14-6799; New Traffic Signal on New hope St and Camille 5t <br />PROJECT NO. 14-6800: Traffic Signal Modiflcatl on on Sege rstrom Ave and Gear St <br />KNOW ALL PRESENT that, <br />PTM GENERAL ENGINEERING SERVICES, INC. as BIDDER, and <br />INTERNATIONAL FIDELITY INSURANCE COMPANY as SURETY, <br />are held and firmly bound unto the CITY OF SANTA ANA, as AGENCY, in the penal sum of TEN <br />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 submit a <br />bid to AGENCY for the above -stated project, if said bid is rejected, or if said bid is accepted and <br />a contract is awarded and entered into by BIDDER in the manner and time specified, then this <br />obligation shall be null and vold, otherwise it shall remain in full force and effect in favor of <br />AGENCY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />5TH day of OCTOBER2015, <br />BIDDER" <br />PTM GE NGINEERING SERVICES, INC. 5942 ACORN ST. RIVERSIDE, CA 92504 <br />1-710-1000 <br />SURETY" <br />INTER; 10 AL FIDELITY INSURANCE COMPANY 2400 E. KATELLA AVE #250 ANAHEIM, CA 92806 <br />UM <br />sworn to before me <br />'20—. <br />Signature: <br />Notary Public in and for the County of <br />, 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 />6 <br />