Laserfiche WebLink
CITY OF SANTA ANA <br />PROPOSAL <br />PROJECT NO.: 16 -6859 <br />LOCAL STREET SLURRY SEAL 2015 -16 <br />BID BOND <br />KNOW ALL PRESENT that, <br />Petrochem Materials Innovation, LLC , as BIDDER, and <br />Libel Mutual Insurance 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 the total amount bid Dollars ($ 10°10 of total amount 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 <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 />9th day of June 2016 . <br />Petrochem Materials Innovation, LLC <br />BIDDER* <br />6168 Innovation Way, Carlsbad, CA 92009 <br />(760) 603 -0961 <br />Liberty Mutual Insurance Company <br />SURETY* 175 Berkeley Street, Boston, MA 02116 <br />Subscribed and sworn to before me this day of <br />_ <br />120— <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 />.,D,7�f p 1 Fy <br />