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CITY OF SANTA ANA <br />PROPOSAL <br />PROJECTNO.:15-6833 <br />TRAFFIC SIGNAGE UPGRADE <br />FEDERAL PROJECT NO: HSIPL 5063(157) <br />BID BOND <br />Bond No, CSBA-4090 <br />KNOW ALL PRESENT that, <br />Myers & Sons HI -Way Safety, Inc. as BIDDER, and <br />SureTec Insurance company as SURETY <br />r f <br />are held and firinly bound unto the CITY OF SANTA ANA, as AGENCY, in the penal sum of <br />Ten Percent of the Amount Bid Dollars (,10°I° of the Amount Bid ) which is ten percent (10%) of the total amount <br />bid by BIDDER to AGENCY for the above -stated project, for the payment of which sum, BIDDER and <br />SURETY agree to be bound, jointly and severally, firmly by these presents. <br />THE CONDITIONS OF TIES OBLIGATION ARE SUCH that, whereas BIDDER is about to submit a bid <br />to AGENCY for the above -stated project, if said bid is rejected, or if said bid is accepted and a contract is <br />awarded mid entered into by BIDDER in the manner and time specified, then this obligation shall be null <br />and void, otherwise It shall remain in full force and effect in favor of AGENCY. <br />IN WITNESS WHEREOF the panties hereto have set their names, titles, hands, and seal this <br />2nd day of February 2017 . <br />BIDDER* <br />SURETY* <br />SureTec Insurance Company, 3033 5th Avenue, Suite 300, San Diego, CA 921031(900) 288-0351 <br />Shaunna Rozelle Ostrom, Attorney -in -Fact, 1411 <br />Subscribed and 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, and <br />telephone number of authorized representative. <br />P-7 of P-38 <br />