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HomeMy WebLinkAbout07_Bid BondPW\DENOOl\668876 BID BOND KNOW ALL PERSONS BY TIIBSE PRESENTS: TIIAT WHEREAS; PCL Construction, Inc. (hereinafter referred to as "Principal") has submitted its Bid for the project entitled SAN LUIS OBISPO WATER RESOURCE RECOVERY FACILITY PROJECT to the City of San Luis Obispo, California (hereinafter referred to as "Obligee.,") the Bid, by referrnc~ thereto; being hereby made a part hereof, NOW THEREFORE, we, Principal and Fidelity and Deposit Company of Maryland , a corporation duly organized under the laws of the State of IL having its principal place ofbusiness at 1299 Zurich Way, Schaumburg in the State of IL and authorized to do business in the State of California (hereafter referred to as "Surety"), are held and firmly bound unto the City of San Luis Obispo, hereinafter called the Obligee, on order, in the sum of flAJ Pti.<.£/J( {),: fHE [D[/IL PRl>1E.cr 8U:> PRlle Dollars ($ IO"lo ) (being at least ten percent (10%) of the total amount of Principal's Bid price) lawful money of the United States, for the payment of which we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents. THE CONDITIONS OF 1HIS OBLIGATION ARE SUCH THAT: If Principal's Bid is rejected or, in the alternate, if the Bid is accepted and Principal signs and delivers a Contract and furnishes a Performance Bond and Payment Bond and evidence of insurance, all in the form and within the · time required by the Bid and the Contract Documents, then this obligation shall become null and void, otherwise the same shall rei:nain in full force and effect and upon default of Principal shall be forfeited to the Obligee, it being expressly \.uiderstood and agreed that the liability of the Surety for any and all default of Principal shall be the amollllt of this obligation .as herein stated, as liquidate.d_damages. • I • '• • • Surety, for value received, hereby agrees, that i ts obligations and h:s bond shall not be imp~red or affected by . any extension of the time within }Vhich the Obligee may accept such Bid, and the Surety hereby waives notice 'of any such extension:. In the event suit is brought up~n this bond by the qbli~e and judgment is recovered, ~urety shall pay, in addition to the sum et forth above, all cos ts, incurred by Obligee in su ch suit, including reasonable attorney's fees and expert witness fees, to be fixed by the court; in addition to the penal sum of the Bo~d. , IN WITNESS WHEREOF, we have hereunto set oiir hands and seals this13th day of_.·_· """'M~a""'y_· ___ , 20 ~- Fidelity and Deposit Company of.Maryland PCL Construction Inc. Attorne -in-Fact Title: President Note: Signature ~fperson executing for Surefy must be notarized and evidence of corporate authority attached. An original Power-of-Attorney authorizing the person signing on behalf of the Surety to de; so must be attached hereto. . . . .· . . The rate of premiwn on this bond is '"'---'$'-0~ ___ per thousand. The total amount of premium charges, $ 0.00 .. (The above mtist be filled in by .corporate attorney.) San Luis Obispo Water Resource . Recovery Facility Project Specification No, 91620 00 43 13 -l Bid Bond February 2019 ©Copyright2019 CH2M HILL · .. PW\DENOO 1 \668876 THE FOLLOWING INFORMATION IS MANDATORY Any claims under this bond may be addressed to: · (Name and Address of Surety) Fidelity and Deposit Company of Maryland . . ·.· (Nan1e and Address of Agent or Representative for service of process in California, if different from above) (Telephone number of Surety and Agent or Representative for service of process in California) ... J •• .. • '••'I ' I .. ,_ ' I· ... ·. .,• ....... :-~ ... " . .~ .· '. .. ·. .· .'' . i ·-. Bid Bond '.February 20 19 _ _ ,I· -~Copyright 2019 CH2M HILL -· ... 1299 Zurich Way Schaumburg, IL 60196 Aon Risk Solutions 707 Wilshire Blvd, Ste 2600 Los Angeles, CA 90017 213-630-3266 END OF SECTION ·. ·.·· .. .> . . . · . '· . . 0043 13 - 2 ... .-. .. :. •, . r, • San Luis Obispo Water Resource Recovery Facility Project Specification No. 91620 ACKNOWLEDGEMENT BY SURETY STATE OF ILLINOIS COUNTY OF KANE On this 13th day of May, 2019 before me, K Hannigan, a Notary Public, within and for said County and State, personally appeared Susan A. Welsh to me personally known to be the Attorney-in-Fact of and for Fidelity and Deposit Company of Maryland and acknowledged that she executed the said instrument as the free act and deed of said Company. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, at my office in the aforesaid County, the day and year in this certificate first above written. ZURICH AMERICAN INSURANCE COMPANY COLONIAL AMERICAN CASUALTY AND SURETY COMPANY FIDELITY AND DEPOSIT COMPANY OF MARYLAND POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the ZURICH AMERlCAN INSURANCE COMPANY, a corporation of the State of New York, the COLONIAL AMERlCAN CASUALTY AND SURETY COMPANY, a corporation of the State of Illinois, and the FIDELITY AND DEPOSIT COMPANY OF MARYLAND a corporation of the State of Illinois (herein collectively called the "Companies"), by Rubert D. Murray, Vice President, in pursuance of authority granted by Article V, Section 8, of the By-Laws of said Companies, which are set forth on the reverse side hereof and are hereby certified to be in full force and effect on the date hereof, do hereby nominate, constitute, and appoint Sandra M. WINSTED, Diane M. O'LEARY, Susan A. WELSH, Judith A. LUCKY-EFTIMOV, James B. McTAGGART, Debra J. DOYLE, Sandra M. NOWAK, Jessica B. DEMPSEY and Christina L. SANDOVAL, all of Chicago, Jllinois, EACH its true and lawful agent and Attorney-in-Fact, to make , execute, seal and deliver, for, and on its behalf as surety, and as its act and deed: any and all bonds and undertakings, and the execution of such bonds or undertakings in pursuance of these presents, shall be as binding upon said Companies, as fully and amply, to all intents and purposes, as if they had been duly executed and acknowledged by the regularly elected officers of the ZURlCH AMERlCAN INSURANCE COMPANY at its office in New York, New York., the regularly elected officers of the COLONIAL AMERlCAN CASUALTY AND SURETY COMPANY at its office in Owings Mills, Maryland., and the regularly elected officers of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND at its office in Owings Mills, Maryland., in their own proper persons. The said Vice President does hereby certify that the extract set forth on the reverse side hereof is a true copy of Article V, Section 8, of the By-Laws of said Companies, and is now in force . IN WITNESS WHEREOF, the said Vice-President has hereunto subscribed his/her names and affixed the Corporate Seals of the said ZURICH AMERICAN INSURANCE COMPANY, COLONIAL AMERICAN CASUALTY AND SURETY COMPANY, and FIDELITY AND DEPOSIT COMPANY OF MARYLAND, this 28th day ofJanuary, A.D. 2019. By: Robert D. Murray Vice President By: Dawn E. Brown Secretary State of Maryland County of Baltimore ATTEST: ZURICH AMERICAN INSURANCE COMPANY COLONIAL AMERICAN CASUALTY AND SURETY COMPANY FIDELITY AND DEPOSIT COMPANY OF MARYLAND On this 28th day of January, AD. 2019, before the subscriber, a Notary Public of the State of Maryland, duly commissioned and qualified, Robert D. Murray, Vice President and Dawn E. Brown, Secretary of the Companies, to me personally known to be the individuals and officers described in and who executed the preceding instrument, and acknowledged the execution of same, and being by me duly sworn, deposeth and saith, that he/she is the said officer of the Company aforesaid, and that the seals affixed to the preceding instrument are the Corporate Seals of said Companies, and that the said Corporate Seals and the signature as such officer were duly affixed and subscribed to the said instrument by the authority and direction of the said Corporations IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my Official Seal the day and year first above written. Constance A. Dunn, Notary Public My Commission Expires: July 9, 2019