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<br />. . <br /> <br />BID BOND <br />BOND NUMBER <br /> <br />, KNOW ALL MEN BY THESE PRESENTS: <br />THAT ' of ' as Principal, <br />and ' as Surety, are held and firmly bound unto <br />THE CITY OF PARIS, PARIS, TEXAS, as Obligee, in the full and just sum of <br />Dollars, lawful money of the United States, for the <br />payment of which sum, well and truly to be made, we bind ourselves, our heirs, executors, <br />administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the said Principal is herewith submitting its proposal for the demolition <br />and disposal of dilapidated structures. <br />THE CONDITION OF THIS OBLIGATION is such that ifthe aforesaid Principal shall <br />be awarded the Contract the said Principal will, within the time required, enter into a formal <br />Contract and give a good and sufficient Bond to secure the performance of the terms and <br />conditions of the Contract, then this obligation to be void; otherwise the Principal and <br />Surety will pay unto the Obligee the difference in money between the amount of the Bid <br />of the said Principal and the amount for which the Obligee legally contracts with another <br />party to perform the work if the latter amount be in excess of the former, but in no event <br />shall liability hereunder exceed the penal sum hereof. <br />Signed, sealed and delivered <br /> <br />(date) <br /> <br />(seal) <br /> <br />( seal) <br /> <br />SURETY <br /> <br />Attorney-in-fact <br /> <br />8 <br />