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BID BOND <br />BOND NUMBER N/A <br />KNOW ALL MEN BY THESE PRESENTS: <br />THAT Sanitation Solutions , of _Paris, TX , as Principal, and _ <br />Suretec Insurance Com~any , as Surety, are held and firmly <br />bound unto THE CITY OF PARIS, TEXAS, as Obligee, in the full and just sum of Five Percent <br />of the Greatest Amount Bid (5% GAB) Dollars, lawful money <br />of the United States, for the payment of which sum, well and truly to be made, we bind ourselves, <br />our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these <br />presents. <br />WHEREAS, the said Principal is herewith submitting its proposal for the demolition and <br />disposal of various structures at the One Oak Apartment Complex. <br />THE CONDITION OF THIS OBLIGATION is such that if the aforesaid Principal shall be <br />awarded the Contract, the said Principal will, within the time required, enter into a formal Contract <br />and give a good and sufficient Bond to secure the performance of the terms and conditions of the <br />Contract, then this obligation to be void; otherwise the Principal and Surety will pay unto the <br />Obligee the difference in money between the amount of the Bid of the said Principal and the <br />amount for which the Obligee legally contracts with another party to perform the work if the latter <br />amount be in excess of the former, but in no event shall liability hereunder exceed the penal sum <br />hereof. <br />Signed, sealed and delivered January 19 2010 <br />(date) <br />• S„I, (seal) <br />(seal) <br />S <br />Attornp<-in-fact Tony Fierro <br />8 <br />Y <br />^ 0 11 f <br />~ ~ <br />` ~ U 0 <br />