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BID BOND <br />KNOW ALL MEN BY THESE PRESENTS, tllat W2 the Uildef6lgfteCJ§tephens 8 sons Concrete Contractors, lnmg <br />~ PRINCIPAE„ and SureTec Insurance Comoanv , as SURETY are held and firmiy <br />baund urllo CLty of Paris hereinafter called the "Owner", in the penal sum <br />Of Five Percent of Greatest Amount Bid D0119r5, 5% GAB lawfui money Of the <br />~ United States, for the payment of whioh sum well and truty to be made, we bind ourselves, our 1,eirs, <br />executors, administrators, successors, and assigns, jointly and severelly, firmly by these presents. <br />THE CONDITION 0F THfS 08LIGATION IS SUCH, that wheress the Principal has submitted the <br />~ Accompanying Bid, d8t@d March 2, 2010 , fpt Math and Science Classroom Addition to Hiqh School <br />NOW, THEREFOR, if the Principal shalf not withdraw said Bid within the period specified fherein after <br />~ the opening of the same, or, if no period be specified, within thirty (30) days after the said opening, <br />and shall within the period specif,ed iherefor, or if no period be specified, within ten (10) days after the <br />prescribod forms are presented to him for signature, enter into a written contract with the Owner in <br />accordance with the Bid as acCepted, and, give bond with good and sufficient surety ar sureties, as <br />~ may be requlred,- for the 4aithful perfotmance and proper fulfrllmant af such contract; or in the event of <br />the vuikhdrawai of said Bid within the period specified, or the fai(ure to entEr inte such Contract and <br />~ give such bond within the time specified, 'rf the Principa) shall pay the Owner the difference between <br />the amount specified in said 8id and the amount tor whlch the local Pubiic Agency rnay procure the <br />required work or suppliss or both, it the latter be in excess of the fonner, then the -abovE obligation <br />„ shal( be void and of no effect, vtherwise to remaln in full force and virtue. <br />IN WI7NESS THEREOF, the above-bounded parties have executed this instrument under their <br />several seals this 2nd day of March 2010 , the name and corporaie seal of <br />each corparate party being hereto affixed and these present signed by its undersigned representative, <br />pursuant io authority of its governing body. <br />(SEAI..) <br />Atiest: <br />Attest: <br />cf~ <br />~ (~)GJ~L) <br />~ ASfIY. <br />Corporate <br />Seal <br />By: <br />Affix <br />Corporate <br />Sea! <br />Attesl; <br />Cou7tersiq ned <br />, <br />~ <br />BY <br />` Attatney-in-►-act, State af <br />By: <br />9 <br />a 6 O~~'JLi <br />