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BID BOND <br />KNOW ALL MEN BY THESE PRESENTS, that we the undersigned, as <br />PRINCIPAL, and , as SURETY are held and firmly <br />bound unto hereinafter called the "Owner", in the penal sum <br />of Dollars, lawful money of the <br />United States, for the payment of which sum well and truly to be made, we bind ourseives, our heirs, <br />executors, administrators, successors, and assigns, jointly and severally, firmly by these presents. <br />THE CONDITION OF THIS OBLIGATION IS SUCH, that whereas the Principal has submitted the <br />Accompanying Bid, dated , for <br />NOW, THEREFOR, if the Principal shall not withdraw said Bid within the period specified therein 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 specified therefor, or if no period be specified, within ten (10) days after the <br />prescribed 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 or sureties, as <br />may be required, for the faithful performance and proper fulfillment of such contract; or in the event of <br />the withdrawal of said Bid within the period specified, or the failure to enter into such Contract and <br />give such bond within the time specified, if the Principal shall pay the Owner the difference between <br />the amount specified in said Bid and the amount for which the local Public Agency may procure the <br />required work or supplies or both, if the latter be in excess of the former, then the above obligation <br />shall be void and of no effect, otherwise to remain in full force and virtue. <br />IN WITNESS THEREOF, the above-bounded parties have executed this instrument under their <br />several seals this day of , the name and corporate seal of <br />each corporate party being hereto affixed and these present signed by its undersigned representative, <br />pursuant to authority of its governing body. <br />(SEAL) <br />(SEAL) <br />Attest: BY: <br />Affix <br />Corporate <br />Seal <br />Attest: BY: <br />Affix <br />Corporate <br />Seal <br />Attest: BY: <br />Countersigned <br />By <br />Attorney-in-Fact, State of <br />9 <br />115 <br />