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CITY OF 5ANTA ANA <br />PROPOSAL <br />PROJECT NO. 18-6613 <br />C-5-F Channel Repair <br />KNOW ALL PRESENT that, <br />Basco Constructors Inc, as BIDDER, and <br />Hartford Fire Insurance Company as SURETY, <br />are held and firmly bound unto the CITY OF SANTAANA, as AGENCY, In the penal sum of <br />Ten Percent of Amount Bid Dollars ($ 1D"/u ), which is ten percent,(10%) <br />of the total amount bid by BIDDER to AGENCY for the above -stated project, for the payment of <br />which sum, BIDDER and SURETY agree to be bound, jointly and severally, firmly by these <br />presents. <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas BIDDER is about to submit a <br />bid to AGENCY for the above -stated project, if said bid is rejected, or if said bid is accepted and <br />a contract Is awarded and entered Into by BIDDER in the manner and time specified, then this <br />obligation shall be null and void, otherwise it shall remain in full force and effect In favor of <br />AGENCY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and.$eai this... <br />16th day of May 2019 <br />BIDDER* <br />t fIrTP, t <br />21353 Mayall Street <br />Subscribed and sworn to before me this lay -of <br />D <br />Signature: <br />See attached ACKNOWLEDGMENT <br />Notary Public in and forthe County of , State of <br />*Provide BIDDER/ SURETY name, address, and telephone number and the name, title, address, <br />and telephone number of authorized representative. <br />P-6 OF P-15 <br />