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CITY OF SANTA ANA <br />PROPOSAL <br />PROJECT NOS.: 16-1301, 16-1302, 16-1303, 16-1304 <br />DOWNTOWN PARKING FACILITY IMPROVEMENTS <br />KNOW ALL PRESENT that, <br />USS CAL BUILDERS, INC. , as BIDDER, and <br />ARCH INSURANCE COMPANY , as SURETY, <br />are held and firmly bound unto the CITY OF SANTA ANA, as AGENCY, in the penal sum of <br />TEN PERCENT OF AMOUNT BID Dollars ($ 10% ), which is ten percent of the <br />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 <br />submit a bid to AGENCY for the above -stated project, if said bid is rejected, or if said bid is <br />accepted and a contract is awarded and entered into by BIDDER in the manner and time <br />specified, then this obligation shall be null and void, otherwise it shall remain in full force and <br />effect in favor of AGENCY. <br />1N WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />9TH day of AUGUST _'20 17, <br />BIDDER* <br />USS CAL BUILDERS. INC <br />NEI <br />ERIC OTHMAN. SECRETARY P)714-828-4882 <br />SURETY* <br />ARCH INSURANCE COMPANY 65 S. FIGUEROA ST. 27TH FLOOR, LOS ANGELES, CA 90017 <br />P)213-283-3518 <br />PHILIP E. VEGA, ATTORNEY -in -FACT <br />Subscribed and sworn to before me this day of <br />20_ <br />Signature: <br />Notary Public in and for the County of , State of <br />* Provide BIDDER/ SURETY name, address, and telephone number and the name, title, <br />address, and telephone number of authorized representative. <br />P-7 of P-46 <br />