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O� SvpNY lst s•�aaa pr � fLOP C 4i STATE OF FLORIDA ) COUNTY OF Miami -Dace BID BOND City of Sunny Isles Beach 18070 Collins Avenue Sunny Isles Beach, FL 33160 Telephone: (305) 947-0606 Fax: (305) 949-3113 KNOW ALL MEN BY THESE PRESENTS, that we, Hypower, Inc. as Principal, and Berkshire Hathaway Specialty Insurance Company as surety, are held and firmly bound unto the city of Sunny Isles such a muni i al conpQ.�a on of the Sta of Florida hereinafter referred to as the Owner in the sum of Five Percent o�mouni tfld Dollars ($--"%"-- ], lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators and successors jointly and severally, firmly by these presents. 'SANT' ,QF THIS OBLIGATION IS SUCH that whereas the Principal has submitted the accompanying Bid dated, Utility ti I tt33�GU1U1 grpo, uunncling for Golden Shores - Project no. 21-08-01 WHEREAS, it was a condition precedent to the submission of said Bid that a cashier's check or Bid Bond in the amount of five percent (5%) of the Base Bid be submitted with said Bid as a guarantee that the Proposers would, if awarded the Contract, enter into a written Contract with the City for the performance of said Contract, within ten (10) consecutive calendar days after written notice having been given of the Award of the Contract. NOW, THEREFORE, the conditions of this obligation are such that if the Principal within ten (10) consecutive calendar days after written notice of such acceptance, enters into a written Contract with the City of Sunny Isles Beach and furnishes the Performance Bond, satisfactory to the City, each in an amount equal to one hundred percent (100%) of the Contract Price, and provides all required Certificates of Insurance, then this obligation shall be void; otherwise the sum herein stated shall be due and payable to the City of Sunny Isles Beach and the Surety herein agrees to pay said sum immediately, upon demand of the City, in good and lawful money of the United States of America, as liquidated damages for failure thereof of said Principal. IN W NESS WHEREOF, the abov bonded parties have executed this instrument under their several seals this 28th day of epte i er 20 1 , the name and the corporate seal of each corporate party being hereto affixed and these presents being duly signed by its undersigned representative. IN PRESENCE OF: Hypower, Inc. I Ivldual or Partnership Principal Gorr: orate 5913 Northwest 31st Avenue Business Address Fort Lauderdale, FL 33309 City, State, and Zip Code 954-978-9300 Business Telephone DOCUMENT CONTINUES ON NEXT PAGE Affix Corporate Seal Business Facsimile r Please see power of attorney attached ATTE T: 111 Berkshire Hathaway Specialty Insurance Company jeta, (Corporate Surety)* Charles J. Nielson, Attorney-in-fact *Impress Corporate Seal IMPORTANT By: Surety companies executing bonds must appear on the Treasury Department's most current list (circular 570 as amended) and be authorized to transact business in the State of Florida. 10 of 12