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STATE OF FLORIDA COUNTY OF ) 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, Rohl Global Networks LP as Principal, and Argonaut Insurance Com a _'as Surety, are held and firmly bound unto the City of Sunny Isles Beac , a municipal corporation o the State of Florida hereinafter referred to as the Owner in the sum of Five Percent of Amount Bid--xx/100 Dollars ($50/6 n 1 R , 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. THE CONDITION OF THIS OBLIGATION IS SUCH that whereas the Principal has submitted the accompanying Bid dated, Segmber 28 2021 for: Invitation to Bid No 21-08-01 - Utiles Undergrounding for Golden Shores WHEREAS, it was a condition precedent to the submission of said Bid that a cashiers 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 WITNESS WHEREOF, the above bonded parties have executed this instrument under their several seals this 27th day of September 20 9.1 , 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: Rohl Global Networks LP Individual or Partnership Principal 2875 Juniter Park Drive Suite 900 Business Address Jupiter, FL 33458 City, State, and Zip Code 1-866-783-3330 Business Telephone ATTEST: Argonaut Insurance Company (Corporate Surety)* "Impress Corporate Seal DOCUMENT CONTINUES ON NEXT PAGE Affix Corporate Seal 1-866-644-1229 Business Facsimile IMPORTANT By: 941o,-�Ojw Susan A. Welsh, Attorney -in -Fact 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 •� -6eeretery IMPORTANT By: 941o,-�Ojw Susan A. Welsh, Attorney -in -Fact 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