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V ENGINEERING CORP.
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(25-09-01) 183rd Street & Collins Ave Left Turn Conversion
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V ENGINEERING CORP.
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Last modified
11/3/2025 12:26:05 PM
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11/3/2025 12:25:30 PM
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STATE OF FLORIDA <br />COUNTY OF Miami -Dade ) <br />BID BOND <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, FL 33160 <br />Telephone: (305) 997-0606 Fax (305) 949-3113 <br />""ALL <br />MEN BY THESE PRESENTS, that we, V Engineering Corp as Principal, and <br />Old Republic Surety CORlpany —'as Surety, are held and firmly bound unto the City of Sunny Isles <br />Beach, a municipal corporation of the State of Florida in the sum of Five Percent (5%) of Bid Amount Dollars ($ 5%mad Amoun), lawful <br />money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators <br />and successors jointly and severally, firmly by these presents. <br />THE CONDITION OF THIS OBLIGATION IS SUCH that whereas the Principal has submitted the accompanying Bid dated, <br />October 27th, 2025 for. <br />1 B3RO STREET AND COLLINS AVENUE LEFT TURN CONVERSION ITB # 25-09-01. <br />WHEREAS, it was a condition precedent to the submission of said Bid that a cashiers check or Bid Bond in the amount of fire portent ISX) <br />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 <br />with the City for the performance of said Contract, within ten (10) consecutive calendar days after written notice having been given of the <br />Award of the Contract. <br />NOW, THEREFORE, the conditions of this obligation are such that if the Principal within ten (10) consecutive calendar days after written <br />notice of such acceptance, enters into a written Contract with the City of Sunny Isles Beach and furnishes the Performance Bond, satisfactory <br />to the City, each in an amount equal to one hundred percent (100%) of the Contract Price, and provides all required Certificates of Insurance, <br />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 <br />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 <br />damages for failure thereof of said Principal. <br />IN WITNESS WHEREOF, the above bonded parties have executed this instrument under their several seals this 24th day <br />of October ,20 25 , the name and the corporate seal of each corporate party being hereto affixed and these presents <br />being duly signed by its undersigned representative. <br />DOCUMENT CONTINUES ON NEXT PAGE <br />IN PRESENCE OF: V Engineering Corp <br />Indio al or Partnership Principal Affix Corporate Seal <br />2525 Ponce de Leon Blvd. Suite 349 <br />Business Address <br />Coral Gables, FL. 33134 <br />City, State, and Zip Code <br />305-970-3206 <br />Business Telephone <br />As per attached Power of Attorney <br />ALEAttorneyJ. <br />(Corporate Surety)' <br />Geri Lynn Mirabal, Witness <br />`Impress Corporate Seal <br />Business Facsimile <br />Republic Surety <br />Secretary <br />Warren M. After, Attorney In Fact <br />IMPORTANT <br />By: <br />ooumn,""crag. <br />ausrF7"4y, <br />i coro9,p4 <br />= qq SEAL <br />i8 ran T <br />'''''y�•gnunn nnnow`�a a <br />Surety companies executing bonds must appear on the Treasury Department's most current list (circular 570 as amended) and be authorized <br />to transact business in the State of Florida. <br />DECEMBER 28, 2010 <br />
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