Reso 2014-2352 - Laserfiche WebLink

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STATE OF FLORIDA Murni-Dade COUNTY OF _ ) BID BOND City of Sunny Isles Beach 16070 Collins Avenue Sunny Isles Beach• FL 33160 Te:ep ".one: (305) 947 -0606 Fos (305) 949 -3113 KNOW ALL MEN BY THESE PRESENTS, that we. Southern Underground Industries. Inc, as Principal, and ?.durance Reinsurance Coroorado ofA - as Surety, are held and Srr bound Ny b unto the City of Sunny Isles Beach, a municipal corporation of the State of Florida in the sum of Five Percent of B'd Dollars IS 5% ), la•rful 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, 1213114 20,1(1 (or. Small Construction Proiects - ITB No 14 -1002 WHEREAS, it was a condition precedent to the submission of said M that a cashles'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, vfthin 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 it 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 shag 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 r day of Dsermbur ,20 14 . 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: SOUTHERN UNDERGROUND INDUSTRIES. INC Inowidual or Partnership Principal 3453 N.W. 44th Street, 1205 Business Address Fort Laudcrda!e. FL 33309 City, State, and Zip Code (9:4)6594699 Business Telephone ENDUFLU•leff? kE1NSURANCE CORPO_AATIONyPAMERtCA Charles 1. Niel.16. Any.- ,(Corporate suretyy, , In -Fact 'Impress Corporate Seal DOCUMENT Business Facsimile Secretary By: IMPORTANT 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. oaceYaea2e.2010 8 of 10