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HomeMy WebLinkAboutBid Bond - N. 15th Avenue Improvements Knife River BID BOND Any singular reference to Bidder,Surety,Owner or other party shall be considered plural where applicable. BIDDER(Name and Address): Knife River-Belgrade P.O. Box 9, Belgrade, MT 59714 SURETY(Name and Address of Principal Place of Business): Liberty Mutual Insurance Company 175 Berkeley Street, Boston, MA 02116 OWNER(Name and Address): City of Bozeman, Montana BID Bid Due Date: August 10,2021 Description(Project Name and Include Location): North 15th Avenue Improvements-Patrick to Tschache BOND Bond Number: Bid Bond Date(Not earlier than Bid due date):August 10, 2021 Penal sum Ten Percent of Amount Bid $ 10% (wo�c ),I 119 (Figures) 10% ,111 Surety and Bidder,intending to be legaityb�u GROUP by�p ifljject to the terms set forth below,do each cause this Bid Bond to be duly executed by an atthoriz�' office� 'en or representative. r BIDDER 1990E SbRiTY Knife River-Belgrade �®�; .. �6eal)• 'Liberty Mutual Insurance Company (Seal) Bidder's N e and Coo S 1 'A,®® AN P�e$ilrety s Name and Corporate Seal By: By: Signature (;g"nature(Attach Power of Attorney) Pamela L. Michalies-Asst. Sec. Heather R. Goedtel Print Name Print Name Attorney-In-Fact Title Title Attest: - Attest: Signature Signature Wi �1��' J.� Witness Title Title EJCDC C430 Bid Bond(Penal Sum Form) Prepared by the Engineers Joint Contract Documents Committee. Page i of 2 PENAL SUM FORM 1. Bidder and Surety,jointly and severally, bind themselves, their heirs, executors, administrators, successors, and assigns to pay to Owner upon default of Bidder the penal sum set forth on the face of this Bond. Payment of the penal sum is the extent of Bidder's and Surety's liability. Recovery of such penal sum under the terms of this Bond shall be Owner's sole and exclusive remedy upon default of Bidder. 2. Default of Bidder shall occur upon the failure of Bidder to deliver within the time required by the Bidding Documents (or any extension thereof agreed to in writing by Owner) the executed Agreement required by the Bidding Documents and any performance and payment bonds required by the Bidding Documents. 3. This obligation shall be null and void if: 3.1 Owner accepts Bidder's Bid and Bidder delivers within the time required by the Bidding Documents(or any extension thereof agreed to in writing by Owner)the executed Agreement required by the Bidding Documents and any performance and payment bonds required by the Bidding Documents,or 3.2 All Bids are rejected by Owner,or 3.3 Owner fails to issue a Notice of Award to Bidder within the time specified in the Bidding Documents (or any extension thereof agreed to in writing by Bidder and,if applicable,consented to by Surety when required by Paragraph 5 hereof). 4. Payment under this Bond will be due and payable upon default of Bidder and within 30 calendar days after receipt by Bidder and Surety of written notice of default from Owner,which notice will be given with reasonable promptness,identifying this Bond and the Project and including a statement of the amount due. 5. Surety waives notice of any and all defenses based on or arising out of any time extension to issue Notice of Award agreed to in writing by Owner and Bidder, provided that the total time for issuing Notice of Award including extensions shall not in the aggregate exceed 120 days from Bid due date without Surety's written consent. 6. No suit or action shall be commenced under this Bond prior to 30 calendar days after the notice of default required in Paragraph 4 above is received by Bidder and Surety and in no case later than one year after Bid due date. 7. Any suit or action under this Bond shall be commenced only in a court of competent jurisdiction located in the state in which the Project is located. 8. Notices required hereunder shall be in writing and sent to Bidder and Surety at their respective addresses shown on the face of this Bond. Such notices may be sent by personal delivery,commercial courier,or by United States Registered or Certified Mail,return receipt requested,postage pre-paid,and shall be deemed to be effective upon receipt by the party concerned. 9. Surety shall cause to be attached to this Bond a current and effective Power of Attorney evidencing the authority of the officer, agent, or representative who executed this Bond on behalf of Surety to execute, seal,and deliver such Bond and bind the Surety thereby. 10. This Bond is intended to conform to all applicable statutory requirements.Any applicable requirement of any applicable statute that has been omitted from this Bond shall be deemed to be included herein as if set forth at length. If any provision of this Bond conflicts with any applicable statute,then the provision of said statute shall govern and the remainder of this Bond that is not in conflict therewith shall continue in full force and effect. 11. The term"Bid"as used herein includes a Bid,offer,or proposal as applicable. EJCDC C430 Bid Bond(Penal Sum Form) Prepared by the Engineers Joint Contract Documents Committee. Page 2 of 2 Surety Acknowledgment State of Minnesota } } ss. County of Hennepin } On this 1 Oth day of August 202 bbefore me personally came Heather R. Goedtel, to me known,who being by me duly sworn,did depose and say that she is the Attorney-in-Fact of Liberty Mutual Insurance Company, described in and which executed the above instrument; that she knows the seal of said corporation; that the seal affixed to said instruments is such corporate seal, that it was so affixed by order of the Board of Directors of said corporation, and that she signed her name to it by like order. 14, r Notf Public of"`sr+r•- NICOLE CATHERINE LANGER sue\ Notary Public =a: Minnesota My Commission Expires se,..µ Jan 31,2023 This Power of Attorney limits the acts of those named herein,and they have no authority to bind the Company except in the manner and to the extent herein stated. Lit ,fir �_ Liberty Mutual Insurance Company j Y L. The Ohio Casualty Insurance Company Certificate No: 8205962-190003 West American Insurance Company N POWER OF ATTORNEY KNOWN ALL PERSONS BY THESE PRESENTS:That The Ohio Casualty Insurance Company is a corporation duly organized under the laws of the State of New Hampshire,that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts,and West American Insurance Company is a corporation duly organized under the laws of the State of Indiana(herein collectively called the"Companies"),pursuant to and by authority herein set forth,does hereby name,constitute and appoint, Blake S. Bohlig;Brian D.Carpenter,Craia Olmstead;Heather R.Goedtel;Jessica Hoff;Kelly Nicole Enghauser,Michelle Halter;Nicole Lanuer;Laurie Pflug all of the city of Bloomington state of MN each individually if there be more than one named,its true and lawful attomey-in-fact to make, execute,seal,acknowledge and deliver,for and on its behalf as surety and as its ad and deed,any and all undertakings,bonds,recognizances and other surety obligations,in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons. IN WITNESS WHEREOF,this Power of Attorney has been subscribed by an authorized officer or official of the Companies and the corporate seals of the Companies have been affixed thereto this 15th day of July 2021 . Liberty Mutual Insurance Company PV INSU� P-Vf INS& INSU� The Ohio Casualty Insurance Company �J G°Rao,Iyr y0 y�1 c°ppo�TRgy \VPG_%—R, y.1$ West American Insurance Company J 3 Fom Q3 Foci � = Fo m ui r ; 1912go 0 1919 0 . 1991 o N y � o a Q Yd�s`44 CHU`��.aa SO MA MP`��,aD '(s �N°IANP �a� C U 8j7 * I d �yl * *a �M * �`' BY m t>3 David M.Carey,Assistant Secretary t ca State of PENNSYLVANIA ss County of MONTGOMERY g a 0 3 On this 15th day of Jule 2021 before me personally appeared David M.Carey,who acknowledged himself to be the Assistant Secretary of Liberty Mutual Insurance 0 (0 Company,The Ohio Casualty Company,and West American Insurance Company,and that he,as such,being authorized so to do,execute the foregoing instrument for the purposes therein contained by signing on behalf of the corporations by himself as a duly authorized officer. > N N — IN WITNESS WHEREOF,I have hereunto subscribed my name and affixed my notarial seal at King of Prussia,Pennsylvania,on the day and year first above written. CID 0 O kiSP°Nyy Sp0 Commonwealth of Pennsylvania-Notary Seal �_ ti— r4Q°AN' <r ! Teresa Pastella,Notary Public �1-� m O r" ° S Montgomery County (/ E E O OF My commission expires March 28,2025 1 By: 0 N P Commission number 1126W Q 0 y„r JP,�,� Member,Pennsylvania Associatbn M Notaries eresa Pastella,Notary Public �V y 4? This Power of Attorney is made and executed pursuant to and by authority of the following By-laws and Authorizations of The Ohio Casualty Insurance Company, Liberty Mutual00 0 Insurance Company,and West American Insurance Company which resolutions are now in full force and effect reading as follows: 0 ARTICLE IV-OFFICERS:Section 12.Power of Attorney. $o 40- Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President,and subject to such limitation as the Chairman or the—0— v President may prescribe,shall appoint such attomeys-in-fact,as may be necessary to act in behalf of the Corporation to make,execute,seal,acknowledge and deliver as surety m= a=i any and all undertakings,bonds,recognizances and other surety obligations.Such attomeys-in-fact,subject to the limitations set forth in their respective powers of attorney,shall c 0 have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation.When so executed,such �o m Z 0instruments shall be as binding as if signed by the President and attested to by the Secretary.Any power or authority granted to any representative or attomey-in-fact under the � m provisions of this article may be revoked at any time by the Board,the Chairman,the President or by the officer or officers granting such power or authority. ti—CL ARTICLE All-Execution of Contracts:Section 5.Surety Bonds and Undertakings. Any officer of the Company authorized for that purpose in writing by the chairman or the president,and subject to such limitations as the chairman or the president may prescribe, shall appoint such attomeys-in-fad,as may be necessary to act in behalf of the Company to make,execute,seal,acknowledge and deliver as surety any and all undertakings, bonds,recognizances and other surety obligations.Such attomeys-in-fad subject to the limitations set forth in their respective powers of attorney,shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company.When so executed such instruments shall be as binding as if signed by the president and attested by the secretary. Certificate of Designation-The President of the Company,acting pursuant to the Bylaws of the Company,authorizes David M.Carey,Assistant Secretary to appoint such attomeys-in- fad as may be necessary to ad on behalf of the Company to make,execute,seal,acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Authorization-By unanimous consent of the Company's Board of Directors,the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the Company,wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds,shall be valid and binding upon the Company with the same force and effect as though manually affixed. I,Renee C.Llewellyn,the undersigned,Assistant Secretary,The Ohio Casualty Insurance Company,Liberty Mutual Insurance Company,and West American Insurance Company do hereby certify that the original power of attorney of which the foregoing is a full,true and correct copy of the Power of Attorney executed by said Companies,is in full force and effect and has not been revoked. IN TESTIMONY WHEREOF,I have hereunto set my hand and affixed the seals of said Companies this loth day of August , 2021 P�INSU� P�(V INS& \NSU� J °ltvor� L J onPo�r Qy VP oitPOm L s 1912 c 0 1919 : 1991 c I. o a By: y rdd�sgcttu5�da Z� hAwvS�4 dLr rr �NotnNP aa� Renee C.Llewellyn,Assistant Secretary �M * LMS-12873 LMIC OCIC WAIC Multi Co 02121