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HomeMy WebLinkAboutIntermodal Facility AIA Document A310 - 1970 Bid Bond I I I I I I I I I I I I I I I I I I I Ii> AlA Document A310™ Bid Bond KNOW ALL MEN BY THESE PRESENTS, that we (Here insert full name and address or legal title of Contractor) as Principal, hereinafter called the Principal, and (Here insertfull name and address or/egal title of Surety) a corporation duly organized under the laws of the State of~WA1I! as Surety, hereinafter called the Surety, are held and firmly bound unto (Here insert full name and address or legal title of Owner) as Obligee, hereinafter called the Obligee, in the sum of ($ for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has submitted a bid for (Here insert full name, address and description of project) NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect. 1970 : ADDITIONS AND' Di;:LEiftONS":" , , ;Th~ autho~ of this document ;hai added info~mation !ne~ded for its completion. 'Th'~ author may also have ;fe~ised the ~.:::,t of the jo~~ginal AlA standard form. jAn :Additionk and Deletions . i ,i JReAort that!no~es added jinformation:aslwell as ;re~isions tb t~e standard i fortnhtext"i.k aV-'lilablEL.1rolTl lthe autho~ and should be 'tevjJ'!Wl'!ct.;,..n"'M' .,,, This document has important legal consequenc~.p"'"'" . Consul tatio!J....wf"th an ""^. attor'}t::,y"f"s enspuraged with .r;.espect tp...it-s cjompletion jor modlfication{ , 1 .' ''''~~. .,." , -'i. -~ .........',.~-~",....",y'.~'~ ..U ELECTRONIC COPYING of any portion of this All',' Document to another elect~onic file is prohibited and constitutes a violation of copy~ight laws as set fo~th in the footer of this document. AlA OOcument A310D' - 1970. Copyri9ht @ 1963 and 1970 by The: AmericClrl Institute of Architects. All rignts :t'eserved. W.l\RNING: This AIAtl Docum~nt is protected by u.s. Copyright Law and International Trea.ties. Unauthorized. reproductiQn or distt'ibution of this AlAe Document, or any portion of it, may result in aeVe~e civil and c~i~inal p&n~lti8s, and will be prosecuted to th~ maximum ext~nt possible under the la.w. This draft was produced by AlA, software at 10:53:01 on 04/09/2007 under Order No.l0002594:l2 1 which expires oIi ~/lfj/2007, and is not for resale. - User Not~s: (1497218005) 1 Signed and sealed this day (Witness) (Witness) ~M'~lm~tr4$c~~~~.!Jkl:~'fr~~titt~~~f"~#J7!fIr~%~!j~ (Principal) (Seal) (Title) (Seal) .' I I I I I I I I I I I I I I I I I I ./ AlA DOclJm&nt A31(1Dl - 1970. Copyright e 1963 a.nd 1970 by The Ame:riC:.:Hl In.stitute of Architects. All rights t"~.!;Ierved. WARNING:: OocUitlent is protected by U.S. Copyright La.w and Int@,rnational Trea.tiI5;l:B. l)nauthori~ed reproduction or distribution of this 1t!A- or any portion of it, may re$ult in ~eve~e civil and cri~nal penalti@s, and will be prQsecuted to the mdximum extent possible law. This draft WaS ptoduced by AlA 50llware at 10:53:01 on 04/09/2007 und~r order No.100025942~ 1 which expires on 9/18/2007, fOL r.esale. - USIilt' Notes: This AlA. Oocumen t , under; thtil i::!nd .is not (14972180051 2 I