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;nSC INSCO INSURANCE SERVICES, INC. <br /> ~'~O Underwriting Manager for: <br /> 0 0 ~p Developers Surety and Indemnity Company <br /> Indemnity Company of California <br /> 17780 Fitch, Suite 200 • Irvine, California 92614 • (949) 263-3300 <br /> <br /> i <br /> BID OR PROPOSAL BOND -PUBLIC WORK <br /> KNOW ALL MEN BY THESE PRESENTS: <br /> That we, SCOTT BROWN CONSTRUCTION INC (hereinafter <br /> called principal), as principal, and DEVELOPERS SURETY AND INDEMNITY COMPANY ~ a <br /> corporation authorized to transact a general surety business in the State of OREGON , as <br /> Surety, are held and firmly bound unto CITY of EUGENE <br /> (hereinafter call the Obligee), in the just and full sum of <br /> TEN PERCENT OF THE AMOUNT BID <br /> Dollars (~o% lawful money of the United States of America, for the payment <br /> of which, well and truly to be made, we hereby bind ourselves and our heirs, executors, administrators <br /> and each of our successors and assigns, jointly and severally, firmly by these presents. <br /> THE CONDITION OF THIS OBLIGATION IS SUCH THAT, WHEREAS, the above bounden principal <br /> as aforesaid, is about to hand in and submit to the obligee a bid or proposal for the <br /> FIRE STATION 8, BERNTZEN RD, EUGENE. PARKING LOT RESURFACING. JOB # 4595 <br /> in accordance with the plans and specifications filed in the office of the obligee and under the notice <br /> inviting proposals therefore. <br /> NOW THEREFORE, the condition of this obligation is such that if said contract be awarded to the Principal <br /> and the Principal shall, within such time as may be specified, enter into the contract in writing, and give <br /> bond or bonds for the faithful performance of said contract as specified in the bidding or contract documents; <br /> or if the Principal shall fail to do so, pay to the Obligee the damages which the Obligee may suffer by <br /> reason of such failure, not exceeding the penalty of this bond, then this obligation shall be void; otherwise <br /> to remain in full force and effect. <br /> IN WITNESS WHEREOF, said Principal and said Surety have caused these presents to be duly signed <br /> and sealed this 27TH day pf APRIL ~ 2009 <br /> YEAR <br /> SCOTT BROWN CONSTRUCTION INC <br /> Principal (Seal) <br /> By: <br /> DEVELOPERS SURETY AND INDEMNITY COMPANY <br /> Surety (Seal) <br /> By: ~ <br /> KRI 1 POWELL Attorney-in-Fact <br /> ID-1178 (ORMIA) {Rev. 1/01) <br /> <br />