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BID BOND TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA <br /> Hartford, Connecticut 06183 <br /> Babb Construction Co., dba Delta <br /> KNOWN ALL BY THESE PRESENTS, That we, Construction Co., dba Delta Concrete , as <br /> Principal, and Travelers Casualty and Surety Company of America, as Surety, are held <br /> and firmly bound unto city of Eugene , as Obligee, <br /> in the sum of Ten Percent of Amount Bid Dollars 10% ) <br /> <br /> for the payment of which we .bind ourselves, and our successors and assigns, jointly <br /> and severally, as provided herein. <br /> WHEREAS, Principal has submitted or is about to submit a bid to the Obligee on a <br /> COntraCt fOr Chad Drive Extension -Job #3923 <br /> ("Project"). <br /> NOW, THEREFORE, the condition of this bond is that if Obligee accepts Principal's bid, <br /> and Principal enters into a contract with Obligee in conformance with the terms of the <br /> bid and provides such bond or bonds as may be specified in the bidding or contract <br /> <br /> documents, then this obligation shall be void; otherwise Principal and Surety will pay to <br /> Obligee the difference between the amount of Principal's bid and the amount for which <br /> Obligee shall in good faith contract with another person or entity to perform the work <br /> covered by Principal's bid, but in no event shall Surety's and Principal's liability exceed <br /> <br /> the penal sum of this bond. <br /> Signed this 14th day of May 2009 . <br /> Babb Construction Co., dba Delta Construction Co., dba Delta Concrete <br /> (Principal) <br /> By: V~• <br /> Travelers Casualty and Surety Company of America <br /> ~ ~ <br /> ~ <br /> ~ a 3 ~ n : + + U <br /> r <br /> ~ <br /> ~e~aN45llyw~cp ,r' <br /> 1J1'fi7,=A{~ BV ~~c"."d'1/°d'~ E/(., / S/fl/`~i't~U+/•` ~ <br /> ss <br /> - Rachel A. Mullen Attorney-in-Fact <br /> m~~mrti~ <br /> ~~ti,~a <br /> <br />