THE AMERICAN INSTITUTE OF ARCHITECTS <br />AIA Document M10 <br />Bid Bond <br />I~l~~1N[~ MEN BY THESE PRESENTS, that we John Hyland Const., Inc. <br />OX 7 Mare tnstri toll name and iddret/ or leyt title of eonlracso ) <br />Eugene, Oregon 97401 <br />as Principal, hereinafter called the Principal, and. Liberty Mutual Insurance Company <br />1601 Fifth Ave., Suite 2070 lHers )Man full name and addml or Ieyl 1111f of s,r,.r,l <br />Seattle, Wa. 98101 <br />a corporation duly organized under the laws of the State of Ma <br />as Surety, hereinafter tolled the Surety, are held and firmly bound unto City of. Eugene <br />99 East Broadway Suite 400 <br />Eugene Oregon 97401 <br />as Obligee, hereinafter called the Obligee, In the.sum of ten percent of the amount bid---------------- <br />Dollars (s 10010 for the Payment of which sum well and truly to be made, the said Principal and the said Surrty, bind <br />ourselves, our heirs, executors, adminlstratori, successors and assigns, Jointly and severally, firmly by <br />these presents. . <br />WHEREAS, the Principal has submitted a bid fbr <br />(Hen Ingn lull n+me, addrsK and dcKrlptlon of project) <br />Life Flight Helipad at Firestation #2, Project #4656 <br />NOW, THEREFORE, If the Obligee thail accept the bid of the Principal and The Principal shall enter Into a Contract <br />with the Ob)laee in iccordance with the terms of such bid, and give such bond or bonds as may be spedned In the btdd)ns <br />or Contract Documents with good and sufficient surely for the faithful performance of such Contract end for th1 prompt <br />payment of labor and material famished In the prosecution thereof, or in the oyent of the failure.of the Principal to enter <br />such Contract and g)vt rvch bond or bonds, if the Principal shall pay to the Opligee the d+fference not to excied the penalty <br />heroof between the amount specifed in said bid and such Ittr6cr s'movnt for which the OCtigee may In good 12111% contract <br />with another party to perform the work covered by said bid, then this obligation shall be null and void, otherwise to remain <br />in full force and effect. <br />Signed and sealed this 6th day of October, 2009 <br />John Hyland Const., Inc. <br />By: tPrfT~c+paf) <br />Mike Kehoe rwltneaa) By: <br />Jo Hyland Titlel <br />Liberty Mutual Insurance C+ <br />T (Surety) <br />eri ome5wru%ess By: _ <br />(Title) <br />Margaret H ffma Attorney-I <br />AIA DOCUhW NT A70 • 810 90NO • nth ® • ►EDEUARY 1970 ID • THE AW <br />INSTITUTE OF MCHIT(0% 17)9 N.Y. AVE., N,W., WASHINGTON, O.C. <br />(sear) <br />ident <br />(Sear] <br />