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THE AMERICAN INSTITUTE OF ARCHITECTS <br />El <br />AIA Document A310 <br />Bid Bond <br />KNOW ALL MEN BY THESE PRESENTS, that we <br />(Here insert full name and address or legal title of Contractor) <br />KNIFE RIVER CORPORATION-NORTHWEST, 32260 OLD HIGHWAY 34, TANGENT, OR 97389 <br />as Principal, hereinafter called the Principal, and <br />(Here insert full name and address or legal title of Surety) <br />LIBERTY MUTUAL INSURANCE COMPANY BOSTON, MASSACHUSETTS <br />a corporation duly organized under the laws of the state of MASSACHUSETTS <br />as Surety, hereinafter called the Surety, are held and firmly bound unto <br />(Here insert full name and address or legal title of Owner) <br />CITY OF EUGENE, 99 EAST BROADWAY SUITE 400, EUGENE, OREGON 97401 <br />as Obligee, hereinafter called the Obligee, in the sum of <br />TEN PERCENT (10%) OF BID AMOUNT*************.** Dollars ($10% OF BID*), <br />for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind <br />ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by <br />these presents. <br />WHEREAS, the Principal has submitted a bid for <br />(Here insert full name, address and description of project) <br />2010 PAVEMENT PRESERVATION PROGRAM BID NUMBER 8, JOB #4637 &#4435 <br />PPP VALLEY RIVER DRIVE AND GOODPASTURE ISLAND ROAD FROM WILLAGILLESPIE ROAD <br />TO DELTA PONDS JOB # 4637 <br />GOODPASTURE ISLAND ROAD FROM DELTA HIGHWAY TO KINGSLEY ROAD JOB #4435 <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract <br />with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding <br />or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt <br />payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter <br />such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty <br />hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract <br />with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise to kemain <br />in full force and effect. <br />Signed and sealed this 15TH day of <br />APRIL, 2010. <br />44 ~j <br />( itle) EN FR" <br />LIBERTY MUTUAL INS APANY <br />(S re (Seal) <br />V(J (Witness) <br />EDDA J. ZERKEL KING HElD1 L. SMITH (Tide) ATTORNEY-IN-FACT <br />AIA DOCUMENT A310 • BID BOND • AIA B • FEBRUARY 1970 ED • THE AMERICAN <br />INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D C. 20006 <br />e KNIFE RIVER CORPORATION-NORTHWEST <br />CL~CX-C-~ (S (Pr' (Seal) <br />(Witn <br />0 Printed on Recycled Paper 9/93 <br />