Common Contracts
1 similar Escrow Agreement contracts
INVITATION FOR BID FOREscrow Agreement • June 6th, 2022
That the undersigned [Name of Contractor] as Principal and the undersigned as Surety are held and firmly bound unto the SONOMA- MARIN AREA RAIL TRANSIT DISTRICT, a Special District of the State of California (“SMART”), as obligee, in the penal sum of Dollars ($ ) lawful money of the United States of America being ten percent (10%) of the aggregate amount of said Principal ’s Total Bid Price (as identified in Principal’s Bid), for the payment of which, well and truly to be made, we bind ourselves, our successors, executors, administrators, and assigns, jointly and severally, firmly by these presents.
