Common Contracts
1 similar Bid Bond contracts
BID BONDBid Bond • March 11th, 2013
That ______________________________ hereinafter referred to as the "Principal," and ______________________________, a corporation organized and existing under the laws of the State of __________________, with its principal office in the City of_________________ and authorized to transact business in this State and U. S. Department of the Treasury Listed, (Circular 570, Companies Holding Certificates of Authority as Acceptable Securities on Federal Bonds and as Acceptable Reinsuring Companies); hereinafter referred to as the "Surety," are held and firmly bound unto UTAH VALLEY UNIVERSITY, hereinafter referred to as the "Obligee," in the amount of $__________________ (5% of the accompanying bid), being the sum of this Bond to which payment the Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
