Fillable Dowd007354 NOTE: BIDDER MUST USE THIS FORM

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Dowd007354 NOTE: BIDDER MUST USE THIS FORM

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NOTE: BIDDER MUST USE THIS FORM
BID BOND
KNOW ALL MEN BY THESE PRESENTS:
THAT____________________________________________________________________________________________
__________________________________________________________________________________ (hereinafter called
the principal), as principal and_________________________________________________________________________
________________________________________________________________________________________________ a
corporation organized and doing business under and by virtue of the laws of the State of ________
______________________________, and duly licensed for the purpose of making, guaranteeing or becoming sole surety
upon bonds or undertakings required or authorized by the laws of the State of California, as Surety, are held and firmly
b
ound unto the City of Oakland, a municipal corporation, (hereinafter called the Obligee) in the just and full
sum of____________________________________________________________________________________________
_______________________________________________________________Dollars ($ ) lawful
money of the United States of America, for the payment of which, well and truly to be made, we hereby bind ourselves
and each of our successors and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF
THIS OBLIGATION IS SUCH THAT, WHEREAS, the above bounden principal as
aforesaid, is about to hand in and submit the oblige a bid or proposal for
In accordance with the plans and speci
fications filed in the office of the obligee and under the notice inviting proposals
therefore.
NOW, THER
EFORE, if the bid or proposal as submitted by the said principal shall be accepted, and the contract for such
work or supplies be awarded to the principal, and the said principal shall fail, neglect or refuse to enter into a contract to
perform said work or deliver said supplies, and furnish good and sufficient bond therefore, then the amount of this bond
shall be declared to be forfeited to said oblige City of Oakland as liquidated damages, it being agreed that said City will
suffer damages as a result of such failure, neglect or refusal of the principal and that such damages are and will continue
to be, impracticable and extremely difficult to determine.
IN WITNESS WHEREOF,
said Principal and said Surety have caused these presents to be duly signed and sealed
this _________________ day _ of _________________ A.D., 2015
B
y
A
ttorney-in-Fact
(Acknowledgment of Surety is required.
See reverse side.)
ACKNOWLEDGMENT
State of California
County of ___ ___________________) _______
me
r sig
han
___
BID BOND
On __________________________ before me, _____________________________________________
(Insert name and title of the officer)
person
ally appeared ______________________________________________________________,
who proved to on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within
instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that
by his/her/thei nature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted,
executed the instrument.
I certify under PENALTY OF PERJURY
under the laws of the State of California that the foregoing paragraph is true and
correct.
WITNESS m
y d and official seal.
Signature ___ ________________________ (Seal)
to
CITY OF OAKLAND
A Municipal Corporation
Dated _______________, 2015
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Dowd007354 NOTE: BIDDER MUST USE THIS FORM

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Completed 9 March 2020

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