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THE AMERICAN INSTITUTE OF ARCHITECTS <br />i <br />AIA Document A310 <br />Bid Bond <br />KNOW ALL MEN BY THESE PRESENTS~ that we <br />JO~"lIl }{y1c171C1 L'0115t. ~ II1C. (He~einsartlullnameandadEressorlegaltilleotCanVactoQ <br />P.O. Box 7867, Eugene, OR 97401 <br />as Principal, hereinafter called the Principal, and <br />(Mem insartlall name anE adEress or lagal Rle olSUre~y) <br />Liberty Mutual Insurance Company <br />10900 NE 4th Suite 1020, Bellevue, WA 98004 9646 <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 />[~clT10I1 COl.1Tlt}~ (Ha~ai05BlIIuIIndTBd~l~addlB550fIegal4tIBOIQvflel~ <br />100 High Street, Salem, OR 97301 <br />as Obligee, hereinafter called the Obligee, in the sum of <br />Ten Pexcent ( loo ) of Total Amount Bid <br />Dollars ($ ), <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, adminisVators, successors and assigns, jointly and severally, firmly by <br />tliese presents. <br />WHEREAS, the Principal has submi[ted a bid for <br />(Hare InseR/ull name, address and dascnptional pmjecl) <br />Cou=t House Square Transit Mall <br />NOW, THEREFORE, i( the Obligee shall accept lhe bid of the Principal and ~he Principal shall enler inro a Contrac[ wilh <br />lhe Obligee in accordance wi[h [he lerms of such bid, and give such bond or bonds as may be specifed in [he bidding or <br />Conhac[ Documenls wilh good and suHicient surety for Ihe failhful per(ormance o( such Conlrac[ and for the prompt <br />payment of labor and ma[erial furnished in lhe pmsecution lhereof, or in the event of [he failure o( lhe Principal lo enler <br />such Contract and give such bond or bonds, if the Principal shall pay lo lhe Obligee the differenw nol [o ezceed lhe <br />penalty hereof 6elween the amoun~ specified in said bid and such larger amount for which the Obligee may in good failh <br />mnlmc~ wilh another party lo perform lhe Work covered by said bid, lhen this obliga[ion shall be null and void, otherwise <br />lo remain in fiill (orce and effec[. <br />Signed and sealed this 4 day of February 1999 <br />John Hyland Const., Inc. <br />~ ~ / , -/ ` _ ~/ , , (Printip I) ~Seal) <br />'~'t/Ytil1. V~ Y1.1Nl.ri~i~, <br />(Wilness) ~jyy ~w <br />an Houten / VEi~~) President <br />Libexty Mutual Insurar.ce <br />~ <br />Beveiley Verl~ani <br />Attoiney In Fact <br />WC0059 ~ BID BOND ' AIA V' FEBFIUARY 19]0 ED ' TME AMERICAN <br />INSTiTUTE OF ~RGHITECTS, V35 N.Y. nVE., N W_, WASHINGTON, D.G 20006 <br />