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<br /> <br />00300 - 15/26 <br />BID BOND <br /> <br /> <br />STATE OF _________________ ) <br /> ) SS: <br />COUNTY OF _______________ ) <br /> <br /> <br /> <br /> KNOW ALL MEN BY THESE PRESENTS, that we,______________________________ <br /> <br />_______________, as principal, and________________________________________________ <br /> <br />_______________, as Surety, are held and firmly bound unto the City of Sunny Isles Beach, (hereinafter <br />called “the City”), a municipal corporation of the State of Florida in the penal sum of <br />______________________________________________________________________________ <br /> <br />Dollars ($_____________________), lawful money of the United States, for the payment of which sum well <br />and truly to be made, we bind ourselves, our heirs, executors, administrators and successors jointly and <br />severally, firmly by these presents. <br /> <br /> THE CONDITION OF THIS OBLIGATION IS SUCH that whereas the principal has submitted the <br />accompanying bid, dated_____________________________, 20___. <br /> <br />For:__________________________________________________________________________ <br /> <br />_____________________________________________________________________________ <br /> <br /> NOW, THEREFORE, <br /> <br />(a) if said bid shall be rejected, or <br /> <br />(b) if said bid shall be accepted and the Principal shall properly execute and deliver to <br />said City the appropriate Contract Documents, and shall in all respects fulfill all terms and <br />conditions attributable to the acceptance of said bid, <br /> <br />Then this obligation shall be void. Otherwise, it shall remain in force and in effect, being expressly <br />understood and agreed that the liability of the Surety for any and all claims hereunder shall in no event <br />exceed the amount of this obligation as herein stated. <br /> <br />The Surety, for value received, hereby agrees that the obligations of said Surety and/or its bond shall in no <br />way be impaired or affected by any extension of time within which the City may accept such bid; and said <br />Surety does hereby waive notice of any extension. <br /> <br />IN WITNESS HEREOF, the above bonded parties have executed this instrument under their several seals <br />this____________ day of______________________, 20___, the name and the corporate seal of each <br />corporate party being hereto affixed and these presents being duly signed by its undersigned <br />representative. <br />