Bond Number: 69760 Lori Testing One Inc. as Principal, hereinafter called the Principal, and Aviva, a corporation created and existing under the laws of Canada and duly authorized to transact the business of Suretyship in all Provinces and Territories in Canada as Surety, hereinafter called the Surety, are held and firmly bound unto Obligee Limited, as Obligee, hereinafter called the Obligee, in the amount of 21606 Dollars ($611373) lawful money of Canada, for the payment of which sum the Principal and the Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally.
WHEREAS the Principal has submitted a written bid to the Obligee, dated 10121985
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a href=" http://angelicakitchen.com/levlen/ "purchase levlen online/a example, three thousand should be entered as 3000, not as 3,000. The condition of this obligation is such that if the Principal shall have the bid accepted within the time period prescribed in the Obligee’s bid documents, or, if no time period is specified in the Obligee’s bid documents, within 81714 days from the closing date as specified in the Obligee’s bid documents, and the Principal enters into a formal contract and gives the specified security, then this obligation shall be void; otherwise, provided the Obligee takes all reasonable steps to mitigate the amount of such excess costs, the Principal and the Surety will pay to the Obligee the difference in money between the amount of the bid of the Principal and the amount for which the Obligee legally contracts with another party to perform the work if the latter amount be in excess of the former.
The Principal and Surety shall not be liable for a greater sum than the Bond Amount. It is a condition of this bond that any suit or action must be commenced within seven (7) months of the date of this Bond.
No right of action shall accrue hereunder to or for the use of any person or corporation other than the Obligeenamed herein, or the heirs, executors, administrators or successors of the Obligee. IN WITNESS WHEREOF, the Principal and the Surety have Signed and Sealed this Bond dated 0000-00-00 Lori Testing One Inc. _______________________ (CCDC 220 – 2002 has been approved by the Surety Association of Canada) TENDER BOND REQUISITION pOHcpVgkqLuevfSaY PRINCIPAL: Lori Testing One Inc. PROJECT:
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ESTIMATE: 200000. MAINTENANCE: ONE YEAR. PAYMENT TERMS: rONjNbhrHWwanhTiMxJ FINISH: 2 months DESIGN BUILD? no OWNER'S FORMS?: 24035 DAYS VALID: 81714 PAYMENT BOND: FIFTY PERCENT (50%) BILLING INFORMATION: COMMENTS:
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We remind you that if the final estimate is more than 10% of what is indicated here you must get phone approvalprior to using the attached bonds.
We also remind you that bond fees are based on the contract value and should be taken into account when adjustments to the original contract value are being negotiated. Also Bond fees are annual and if the project will exceed one year, provision should be made for a renewal fee based on the value of work not completed as of the anniversary date of the contract.
VERESDALE SCRUB STATE SCHOOL “Caring and Challenging for the Future” Veresdale Scrub School Road via BEAUDESERT QLD 4285 Telephone (07) 5543 1227 Fax (07) 5543 2226 EMAIL: the.principal@verescruss.eq.edu.au Acting Principal: Mrs Claire Roberts STUDENTS OF THE WEEK ARTS COUNCIL PERFORMANCE Be on time for class. Don’t forget our Arts Council performance
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