Exhibit C-Bid Bond Form.pdf

BID BOND

KNOW ALL MEN BY THESE PRESENTS that_____________________________________________ of ________________________________, as Principal, and ___________________________________, a

Corporation duly organized under the laws of the State of ________________, and authorized to transact business in the State of Colorado, as Surety, are held and firmly bound unto the Adams 12 Five Star Schools, 1500 E. 128th Ave., Thornton, CO 80241, as Obligee, in the full and just sum of ___ percent (__%) of the Principal's total bid price, lawful money of the United States, for the payment of which sum, well and truly to be made, the Principal and the Surety bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.

WHEREAS, the said Principal is herewith submitting its proposal for the construction of: [DESCRIPTION OF THE

WORK OR PROJECT] and in accordance with the Request for Proposals/Advertisement for Bids, together with the obligations of the associated applicable Contract Documents, all of which are collectively referred to herein as the

"Contract" and are incorporated by this reference; and

WHEREAS, the Obligee has required that said proposal be accompanied by a Proposal Guarantee in an amount not less than ___ percent (__%) of the Principal's total bid price in fulfillment of which requirement this Bid Bond is made, executed and delivered.

NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION is such that if the aforesaid Principal shall be awarded the Contract, the said Principal will, within the time required, enter into a formal contract and give good and sufficient bonds to secure the performance of the terms and conditions of the Contract and the prompt payment of labor and material furnished in the prosecution thereof, then this obligation shall be void; otherwise upon demand by

Obligee, the Principal and Surety will pay unto the Obligee the above-referenced amount as Liquidated Damages.

The Surety, for value received, hereby stipulates and agrees that the obligation of said Surety and its bond shall in no way be impaired or affected by any extension of the time within which the Obligee may accept such bid, and said

Surety does hereby waive notice of any such extension.

Signed, sealed, and delivered ___________________________.

(Date)

IN WITNESS WHEREOF, the Principal and Surety have signed this Bid Bond as of the ______ day of

_____________, 201__.

ATTEST: _______________________________

______________________________ By: ____________________________

(Principal)

(SEAL) Address:_________________________

ATTEST: _______________________________

______________________________ By: ____________________________

(Surety)

(SEAL) Address: _________________________

Telephone No.: _____________________

Fax No.: _________________________

Exhibit C

This Bond must be accompanied by a current Power of Attorney

Failure to provide a properly executed, qualifying, and complete Bid Bond and Power of Attorney will result in the

Principal’s proposal/bid being deemed unresponsive.

THIS BOND will be acceptable only if issued by an insurer rated not less than A- in Best's Insurance Guide, and have a Best's Financial Rating of at least Class X.

END OF BID BOND