RFP 50011_Exhibit E-1 - Change Rider.pdf

This document is a Change Rider (Exhibit E-1) form for a Performance and Payment Bond associated with the City and County of Denver's procurement process. The form is a standard template designed to document modifications to an existing bond, with checkboxes allowing for potential changes such as increasing or decreasing bond penalty, changing the principal's name or address, or adjusting effective and expiration dates. The document appears to be part of the administrative documentation for the On-Call Environmental Abatement Services contract, which involves services for abatement, remediation, and management of hazardous building materials and contaminated soils.

The Change Rider serves as a mechanism for the surety (insurance provider) to consent to specific alterations in the original bond's terms while maintaining the core agreements, limitations, and conditions. By providing this flexibility, the document allows for necessary administrative adjustments during the contract process without invalidating the underlying performance and payment guarantees. The form requires signatures from the surety's representative, a witness, and must be accepted by the obligee (City and County of Denver), ensuring a formal and documented process for any bond modifications.