A-4.1
BID BOND
KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned, ELECTRICAL INSTALLATIONS,
INC, -
397 Whittier Highway, Moultonboro, NH 03254 ; __ as Principal, and
NORTH AMERICAN SPECIALTY INSURANCE COMPANY, AGENCY: P.O. Box as Surety, are hereby
$11, Concord, NH
held and firmly bound unto CITY OF NASHUA, DIVISION OF PUBLIC WORKS, 9 as OWNER
Riverside Street, Nashua, NH 03060
In the penal sum of FIVE PERCENT OF AMOUNT BID (5% OF AMOUNT BID)
for the payment of which, well and truly to be made, we hereby jointly and severally bind
ourselves, successors and assigns.
Signed, this 10th day of October, 2017 —
The Condition of the above obligation is such that whereas the Principal has submitted to
CITY OF NASHUA, DIVISION OF PUBLIC WORKS
A certain BID attached hereto and hereby made a part hereof to enter into a contract in writing for
the WASTEWATER TREATMENT FACILITY SCADA SYSTEM UPGRADES PROJECT
NOW THEREFORE,
(a) If said BID shall be rejected or
(b) If said BID shall be accepted and the Principal shall execute and deliver a contract in the Form
of Contract attached hereto (Properly completed in accordance with said BID) and shall
furnish a BOND for faithful performance of said contract, and for the payment of all persons
performing labor or furnishing materials in connection therewith, and shall in all other-respects
perform the agreement created by the acceptance of said BID, then this obligation shall be
void, otherwise, the same shall remain in force and effect; it being expressly understood and
agreed that the liability of the Surety for any and all claims hereunder shall, in no event,
exceed the penal amount of this obligation as herein stated.
