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BID BOND
KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned,
Southworth- Milton, Inc. DBA Milton CAT as Principal, and
Travelers Casualty and Surety Company of America as Surety, are hereby
held and firmly bound unto _City of Nashua as OWNER
7 the penal sum of Five Percent (5%) of the Amount B16 2 et ee et a kab ob aba BSE EEE ob bab ab oe
for the payment of which, well and truly to be made, we hereby jointly and severally bind
ourselves, successors and assigns.
Signed, this 17th day of April, 2018
The Condition of the above obligation is such that whereas the Principal has submitted to
City of Nashua
a certain BID, attached hereto and hereby made a part hereof to enter into a contract in writing, for
the Two (2) Caierpillar G3406 225 KW Digester System with BOP - IFB0501-041718
Energy Generator Procurement
NOW, THEREFORE,
(a) Ifsaid BID shall be rejected, or
(b) Ifsaid BID shail 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 shail
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.
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