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  2. Finance Committee - Agenda - 4/3/2019 - P67

Finance Committee - Agenda - 4/3/2019 - P67

By dnadmin on Mon, 11/07/2022 - 13:07
Document Date
Fri, 03/29/2019 - 13:34
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 04/03/2019 - 00:00
Page Number
67
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__040320…

BID BOND

Add ROSS :

KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned,

as Principal, and

as Surety, are hereby
held and firmly bound unto _City of Nashua, New Hampshire as OWNER.

in the penal sum of

for the payment of which, well and truly to be made, we hereby jointly and severally bind

ourselves, successors and assigns.

Signed, this day of

The Condition of the above obligation is such that whereas the Principal has submitted to

a certain BID, attached hereto and hereby made a part hereof to enter into a contract in writing, for

the

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 lability of the Surety for any and all claims hereunder shall, in no event,

exceed the penal amount of this obligation as herein stated.

Page Image
Finance Committee - Agenda - 4/3/2019 - P67

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