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BID BOND <br />KNOW ALL MEN BY THESE PRF.SE1N'rs'1'1-lAT Bordeaux Construction Company, Inc. as <br />principal, and Travelers Casualty and Surely Company of America, as surety, who is duly licensed to act as surety <br />in North Carolina, are held and firmly bound unto the State t„ North Carolina through Orange County, NC as obligee, <br />in the penal sum of Five Percent of Amount Bid ( * *5°i., *`°) DOLLARS, lawful money of the United States of <br />America, for the payment of which, well and truly to be made, we bind ourselves, our heirs, executors, administrators, <br />successors and assigns, jointly and severally, firmly by these presents. <br />Signed, sealed and dated this 22ND day of FEffup m 12007. <br />WHEREAS, the said principal is herewith submitting proposal for <br />Orange County Justice Expansion, Public Market House & River Park <br />And the principal desires to file this bid bond in lieu of making the cash deposit as required by G.S. 143 -129. <br />0 <br />NOW, THEREFORE, THE CONDITION OF THE ABOVE OBLIGATION is such, that if the <br />principal shall be awarded the contract for which the bid is submitted and shall execute the contract and give bond for <br />the faithful performance thereof within ten days after the award of same to the principal, then this obligation shall be <br />null and void; but if the principal fails to so execute such contract and give performance bond as required by G.S, 143- <br />129, the surety shall, upon demand, forthwith pay to the obligee the amount set forth in the first paragraph hereof. <br />Provided further, that the bid may be withdrawn as provided by G.S. 143 -129.1 <br />it <br />BORDEAUX CONSTRUCTION COMPANY, INC <br />(Seal) <br />BY(�� <br />. Tt12 BO1M4EX, A P <br />TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA <br />Donna K. Ashley, Attorney- In -Fac <br />