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DocuSign Envelope ID: F8FCAFA8-FBB2-47AF-964F-11 E53C70E4A1 <br /> FORM OF BID BOND <br /> KNOW ALL MEN BY THESE PRESENTS THAT <br /> Owens Roofing Inc. as <br /> principal, and Western Surety Company as surety, <br /> who is duly licensed to act as surety in North Carolina, are held and firmly bound unto <br /> Orange County ^_ as obligee, in the penal <br /> SUM of Five Percent of Amount Bid ( 5% ) DOLLARS, <br /> lawful money of the United States of America, for the payment of which, well and truly to be <br /> made, we bind ourselves, our heirs, executors, administrators, successors and assigns, <br /> jointly and severally, firmly by these presents. <br /> Signed, sealed and dated this 23rd day of December 2014 <br /> WHEREAS, the said principal is herewith submitting proposal for <br /> Roof Replacement Sector A Skills Development Center <br /> and the principal desires to file this bid bond in lieu of making the cash deposit as required <br /> by G,S. 143-129, <br /> NOW, THEREFORE, THE CONDITION OF THE ABOVE OBLIGATION is such, that <br /> if the principal shall be awarded the contract for which the bid is submitted and shall <br /> execute the contract and give bond for the faithful performance thereof within ten days <br /> after the award of same to the principal, then this obligation shall be null and void; but if the <br /> principal flails to so execute such contract and give performance bond as required by G.S. <br /> 143-129, the surety shall, upon demand, forthwith pay to the obligee the amount <br /> in the first paragraph hereof, Provided further, that the bid may be withdrawn <br /> by G.S. 143.129.1 <br /> Owens Roofing Inc. <br /> By, (SEAL) <br /> PAL � . <br /> Yea Western Surety Company _ _...___ (SEAL) <br /> t/!{1111!{11F+" °-'7' L-j <br /> Bobbi D. Pendleton Aftorney-in-Fact <br />