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DocuSign Envelope ID: B49FB256 -4ADF- 4759- AF63- 134AD44FC239 <br />FORM OF BID BOND <br />KNOW ALL MEN BY THESE PRESENTS THAT <br />The Century Slate Company as <br />principal, and FCCI Insurance Company , as surety, who is <br />duly licensed to act as surety in North Carolina, are held and firmly bound unto <br />Orange County, NC _ _ as obligee, <br />in the penal Sum of Five Percent of Amount Bid 5% DOLLARS, lawful money of <br />the United States of America, for the payment of which, well and truly to be made, we bind <br />ourselves, our heirs, executors, administrators, successors and assigns, jointly and <br />severally, firmly by these presents. <br />Signed, sealed and dated this 8th day of February 2018 <br />WHEREAS, the said principal is herewith submitting proposal for <br />Slate Roof Replacement at Orange County 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 after <br />the award of same to the principal, then this obligation shall be null and void; but if the <br />principal fails 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 set forth in <br />the first paragraph hereof. Provided further, that the bid may be withdrawn as provided by <br />G.S. 143- 129.1 <br />The Century Slate Compa <br />(SEAL) <br />By: SEAL) <br />FCCI Insurance Compan <br />(SEAL) <br />(SEAL) <br />By: � '� (SEAL) <br />Michelle A. Adams Attorney -in -Fact <br />�I:t� ►�LI;�3U] IrI�l� <br />