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DocuSign Envelope ID:98CAB32E-1814-4C97-B61E-B14BE79B81EA <br /> r <br /> Orange County,North Carolina <br /> Lake Orange Erosion Control Barrier Replacement <br /> BID BOND <br /> KNOW ALL MEN BY THESE PRESENTS,that we, FSC II, LLC dba Fred Smith Company <br /> (Bidder's Name) <br /> of <br /> 701 Corporate Center Drive, Suite 101, Raleigh, NC 27607 <br /> (Street Address) (City, State,Zip) <br /> hereinafter called the Principal,and Western Surety Company <br /> of <br /> (Surety's Name) <br /> 151 N. Franklin Street, Chicago, I L 60606 a Corporation duly organized,and existing under the laws of the <br /> State of South Dakota and authorized to transact business in the State of North Carolina, as <br /> Surety,hereinafter called the Surety,are held and firmly bound unto the County of Orange as Owner, hereinafter called <br /> the Obligee, in the Penal sum of five percent(5%)of the amount bid,good and lawful money of the United States of <br /> America,for the payment for which the Principal and the Surety,bind ourselves,their heirs,executors,administrators, <br /> successors and assigns,jointly and severally,firmly by these presents.This bid bond is submitted in lieu of submitting <br /> cash,a cashier's check,or a certified check pursuant to G.S. 143- 129. <br /> WHEREAS,the Principal has submitted a Bid for the construction of_Bid No. 367-OC 5339 <br /> (Project Name) <br /> Lake Orange Erosion Control Barrier Replacement <br /> NOW THEREFORE,if the Obligee shall accept the Bid ofthe Principal and the Principal shall enter into a Contract with <br /> the Obligee in accordance with the terms of said Bid,and give such bond or bonds as may be specified in the Bidding <br /> and Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt <br /> payment of labor and materials furnished in the prosecution thereof,then this obligation shall be null and void;but if the <br /> Principal fails to so execute such Contract and give such bonds as required by G.S. 143-129, this obligation shall <br /> otherwise remain in full force and effect and the Surety shall,upon demand,forthwith pay to the Obligee the full amount <br /> set forth in the first paragraph hereof. <br /> SIGNED AND SEALED this�khday of November ,2021 in the presence of: <br /> Witness <br /> Witness <br /> FSC II, LLC dba rrpri Smith Company Western Surety Company <br /> Principal (SEAL) Surety (SEAL) <br /> Title Title Renee Ellis, Attorney in Fact <br />