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BID BOND SCNA-2011 NC PROJECTS ONLY SCNA-2011-BB-1 <br /> <br />SCNA - BID BOND - 2011 <br /> <br />(Important! AIA A-310 Bid Bond As Indicated In AIA-A701 Instructions To Bidders Is NOT Acceptable) <br /> <br /> <br />Date of Execution of this Bond: _________________________________________________ <br /> <br /> <br />Name and Address of Principal (Bidder): _________________________________________________ <br /> <br /> _________________________________________________ <br /> <br /> <br />Name and Address of Surety: __________________________________________________ <br /> <br /> __________________________________________________ <br /> <br />Name and Address of Owner/Obligee: Orange County NC <br /> <br /> Project: Orange County EMS Station 4 & <br /> Medical Examiner’s Quarters <br /> Located: 3800 US Hwy 70 <br /> Efland, NC 27243 <br /> <br /> <br />Amount of Bond: __________________________________________________ <br /> <br /> __________________________________________________ <br /> <br /> <br />Bid and Proposal Date: _________________________________ for______________ <br /> <br /> __________________________________________________ <br /> <br /> <br />KNOW ALL MEN BY THESE PRESENTS, that we, the PRINCIPAL and the above named and SURETY <br />above named, who is duly licensed to act as surety in the State of North Carolina, are hel d and firmly bound <br />unto (Owner/Obligee)_______________________________________________________, a body corporate <br />and politic of the State of North Carolina as Obligee, in the penal sum of FIVE PERCENT (5%) of the <br />amount bid in the bid and proposal above described in lawful money of the United States of America, for the <br />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 /> <br />NOW, THEREFORE, THE CONDITION OF OBLIGATION is such, that if the Principal shall be awar ded <br />the contract for which the bid and proposal above described is submitted and shall execute the contract, give <br />bond for the faithful performance of the contract, and give bond for the payment to all persons supplying <br />labor and material in the prosecution of the work provided for in said contract, within ten (10) days after the <br />award of the same to the Principal above named, then this obligation shall be null and void; but if the <br />Principal above named fails to so execute such contract and give performance bond and payment bond as <br />required by Section 129 of Chapter 143 of the General Statutes of North Carolina, as amended and Article 3 <br />DocuSign Envelope ID: 40CF07BE-0F08-4B66-B4FD-884A0A07C01C