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ent001485-025

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ent001485-025
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    University of Nevada, Las Vegas. Libraries

    22. BID BOND KNOW ALL MEN BY THESE PRESENTS that we _______________________________________ ______________________________ as principal, and __________________________________ ______________________________ as surety, are held and firmly bound unto the Clark County Commission, as obligee, in the sum of ________________________________ lawful money of the United States of America, for the payment of which sum well and truly to be made we bind ourselves, our heirs, legal representatives, succes- sors and assigns, as the case may be, jointly and severally and firmly by these presents. The condition of this obligation is that whereas the principal has submitted the accompanying Bid Proposal dated _______________________________________> 19____, for an agreement with the obligee for construction and installation, maintenance and service of advertising displays at McCarran Field, Las Vegas, Nevada; NOW, THEREFORE, if the aforesaid principal shall not withdraw (his) (their) (its) Bid Proposal for a period of thirty (30) days after the opening of bids, and, if awarded the agreement upon said Bid Proposal, shall enter into such agree- ment with the Clark County Commission, the obligee, and contemporaneously with the execution of such agreement give to said Commission a performance bond in the form and amount as set forth in the specifications with respect to and forming a part of said agreement, and in all respects in conformity with such specifications, then this obligation shall be null and void; otherwise the principal and surety shall pay unto obligee the sum of __________________________________ not as a penalty but as liquidated damages sustained by obligee as a result of failure on the part of principal to meet the conditions or any thereof aforesaid. IN TESTIMONY WHEREOF the parties hereto In presence of; _________________________ _________?╟÷............................ By _____________ Principal By Ob 1igee