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HomeMy WebLinkAboutBid Bond1.3 Bid Bond Motorola has provided a Bid Bond signed by a recognized surety company that is licensed to do business in the State of Florida, payable to the City of Miami, on the following pages. Motorola Confidential Restricted Use or disclosure of this proposal is subject to the restrictions on the title page City of Miami, Florida Mobile Communications System IFB No. 28069 — Required Documents July 5, 2007 1-17 PO Box 34526 Seattle, WA 98124-1528. B.ID BOND NOW ALL BY THESE PRESENTS, That we, MOTOROLA, INC. of 1303 East Algonquin Road, Schaumburg, 1L 60196 (hereinglercalled the Principal), :as Principal, and SAFECO INSURANCE COMPANY OF AMERICA (hereinafter called the Surety), as Surety yr are held and firmly bound unto CITY OF MIAMI 444 SW 2nd Avenue 6th Floor Miami FL 33130 (hereinafter called the Obligee) iin the penal sum of Five percent of amount bid. Dollars ($ 5% of Amount Bid ) for the payment Of which ilie Principal and the Surety bind themselves, their heirs, executors; admimstoltors, snd csson and assigns, jointly and severalty,.fmnly by these presents, THE CONDITION OF THIS OBLIGATION. IS SUCH, That WHEREAS, the Principal has submitted or is about to submit a proposal to the Obligee on acontract for furnishing and installing mobile_communications system NOW, THEREFORE, If the said Contract be tinkly awarded to the Principal and the Principal Shalt, within such time as inak be specified, enter into the Contract in writing, and give bond, if bond is required, with surety acceptable to The Obligee for r the faithful performance of the said Contract, thenthis obligation shall be void; othenvise to remain in: full force and Wit. Signed and :sealed this 28th day of June , 2007 W.ituess ucky Witness MOTOROLA, INC. (Seal) Principal rat PcI Title SAFECpF SURANCE COMPANY OF AMERICA {B. endra Martinez 5-0053/5A 10199 8afeco and the Safeco logo ere registered trademarks of SetacoCorporation FRP