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BID BOND <br />WESTCHESTER FIRE INSURANCE COMPANY <br />KNOW ALL MEN BY THESE PRESENTS, That we, Rehiri-q Pacific Coal an . (hereinafter called <br />the Principal), as Principal, and WESTCHESTER FIRE INSURANCE COMPANY, a corporation duly <br />organized under the laws of the Commonwealth of Pennsylvania (hereinafter called the Surety), as <br />Surety, are held and firmly bound unto City of "youth Bend. Ill (hereinafter called the Obligee), in <br />the sum of Ten 2ercent of the total amount bid OY2 of the total amount bidl of the bid for the <br />payment of which we, the said Principal and the said Surety, bind ourselves, our heirs, executors, <br />administrators, successors and assigns, jointly and severally, firmly by these presents. <br />NOTE: WARRANTY IS THE SOLE RESPONSIBILITY OF REHRIG PACIFIC COMPANY <br />WHEREAS, the Principal has submitted a bid, dated March 24, 2020, for Spec B - Six Thousand <br />6 000 More or Less UniversalONestable Refuse Containers. <br />NOW, THEREFORE, THE CONDITION OF THE OBLIGATION IS SUCH, that if the Obligee shall <br />accept the bid of the Principal and the Principal shall enter into a contract with the Obligee in <br />accordance with such bid and give bond with good and sufficient surety for the faithful performance of <br />such contract, or in the event of the failure of the Principal to enter into such contract and give such <br />bond, if the Principal shall pay to the Obligee the difference, not to exceed the penalty hereof, <br />between the amount specified in said bid and the amount for which the Obligee may legally contract <br />with another party to perform the work covered by said bid, if the latter amount be in excess of the <br />former, then this obligation shall be,null and void, otherwise to remain in full force and effect. This <br />obligation expires sixty (60) days from the effective date of the bid. <br />Signed and sealed this 18th day of March, 2020. <br />Rehrig Pacific Com an <br />Principal <br />By: <br />WESTCHESTER FIRE INSURANCE COMPANY <br />By; ` <' -(SEAL) <br />Edith G7�1 <br />ttorney-In-Fact <br />