NSITE DOCUMENT
BID DEPOSIT SURETY BOND FORM.docx
- Library: Purchissues
- Year Created: 2014
- File Type: DOCX
The document is a "Spokane County Bid Deposit Surety Bond Form" for a specific project. It outlines the obligations of the Principal and Surety to the County of Spokane. The bond is for five percent of the total bid amount, ensuring that the Principal will enter into a contract with the County if awarded the project. If the Principal fails to do so within ten days of notice, the bid deposit will be forfeited to the County. The Surety's liability is limited to the face amount of the bond. The form requires signatures, typed names, and titles of both the Surety and Principal, along with the date of sealing.