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Home My WebLink AboutSchrader Excavating & Grading Schrader Excavating & Grading 300 HWY 151 East Walford , IA 52351 j OL I Al 'Ste (Nkwtrkbj'rA 5Of7bS ton V, m IB T C) BID BOND KNOW ALL MEN BY THESE PRESENTS , that we , Schrader Excavating and Grading Co. as Principal , and Merchants National Bonding , Inc. as Surety are held and firmly bound unto the CITY OF WATERLOO , Iowa , hereinafter called " OWNER . " In the penal sum ---Five Percent of the Bid Submitted--- Dollars ($ ---5%--- ) lawful money of the United States , for the payment of which sum will and truly be made , we bind ourselves , our heirs , executors , administrators , and successors , jointly and severally, firmly by these presents . The condition of this obligation is such that whereas the Principal has submitted the accompanying bid dated the 20th day of August 2020 , for Demolition and Site Clearance Services (120 Center Street) . City of Waterinn, Iowa NOW, THEREFORE , (a) If said Bid shall be rejected , or in the alternate, ( b) If said Bid shall be accepted and the Principal shall execute and deliver a contract in the form specified and shall fumish a bond for his faithful performance of said contract, and for the payment of all persons performing labor or furnishing materials in connection therewith , and shall in all other respects perform the agreement created by the acceptance of said Bid , Then this obligation shall be void , otherwise the same shall remain in force and effect; it being expressly understood and agreed that the liability of the Surety for any and all claims hereunder shall , in no event , exceed the penal amount of this obligation as herein stated . By virtue of statutory authority, the full amount of this bid bond shall be forfeited to the Owner in liquidation of damages sustained in the event that the Principal fails to execute the contract and provide the bond as provided in the specifications or by law. The Surety , for value received , hereby stipulates and agrees that the obligations of said Surety and its bond shall be in no way, impaired or affected by any extension of the time within which the Owner may accept such Bid or execute such contract ; and said Surety does hereby waive notice of any such extension . ) •� " ) IJI J r , ) IN WITNESS WHEREOF , the Principal and the Surety , have hereunto set their hands and seals , and such ' of them as are corporations , have caused their corporate seals to be hereto affixed and these presents to be signed by their proper officers this 18th day of August A, D , 2020 Schrader Excavating and Grading Co. _(Seal ) Principal By Cy � ��`� r/° dee �' �� . �� (title) Merchants ati nal riding , Inc. (Seal) tness Sur ty By -- Witness Stacy V n Attorney-in-fact Anne Crowner MERCHANprs BONDING COMPANY„A POWER OF ATTORNEY Know All Persons By These Presents , that MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING , INC . , both being corporations of the State of Iowa (herein collectively called the "Companies") do hereby make , constitute and appoint, individually, Anne Crowner their true and lawful Attorney(s)-in -Fact, to sign its name as surety(ies ) and to execute , seal and acknowledge any and all bonds, undertakings , contracts and other written instruments in the nature thereof, on behalf of the Companies in their business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law. This Power-of-Attorney is granted and is signed and sealed by facsimile under and by authority of the following By-Laws adopted by the Board of Directors of Merchants Bonding Company (Mutual) on April 23 , 2011 and amended August 14, 2015 and adopted by the Board of Directors of Merchants National Bonding , Inc. , on October 16, 2015. "The President, Secretary, Treasurer, or any Assistant Treasurer or any Assistant Secretary or any Vice President shall have power and authority to appoint Attorneys-in - Fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, bonds and undertakings , recognizances, contracts of indemnity and other writings obligatory in the nature thereof." "The signature of any authorized officer and the seal of the Company may be affixed by facsimile or electronic transmission to any Power of Attorney or Certification thereof authorizing the execution and delivery of any bond , undertaking , recognizance , or other suretyship obligations of the Company, and such signature and seal when so used shall have the same force and effect as though manually fixed . " In connection with obligations in favor of the Florida Department of Transportation only, it is agreed that the power and aut hority hereby given to the Attorney-in -Fact includes any and all consents for the release of retained percentages and/or final estimates on engineering and construction contracts required by the State of Florida Department of Transportation . It is fully understood that consenting to the State of Florida Department of Transportation making payment of the final estimate to the Contractor and/or its assignee, shall not relieve this surety company of any of its obligations under its bond . In connection with obligations in favor of the Kentucky Department of Highways only, it is agreed that the power and authority hereby given to the Attorney-in -Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner- Department of Highways of the Commonwealth of Kentucky at least thirty (30) days prior to the modification or revocation . In Witness Whereof, the Companies have caused this instrument to be signed and sealed this 5th day of March 2020 +•• ' ' POA ' e• ': • O ' RPO q . MERCHANTS BONDING COMPANY ( MUTUAL) ,ty; G0� R'9j •�2^ �;VD 9q�;.?,�; MERCHANTS NATIONAL BONDING, INC . 2003 : 4) �y 1933 c; By '. .V1 • • . . •:��.. .• 6'�j . . . . . • `.��: President STATE OF IOWA COUNTY OF DALLAS ss . On this 5th day of March 2020 , before me appeared Larry Taylor, to me personally known , who being by me duly sworn did say that he is President of MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING , INC. ; and that the seals affixed to the foregoing instrument are the Corporate Seals of the Companies; and that the said instrument was signed and sealed in behalf of the Companies by authority of their respective Boards of Directors. �PRtA� s POLLY MASON o � Commission Number 750576 z ° ° ° ° '' My Commission Expires t low P * January 07 , 2023 Notary Public (Expiration of notary's commission does not invalidate this instrument) I , William Warner, Jr. , Secretary of MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING, INC . , do hereby certify that the above and foregoing is a true and correct copy of the POWER -OF-ATTORNEY executed by said Companies , which is still in full force and effect and has not been amended or revoked . In Witness Whereof, I have hereunto set my hand and affixed the seal of the Companies on this 18th day of August 2020 . 00 0 00 0 ANZ j ' 7003 ; � : y 1933 c; Secretary og d POA 0018 ( 1 /20) ••,•0all �•''' • • • � • � � � � • BID BOND KNOW ALL MEN BY THESE PRESENTS , that we , Schrader Excavating and Grading Co. as Principal , and Merchants National Bonding , Inc. as Surety are held and firmly bound unto the CITY OF WATERLOO , Iowa , hereinafter called "OWNER ." In the penal sum --- Five Percent of the Bid Submitted--- Dollars ($ - 5%--- ) lawful money of the United States, for the payment of which sum will and truly be made , we bind ourselves , our heirs, executors , administrators , and successors, jointly and severally, firmly by these presents . The condition of this obligation is such that whereas the Principal has submitted the accompanying bid dated the 3rd day of September 2020 , for Demolition and Site Clearance Services (120 Center Street) City of Waterinn,lnwa NOW, THEREFORE , (a) If said Bid shall be rejected, or in the alternate , (b) If said Bid shall be accepted and the Principal shall execute and deliver a contract in the form specified and shall furnish a bond for his faithful performance of said contract, and for the payment of all persons performing labor or furnishing materials in connection therewith , and shall in all other respects perform the agreement created by the acceptance of said Bid , Then this obligation shall be void , otherwise the same shall remain in force and effect ; it being expressly understood and agreed that the liability of the Surety for any and all claims hereunder shall , in no event , exceed the penal amount of this obligation as herein stated . By virtue of statutory authority, the full amount of this bid bond shall be forfeited to the Owner in liquidation of damages sustained in the event that the Principal fails to execute the contract and provide the bond as provided in the specifications or by law. The Surety , for value received, hereby stipulates and agrees that the obligations of said Surety and its bond shall be in no way impaired or affected by any extension of the time within which the Owner may accept such Bid or execute such contract ; and said Surety does hereby waive notice of any such extension . IN WITNESS WHEREOF , the Principal and the Surety, have hereunto set their hands and seals , and such of them as are corporations , have caused their corporate seals to be hereto affixed and these presents to be signed by their proper officers this 28th day of August , A . D . 2020 , Schrader Excavating and Grading Co. (real) Principal By e44/� (Title) Merchan National Bondi , Inc (Seal) n urety I s Anne owner Atto ky-ln v#cV Dione R Young MERCHANTS BONDING COMPANYT° POWER OF ATTORNEY Know All Persons By These Presents, that MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING , INC . , both being corporations of the State of Iowa (herein collectively called the "Companies") do hereby make , constitute and appoint, individually, Dione R Young their true and lawful Attorneys)-in -Fact, to sign its name as surety(ies) and to execute, seal and acknowledge any and all bonds , undertakings, contracts and other written instruments in the nature thereof, on behalf of the Companies in their business of guaranteeing the fidelity of persons , guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law. This Power-of-Attorney is granted and is signed and sealed by facsimile under and by authority of the following By-Laws adopted by the Board of Directors of Merchants Bonding Company (Mutual) on April 23, 2011 and amended August 14 , 2015 and adopted by the Board of Directors of Merchants National Bonding , Inc. , on October 16, 2015. "The President, Secretary, Treasurer, or any Assistant Treasurer or any Assistant Secretary or any Vice President shall have power and authority to appoint Attorneys-in -Fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, bonds and undertakings, recognizances, contracts of indemnity and other writings obligatory in the nature thereof." "The signature of any authorized officer and the seal of the Company may be affixed by facsimile or electronic transmission to any Power of Attorney or Certification thereof authorizing the execution and delivery of any bond , undertaking , recognizance, or other suretyship obligations of the Company, and such signature and seal when so used shall have the same force and effect as though manually fixed . " In connection with obligations in favor of the Florida Department of Transportation only, it is agreed that the power and aut hority hereby given to the Attorney-in -Fact includes any and all consents for the release of retained percentages and/or final estimates on engineering and construction contracts required by the State of Florida Department of Transportation . It is fully understood that consenting to the State of Florida Department of Transportation making payment of the final estimate to the Contractor and/or its assignee, shall not relieve this surety company of any of its obligations under its bond . In connection with obligations in favor of the Kentucky Department of Highways only, it is agreed that the power and authority hereby given to the Attorney-in -Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner- Department of Highways of the Commonwealth of Kentucky at least thirty (30) days prior to the modification or revocation . In Witness Whereof, the Companies have caused this instrument to be signed and sealed this 5th day of March 2020 . $S'ISIVINER , . DlNO CO,�• • ••••'�P$0 P O A � ��'. 'O� ' RPO ' Aq •• MERCHANTS BONDING COMPANY ( MUTUAL) •:'h� v0� R4j; OZ 0 4 y •VD 9q�. y�: MERCHANT NATIONAL BONDING, INC . : 2 :2 _ o _ v ; O_ : . tomo : = TO 2003 ;acs ;66 y 1933 c ; By ': d � : . vd . ate:• 4. . . . � . . ..'h ••. .• •�jj . • •`. • President STATE OF IOWA �•''• • . . . . . .o•'• ' • • . • • • ' COUNTY OF DALLAS ss . On this 5th day of March 2020 , before me appeared Larry Taylor, to me personally known, who being by me duly sworn did say that he is President of MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING , INC. ; and that the seals affixed to the foregoing instrument are the Corporate Seals of the Companies; and that the said instrument was signed and sealed in behalf of the Companies by authority of their respective Boards of Directors. SP1 0 POLLY MASON o 5. Commission Number 750576 z ° ° ° ° My Commission Expires • lowP • January 07 , 2023 Notary Public (Expiration of notary's commission does not invalidate this instrument) I , William Warner, Jr. , Secretary of MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING , INC . , do hereby certify that the above and foregoing is a true and correct copy of the POWER -OF-ATTORNEY executed by said Companies , which is still in full force and effect and has not been amended or revoked . In Witness Whereof, I have hereunto set my hand and affixed the seal of the Companies on this 28th day of August 2020 . . • . . . qr • • • - - - • . • 01 seat st 5 2003 i : a ' ti 1933 C; secretary = � : : . $, *. : • :4 d ••. ' •04006040 L+ . . , ate . POA 0018 ( 1 /20 ) EXHIBIT `"A " SIGNATURE PAGE 120 Center Street The undersigned Proposer/ Bidder, having examined these documents and having full knowledge of the condition under which the work described herein must be performed , hereby proposes that they will fulfill the obligations contained herein in accordance with all instructions, terms, conditions , and specifications set forth ; and that they will furnish all required services and pay all incidental costs in strict conformity with these documents for the stated process as payment in full . Our bid, for demolition and site clearance of the site is, not to exceed : 120 Center Street $ 129 , 900 . 00 Total in written form : One Hundred twenty nine thousand nine hundred dollars and no cents . Submitting Firm : Schrader Excavating & Grading Co . Address : 300 HWY 151 E City : Walford State : IA Zip : 52351 Authorized Representative ( print) Shane Schrader Authorized Representative Signature ;=�1 / z— Date : 8/20/2020 Email : a .roeder@schradergrp . com Phone : 319-560 -7336 Fax : 319 - 845 -3066 EXCEPTIONS / DEVIATIONS to this Request for Proposal shall be listed in writing on an attached document provided by the Bidder. Please be as specific as possible . Please check one : X Our company has no exceptions/deviations . Our company does have exceptions/deviations which are listed on an attached document . GENERAL INFORMATION . Freight and/or delivery charges, if any, shall be included in the price . FIRM PRICING . Offered prices shall remain firm for a minimum of sixty (60 ) days after the due date of this solicitation unless indicated otherwise . Accepted prices shall remain firm for the duration of the contract . ADDENDA (It is the Bidder's responsibility to check for issuance of any addenda ) . The authorized representative herby acknowledges receipt of the following addenda : Addenda Number N/A Date N/A Addenda Number N/A Date N/A ❑ We choose not to bid at this time but would like to be considered for future requests for bid To Whom it may concern : I talked to Chris Western on 9/1/2020 about the bid bond for the demolition & site clearance services of 120 Center Street bid . Schrader Excavating & Grading Co submitted their bid on the original bid date of 8/20/2020, with the bid bond to match . That bid bond is invalid , per the submittal date . Please find the corrected bid bond in this envelope . The original bid bond is attached to the bid in a separate envelope . If you have any questions, please call Hailey at 319 - 845 - 3061 . Thank you , Hailey Sawyer, ProjectAssistany ..- .-.-�.� ::a, ..- - • - -- - _ _ .. � ... .,. . Schrader Excavating & Grading 300 HWY 151 East Walford , IA 52351 a SMO!, d ION psk _ _ _ - _ _ _ _ _ Schrader Excavating & Grading 300 HWY 151 East Walford , IA 52351 • �� ` IV 1 H 1