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California Bid Bond <br />Amount $ <br />KNOW ALL MEN BY THESE PRESENTS, that <br />hereinafter called the PRINCIPAL, and <br />a corporation duly organized under the laws of the State of <br />having its principal place of business at <br />in the State of , and authorized to do business in the State <br />of California, as SURETY, are held and firmly bound unto Manteca Unified School District, <br />as OWNER, hereinafter called the OBLIGEE, in the sum of <br />dollars ($ ) for the payment for which we bind <br />ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, <br />firmly by these presents. <br />THE CONDITION OF THIS BOND IS SUCH THAT: <br />WHEREAS, the PRINCIPAL is herewith submitting his or its Bid Proposal for <br />Lincoln Elementary School — Cafeteria Replacement <br />said <br />Bid Proposal, by reference thereto, being hereby made a part hereof. <br />NOW, THEREFORE, if said Proposal shall be rejected, or in the alternate, if said Proposal shall <br />be accepted and the PRINCIPAL shall sign and deliver a Contract to OBLIGEE, in the form of <br />Contract attached hereto and shall execute and deliver Performance and Payment Bonds in the <br />forms attached hereto (all completed in accordance with said Proposal) to OBLIGEE, and shall <br />in all other respects perform the agreement created by the acceptance of said Proposal; <br />Then, this obligation shall be void, otherwise the same shall remain in force and effect, it being <br />expressly understood and agreed that the liability of the SURETY for any and all default of the <br />PRINCIPAL hereunder shall be the amount of this obligation as herein stated. <br />The SURETY, for value received, hereby stipulates and agrees that the obligations of said <br />SURETY and its bond shall be in no way impaired or affected by any extension of the time <br />