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17-1017_PALP INC., DBA EXCEL PAVING COMPANY_Addendum #232400 PASEO ADELANTO SAN JUAN CAPISTRANO, CA 92675 (949) 493.1171 (949) 493-1053 FAX www.sanjuancapistrano.org ADDENDUM # TWO MEMBERS OF THE CITY COUNCIL SERGIO FARIAS KERRY K. FERGUSON BRIAN L. MARYOrr PAM PAWERSON, ESQ. DEREK REEVE Subject: Del Obispo Street Widening Project — Calle Aspero to Paseo De La Paz CIP 16102 Please note: • Attached Bid Bond form has been corrected to read: Del Obispo Street Widening Project — Calle Aspero to Paseo De La Paz CIP 16102 All other terms and conditions remain the same. FOR THE CITY OF SAN JUAN CAPISTRANO f_ George Alvarez, P. E. D to City Engineer San Juan Capistrano: Preserving the Past to Enhance the Future 0 Printed w 100% recycled paper 1.2 Bid Bond [Note: Not required when other form of Bidder's Security, e.g. cash, certified check or cashier's check, accompanies bid.] The makers of this bond are, , as Principal, and as Surety and are held and firmly bound unto the City of San Juan Capistrano, hereinafter called the City, in the penal sum of TEN PERCENT (10%) OF THE TOTAL BID PRICE of the Principal submitted to CITY for the work described below, for the payment of which sum in lawful money of the United States, well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. THE CONDITION OF THIS OBLIGATION IS SUCH that whereas the Principal has submitted the accompanying bid dated , 20 , for the DEL OBISPO STREET WIDENING PROJECT — CALLE ASPERO TO PASEO DE LA PAZ CIP 16102. If the Principal does not withdraw its Bid within the time specified in the Contract Documents; and if the Principal is awarded the Contract and provides all documents to the City as required by the Contract Documents; then this obligation shall be null and void. Otherwise, this bond will remain in full force and effect. Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Contract Documents shall in affect its obligation under this bond, and Surety does hereby waive notice of any such changes. In the event a lawsuit is brought upon this bond by the City and judgment is recovered, the Surety shall pay all litigation expenses incurred by the City in such suit, including reasonable attorneys' fees, court costs, expert witness fees and expenses. IN WITNESS WHEREOF, several seals this each corporation. (Corporate Seal) (Corporate Seal) the above -bound parties have executed this instrument under their day of , 20 , the name and corporate seal of (Attach Attorney -in -Fact Certificate) Contractor/ Principal By Title Surety By Attorney -in -Fact Tale 61147.02100\20950242.3 -25- 00 41 43 - BID FORMS