Co-Tec Construction TechnologySECTION 04410-BID BOND
B1DF,O!~~ F(~[S'~,1 BID BOND N0. CTC13-019
KNOW ALL PERSONS 6Y THESE PRESENTS; that
* CON-TECH CONSTRUCTION TECHNOLOGY, INC. 8S
Principal; and
+* RLI INSURANCE COMPANY ,fig Surety, arG
hereby held
and firmly bound unto the Town Board, Town of Wappinger, New York in the amount of:
FIVE PERCENT (5~) OF AMOUNT BID ------Dollars ($ -°-°°-°----- )
for the payment whereof Principal and Surety bind ourselves, our heirs, executors,
administrators, successors and assigns, jointly and severally, firmly by these presents.
Signed thi8 17TH day of APRIL 20 13
WHEREAS,
The condition of the above obligation is such that, wh®reas the Principal has submitted
to the Town Board a certain bid, attached hereto and hereby made a part hereof, to
enter into a contract in writing for the Roberts Road Sewer Improvements in the Town of
Wappinger, New York, ag shown and specified in the contract, plans and specifications.
NOW THEREFORE,
(a) tf said Bid shall be rejected, or in the alternate
(b) if said Bid shall be accepted and the Principal shall execute and deliver the
Contract Agreement in the form attached hereto (properly completed in
accordance with said Sid) and furnish such performance bond and labor and
material payment band as required„
then this obligation sha11 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 amount of this obligation as herein
stated.
The Surety, for value received, hereby stipulates and agrees that the obligations of said
Surety and its bond shall in no way be impaired or affected by any extension of the time
within which the Principal may accept such bid; and said Surety does hereby waive
notice of any such extension_
`insert Bidder's Name
~"Jnsert Surety's Name
B1D BOND Q0410-7
E:ldocumentsl7 Wappi~gerla Vd20721Y+l242Q5 Roberts Rd Pump Stat~onL3oecfi~:.ationsl0L~C10,doc
IN WITNESS WHEREOF, the Principal and the Surety have hereunto sat their hand
and seals, and such of them as are Corporations have caused their Corporate seals to
be hereto affrxed and these presents to be signed by their proper officers, the day and
year first set forth above,
(Baal of Principal if a Corporation)
CON-TECH CONSTRUCTION TECHNOLOGY, INC.
~`R{NGIi'AL
(Corporate Seal of Surety Co.)
(OfFcer'slPartner's/individual's) signature
(Officer's/Partner's/Individual's) name printed
RLI INSURANCE COMPANY
SURETY
~~\
By:
ROBERT P. SCAVETTA, ATTORNEY-IN-FACT
(Corporation/Partnershiplindividual~ name printed
STATE of Q ~ ~o )
COUNTY of ~5~~~~r ) ss:
On this ~ day of ~~~,ti--c ~. ~ , 2D~.
before me personally came ftcLSe~J ~ Ca ~~~ to me
known and known to me to be the person described in and who executed the
foregoing instrument, and hetshe duly acknowledged that helshe executed the
same.
Notary Public,
No.
County
Term Expires
- ENS O~ SECTION- HEtDI A. MErZGFR
Notary Public, State of New York
No. 01 M E5081077
Qualified in Putnam County
Commission Expires June 30, 20
BID BOhD 00410-2
Ertdocumen ,1T Wappinger'd W20~2\W21205 Roberts Rd Pump 5tatiarlSpecifi;.ztions10Q~10.doc
State of
ss.
r County of
c
d
~ E On this day of , 20
~ ~' - ,before me personally came
>_ ;
c
~ g to me known,
and known to me to be the individual described in and who executed the foregoing instrument, and acknowledged tome that he executed
the same.
My commission expires
Notary Public
State of
ss.
County of
r
C
m On this
~ day of , 20 ,before me personally came
E ~
~ o to me known and known to me
c
cQYi to be a member of the firm of
described in and who executed the foregoing instrument, and he thereupon acknowledged to me that he executed the same as and for the
act and deed of said firm.
My commission expires
Notary Public
State of
County of
ss.
r On this day of 20 ,before me personally came
c
d
to me known,
~ o who being by me duly sworn, did depose and say that he is the
V Y
Q of
the corporation described in and which executed the above instrument; that he knows the seal of said corporation; that the seal affixed to
said instrument is such corporate seal; that it was so affixed by order of the Board of Directors of said corporation, and that he signed his
name thereto by like order.
My commission expires
Notary Public
State of NEW YORK
County of WESTCHESTER
ss.
c On this 17TH day of APRIL , 20 13 ,before me personally came
E ROBERT P. SCAVETTA
~ ~ to me known, who, being by me duly sworn, did depose and say that
d ~
y ~ he is an attorney-in-fact of RLI INSURANCE COMPANY
~ the corporation described in and which executed the within instrument; that he knows the corporate seal of said corporation; that the seal
Q affixed to the within instrument is such corporate seal, and that he signed the saidinstrument andaffixed the said seal as Attorney-in-Fact
by authority of the Board of Directors of said corporation and by authority of this offi ~e nder the an g Resoluti.o s thereof.
tlsA;M. t3A~o~tu
Public, State of New Yak ~ ~ ,
My commission expires___ !!e ~} ,agt7 1M /~ ~ ~~ ~,
fluafi5~ ~ DubChesa 5 Notary ublic
FORM # 13 ;~rtmission Earpirq August ~0 ~„~,,,,,,,~
~~'® RLIlnsuranceCompany ~e ( 1~~~~,,,~~„~~~ ~~~u~~~
P.O. Box 3967 Peoria IL 6iE12-3967 L! i F,j
Phone: 309-692-1000 Fax: 309-683-1610 December 31, 2011
Admitted Assets
tnvestments:
fixed maturities ...............................
Equity securities ............................. .
Short-term investments . ....................... .
Real estate .....................................
Properties held to produce income , , , , , , , , , , , , , , , , , , ,
Cash on hand and on deposit,,,,,,,,,,,,,,,,,,,,,,,
Otherinvested assets .............................
Receivables for securites ......................... .
Agents'balances .......... .......................
Investment income due and accnJed , , , , , , , , , , ,, , , , , ,
Funds held .....................................
Reinsurance recoverable on paid losses , , , , , , , , , , , , , ,
Federal income taxes receivable, , , , , , , , , , , , , , , , , , , , ,
Net deferred tax asset ............................ .
Electronic data processing equipment,
net of depredation ........................... .
Receivablafromaffilia~,,,,,,,,,,,,,,,,,,,,,,,,,,
Other admitted assets .............................
Total Admitted Assets
State of Illinois
County of Peoria
Liabilities and Surplus
Liabilities:
$ 360,216,858 Reserve for unpaid bsses and loss
895,451,357 adjustment expenses ........................ $ 410,043,247
5,619,569 Unearned premiums, , , , ,,, , , , , , , , ,
............ 172,157,665
6,347,944 Accrued expenses ............................ 45,835,713
2,370,000 Funds held,,,,,,,,,,,,,,,,,, ,,,,,,,,,,,,,,,, 2,189,332
46,224,821 Advance premiums,,,,,,,,,,,,,,,,,,,,,,,,,,„ 4,294,057
1,000,000 Amounts withheld ............................. 105,042,923
0 Ceded reinsurenoe premium payable . . ........... 12,999,256
80,037,275 Payable for securities , , , , , , , , , , , , , , , , , , , ,, , , , , D
3.911,355 Statutory penalties ............................ 631,DD0
4,000 Cunent federel & foreign income taxes , . , , .. , .. , . , 2,121,976
3,973,906 Federal income tax payable ..................... 0
0 Borrowed money and accrued interest , , , . , . , _ , , , , 0
356,82D Drags outstanding ................................ D
Payable to affiiliate ............................... 0
49,863 Other liabilities . . . ............................... 1,654,360
21,086,150
40,505,469 Total Liabilities , , , ,, , , , , , , , , , , , $ 756,969,529
$ 1,467,155,387 Surplus:
Common stock ............................... $ 10,OOD,375
Additional paid-in capital , ,, , , , , , , , , , , , , , , , , , , , , 242,451,084
Unassigned surplus ........................... 457,734,399
Total Surplus $ 710,165,858
Total Liabilities and Surplus
$ 1,467,155,387
The undersigned, being duly sworn, says: That he is the President of RU Insurance Company; that said Company is a
corporation duly organized, in the State of Illinois, and licensed and engaged in business in the State of NEW YORK
and has duly complied with al! the requirements of the laws of said State applicable of
said Company and is duly qualified to act as Surety under such laws; that said Company has also complied with and is duty
qualified to act as Surety under the Act of Congress approved July 1947, 6U.S.C sec. 6-13; and that to the best of his
knowledge and belief the above statement is a full, true, and correct statement of the financial condition of the said
Company on the 31st day of December 2011.
Attest:
` `25. ....., ~ ~.O' ~ ~ ~ V
`
=,~ ; c,°aPO~rF ~ :~'
_._ -
Corporate Michael J. Stone President
_
SEAL Seal
.
,
AfCtxed ~ ,,,~
~~7v
l
'~~''n.;<L) M O~so``~~,`
`
" 1.!
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Cynthia S. Dohm Assistant Secretary
~nnuru~a
Sworn to before me this 28th day of February, 2012.
,ti.~.~ •oFFlanLSeA~° Notarial
a ,rte F JACOL'EUNE M. BOCKLER
Seal ~~
""'' `°"'""~'°" ~`""'~ °"°"" Aff-iged Jacqu ine M. Bockl Notary Public, State of Illinois
M0058212
'~~' ® RLI Surety
P.O. Box 3967 ~ Peoria, IL 61612-3967
Phone: (800)645-2402 ~ Fax: (309)689-2036
www.rlicorp.com
Know All Men by These Presents:
POWER OF ATTORNEY
RLI Insurance Company
That this Power of Attomey is not valid or in effect unless attached to the bond which it authorizes executed, but may be detached by the
approving officer if desired.
That RLI Insurance Company, an Illinois corporation, does hereby make, constitute and appoint:
Robert P. Scavetta Patricia A. Scavetta Lisa M. Gardella 'ointl or several! .
in the City of Yonk r ,State of New York its true and lawful Agent and Attorney in Fact, with full
power and authority hereby conferred, to sign, execute, acknowledge and deliver for and on its behalf as Surety, the following described
bond.
Any and all bonds provided the bond penalty does not exceed Twenty Five Million Dollars ($25,000,000.00).
The acknowledgment and execution of such bond by the said Attorney in Fact shall be as binding upon this Company as if such bond had been
executed and acknowledged by the regularly elected officers of this Company.
The RLI Insurance Company further certifies that the following is a true and exact copy of the Resolution adopted by the Board of Directors
of RLI Insurance Company, and now in force to-wit:
"All bonds, policies, undertakings, Powers of Attorney or other obligations of the corporation shall be executed in the corporate name of
the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board
of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint
Attorneys in Fact or Agents who shall have authority to issue bonds, policies or undertakings in the name of the Company. The corporate
seal is not necessary for the validity of any bonds, policies, undertakings, Powers of Attorney or other obligations of the corporation. The
signature of any such officer and the corporate seal may be printed by facsimile."
IN WITNESS WHEREOF, the RLI Insurance Company has caused these presents to be executed by its Vice Preci ent with its
corporate seal affixed this 20th day of March 2013
yv", -v
~; •~
GpPPORATF ~~
_~_
:SEAL:
State of Illinois l
} SS
County of Peoria JJJ
RLI Insurance Company
BY~
Roy C. Di Vice President
On this 20th day of March 2013 ,before me, a Notary Public,
personally appeared Rov C. Die who being by me duly sworn,
acknowledged that he signed the above Power of Attorney as the aforesaid
officer of the RLI Insurance Company and acknowledged said instrument to
be the voluntary act and deed of said corporation.
By: B.C,,
Jacque ' e M. Bockler Notary Public
~T,~. "OFFICIAL SEAL"
rueuo JACQUELINE M. BOCKLER
STATEOF
LLUMDf9 COMMISSION EXPIRES 03H9/14
3!479!2020211
CERTIFICATE
I, the undersigned officer of RLI Insurance Company, a stock
corporation of the State of Illinois, do hereby certify that the attached
Power of Attorney is in full force and effect and is irrevocable; and
furthermore, that the Resolution of the Company as set forth in the
Power of Attorney, is now in force. In testimony whereof, I have
hereunto set my hand and the seal of the RLI Insurance Company
thisl7TH day of APRIL 2013 .
RLI Insurance Company
BY~ x
Roy C. Di Vice President
A0058707