The Nazerian groupY
SECTION 00025
0
BID PROPOSAL
TO: City of Rosemead attn: Chris Marcarello Director of Public Works, 8838 E. Valley
Blvd, California 91770.
FROM: 7HE ~~2cRiAN (I KOVT°
(Name of Bidder as listed on License)
16aO0
8/~- svy,94~o
(Telephone)
LVU :~,t 22d
Sy4-0& f
(Fax)
JRYLTAN IUA tC lLI/a r~ (/'R--I f oc" )
(Name(s) of Bidder's Authorized Representative(s) & Title)
0
1.01 Bid Proposal.
Gn1C1410 9I v36
A. Bid Proposal Amount. Pursuant to and in compliance with the Notice to Contractors
Calling for Bids, the Instructions for Bidders and the other documents relating
thereto, the undersigned Bidder, having reviewed the Instructions for Bidders and all
other Contract Documents and upon compliance with all requirements therein with
reference to the submittal of this Bid Proposal, hereby proposes and agrees to perform
the Contract including, without limitation, all of its component parts; to perform
everything required to be performed; to provide and furnish any and all of the labor,
materials, tools, equipment, applicable taxes, and services necessary to perform the
Work of the Contract in strict compliance with the Contract Documents and complete
in a workmanlike manner all of the Work required for the Project described as:
For the sum of:
Base Bid Amount: S 2 5, 00 0 . °o
Synthetic Asphalt Trail (Bid Amount in Figures)
~)o[& t4vtj ww j PtRliy F10- rwald✓ fjeo Dollars
(Bid Amount in Words)
• CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL
STANDARD SPECIFICATIONS
t/Ea-rvnA
(Address)
BID PROPOSAL
00025
VERSION 08-0'
PAGE I OF
B. Acknowledgment of Bid Addenda. In submitting this Bid Proposal, the
undersigned Bidder acknowledges receipt of all Bid Addenda issued by or on
behalf of the City, as set forth below. The Bidder confirms that this Bid Proposal
incorporates and is inclusive of, all items or other matters contained in Bid
Addenda.
4 Addenda Nos. / ~ a received, acknowledged and
(initial) incorporated into this Bid Proposal.
C. Alternate Bid Items. The Bidder's price proposal(s) for Alternate Bid Items
is/are set forth in the form of Alternate Bid Item Proposal included herewith. The
Bidder acknowledges that the award of the Contract, if at all, shall be in
accordance with the Instructions for Bidders.
1.02 Rejection of Bid; Holding Open of Bid. It is understood that the City reserves the right
to reject this Bid Proposal and that this Bid Proposal shall remain open and not be
withdrawn for the period of time specified in the Call for Bids, except as provided by law.
1.03 Documents Comprising Bid Proposal. The undersigned Bidder has submitted as its
Bid Proposal the following: Bid Proposal (00210), List of Subcontractors (00215), Non-
Collusion Affidavit (00220), Statement of Bidder's Qualifications (00240), and Bid
Security (Cash, Cashier's Check, Certified Check or Bid Bond - 00260).
The Bidder acknowledges that if this Bid Proposal and the foregoing documents are not
fully in compliance with applicable requirements set forth in the Call for Bids, the
Instructions for Bidders and in each of the foregoing documents, the Bid Proposal may be
rejected as non-responsive.
1.04 Award of Contract. It is understood and agreed that if written notice of the acceptance
of this Bid Proposal and award of the Contract thereon is mailed or delivered by the City
to the undersigned after the opening of Bid Proposals and within the time this Bid
Proposal is required to remain-open or at any time thereafter before this Bid Proposal is
withdrawn, the undersigned will execute and deliver to the City the Agreement in the
form attached hereto in accordance with the Bid Proposal as accepted within seven (7)
calendar days after notification of acceptance and award. Concurrently with delivery of
the executed Agreement to the City, the Bidder awarded the Contract shall deliver to the
City: (1) the Labor and Material Payment Bond; (2) the Performance Bond; (3) the Drug-
Free Workplace Certificate; (4) Certificates of Insurance evidencing all insurance
coverages required to be provided under the Contract Documents; and (5) the Certificate
of Workers' Compensation Insurance. The Work under the Contract Documents shall be
commenced by the undersigned Bidder, if awarded the Contract, on the date stated in the
City's Notice to Proceed issued pursuant to the Contract Documents. Completion of the
1J
CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL BID PROPOSAL •
STANDARD SPECIFICATIONS 00025
VERSION 08-07
PAGE 2 OF 4
Work and all Interim Milestones shall be achieved within the Contract Time and Interim
Milestones specified in the Contract Documents.
• 1.05 Notices. All notices or other correspondence shall be addressed to the City and the
Bidder at their respective addresses set forth herein. Notices shall be effective only if in
writing and in conformity with the requirements for service of notices set forth in the
Contract Documents.
1.06 Contractor's License. The undersigned Bidder is curreritly and duly licensed in
accordance with the California Contractors License Law, California Business &
Professions Code §§7000 et seq., under the following:
License Number:
Class A C-i3 Expiration Date I/-30-07 Class Expiration Date
Class Expiration Date Class Expiration Date
By executing this Bid Proposal, the Bidder hereby certifies that: (a) it is duly licensed, in
the necessary class(es), for performing the Work of the Contract Documents; (b) that such
license shall be in full force and effect throughout the duration of the performance of the
Work under the Contract Documents; and (c) that all Subcontractors providing or
performing any portion of the Work of the Contract Documents shall be so similarly and
appropriately licensed to perform or provide such portion of the Work.
•
•
1.07 Designation of Subcontractors. In compliance with the Subletting and Subcontracting
Fair Practices Act (California Public Contract Code §§4100, et seq.) and amendments
thereof, each Bidder shall set forth in the Subcontractors List: (a) the name and location
of the place of business of each Subcontractor who will perform work or labor or render
services to the Bidder in or about the construction of the Work to be performed under the
Contract Documents in an amount in excess of one-half of one percent (0.5%) of the
Bidder's Bid Proposal; and (b) the trade and/or portion of the Work which will be
performed by each listed Subcontractor. The Bidder shall list only one Subcontractor for
each trade and/or portion of the Work as is defined by the Bidder in its Bid Proposal. If a
Bidder fails to list a Subcontractor for a portion of the work in excess of one-half of one
percent (0.5%) of the Bidder's Bid Proposal or if the Bidder specifies more than one
Subcontractor for the same portion of Work to be performed under the Contract
Documents valued in excess of one-half of one percent (0.5%) of the Bidder's Bid
Proposal amount, the Bidder shall be deemed to have agreed that it is fully qualified to
perform that portion of the Work itself and that it shall perform that portion of the Work.
1.08 Confirmation of Figures. ' By submitting this Bid Proposal, the Bidder confirms that it
has checked all of the above figures and understands that neither the City nor any of its
agents, employees or representatives shall be responsible for any errors or omissions on
the part of the undersigned Bidder in preparing and submitting this Bid Proposal.
1.09 Acknowledgment and Confirmation. The undersigned Bidder acknowledges its
CITY 017 ROSE-MEAD PARK PEDESTRIAN TRAIL
STANDARD SPECIFICATIONS
BID PROPOSAL
00025
VERSION 08-C
PAGE 3 OF
receipt, review and understanding of the Drawings, the Specifications and other Contract
Documents pertaining to the proposed Work. The undersigned Bidder certifies that the
Contract Documents are, in its opinion, adequate, feasible and complete for providing, •
performing and constructing the Work in a sound and suitable manner for the use
specified and intended by the Contract Documents. The undersigned Bidder certifies that
it has, or has available, all necessary equipment, personnel, materials, facilities and
technical and financial ability to complete the Work for the amount bid herein within the
Contract Time and in accordance with the Contract Documents. The undersigned Bidder
certifies that its bid amount includes funds sufficient to allow the Bidder to comply with
all applicable local, state and federal laws and regulations governing the labor and
services to be provided for the performance of the Work of the Contract and shall
indemnify, defend and hold City harmless from and against any and all claims, demands,
losses, liabilities and damages arising out of or relating to Bidder's failure to comply with
applicable law in this regard.
By:
(Signa rc)
(Corporate Sea]) I
V~'P-SAN NPc'tr"RIPo^'
(Typed or Printed N me of Bidder's Authorized Representative)
Title:
~t~S
END OF SECTION •
CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL BID PROPOSAL •
STANDARD SPECIFICATIONS 00025
VERSION 08-07
PAGE 4 OF 4
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SECTION 00035
• STATEMENT OF BIDDER'S QUALIFICATIONS
1.01 Bidder's Organization
A. Form of entity of Bidder, i.e, corporation, partnership,
If a corporation, state the following:
State of Incorporation: Q1AI1F0k1vIA
Date oflncomoration: 09, Q000
President/Chief Executive Officer: Uaa-rA.
Secretary: At-1 CC N'P/r-Z&-R A -
Treasure/ChiefFinancial Officer: ✓10 I?IAII,~
If a partnership, state the following:
Date of Organization:
Type of Partnership (general, limited
Names of all general partners; if any of the general partners are not natural
persons, provide the information for each such general partner requested
by Paragraphs 1.01.A.1, 1.01.A.2 and 1.0I.A.4 as appropriate:
3 If a proprietorship, state the following:
Names of all proprietors:
4. If a joint venture, state the following:
Date of organization:
Names of all Joint Venture members. For each Joint Venture member,
identify the form of entity and provide the information requested by
Paragraphs 1.0l.A.1, 1.01.A.2 and 1.01.I.C for each Joint Venture
member as appropriate:
• CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL STATEMENT OF BIDDER'S QUALIFICATIONS
STANDARD SPECIFICATIONS 00035
VERSION 08-07
PAGE 1 OI' 7
5. Bidder's form of entity is other than listed above, describe the type of
entity or organization and identify all principals or owners of equity in the •
entity or organization
B. Number of years your organization has been in business as a contractor:
C. Number of years your organization has conducted business under its present
name: 1
If your organization has conducted business under a name or name style
different than your organizatioIn/'s present name, identify all prior name(s)
or name style(s): /t- r /VA-2 E/LIA,, l ,u Co
rFL r~ -
2. For each name or name style identified in Paragraph 1.0l.C.1, state the
dates during which you conducted business under each name or style:
1991- Z000
19it7_ 1991
1.02 Financial
A. Attach a current audited; reviewed or compiled Financial Statement for your
organization prepared by a Certified Public Accountant licensed under the laws of
the State of California utilizing generally accepted accounting practices applied in
a consistent manner. The Financial Statement must include a current balance
sheet and income statement showing: (i) current assets (i.e., cash, accounts
receivable, accrued- income, deposits, material inventory, etc.); (ii) net fixed
assets; (iii) other assets; (iv) current liabilities (i.e., accounts payable, accrued
salaries, accrued payroll taxes, etc.); and (v) other liabilities (i.e., capital, capital
stock, earned surplus, retained earnings, etc.).
B. Is the lathed Financial Statement for the identical organization as the Bidder?
Ycs No.
If not, explain the relationship and financial responsibility of the organization
whose Financial Statement is provided (i.e., parent/subsidiary, etc.).
•
CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL STATEMENT OF BIDDER'S QUALIFICATIONS •
STANDARD SPECIFICATIONS 00035
VERSION 08-07
PAGE 2 OF 7
1.03 Licensing
•
A. California Contractors License:
License Number: W7_ 19 Y
Expiration Date: 30- 0 $
Responsible Managing Employee/Officer: t///z-rA") /U/ &7tt IA
License Classification(s): A o 31 C- /
B. Has a claim or other demand ever been made against your organization's
California Contractors License Bond? Yes L.-,' No
If yes, on a separate attachment, state the following: (i) the name, address and
telephone number of each person or entity making claim or demand; (ii) the date
of each claim or demand; (iii) the circumstances giving rise to each such claim or
demand; and (iv) the disposition of each such claim or demand.
C. Has a complaint ever been filed against your organization's California
Contractors Licenn ith the California Contractors State License Board?
Yes No
E
If yes, on a separate attachment, state the following for each complaint: (i) the
name, address and telephone number of each person or entity making the
complaint; (ii) the date of each complaint; (iii) the circumstances giving rise to
each such complaint; and (iv) the disposition of each such complaint, including
without limitation, any disciplinary or other action imposed or taken by the
California Contractors State License Board as a result of any such complaint.
D. Attach to this Statement true and correct copies of the following:
Your organization's California Contractors License (the copy must clearly
and legibly show: (i) the licensee name; (ii) the expiration date; (iii) the
classification(s) of licensure).
2. The Contractors License Bond posted by your organization in connection
with your California Contractors License pursuant to California Business
& Professions Code §§7071.5 and 7071.6.
3. If your organization's California Contractors License is issued by virtue of
the qualification of a responsible managing employee or responsible
managing officer, the Qualifiers Bond if' required pursuant to California
Business & Professions Code §7071.9).
CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL STATEMENT OF BIDDER'S QUALIFICATIONS
STANDARD SPECIFICATIONS 00035
VERSION 09-07
PAGE 3 OF 7
1.04 Experience
A. List the categories of work your organization typically performs with your own •
forces: Larp.aCon c
B. Claims and lawsuits (if you answer yes to any of the following, you must attach
details).
1. Have any lawsuits or other administrative, legal, arbitration or other
proceedings, ever been brought or commenced against your organization
or any of its principals, officers or equity owners in connection with any
construction contract or construction project? Yes ~~No
If so, describe the circumstances, the amount demanded or other relief
demand and the disposition of each such lawsuit or other proceeding.
2. Has your organization ever filed a lawsuit or commenced her
administrative, legal or other proceedings in connection w any
construction contract or construction project? Yes No
if so, describe the circumstances, the amount demanded or other relief •
demand and the disposition of each such lawsuit or other proceeding.
3. Are there any judgments, orders, decrees or arbitration awards pending,
outstanding against your organization or any of the officers, di tors,
employees or principals of your organization? Yes No
If so, describe each such judgment, order, decree or arbitration award and
the present status of the satisfaction or discharge thereof.
C. On a separate attachment, list all construction projects your organization has in
progress and for each project listed, state: (i) a general description of the work
performed by your organization on the project; (ii) the dollar value of the work
performed or to be performed by your organization; (iii) the owner's name, name
of the owner's representative and the address and telephone number of the owner
and the owner's representative; (iv) the project architect's name, address,
telephone number and contact person; (v) percent presently complete; and (vi) the
current scheduled completion date. S ~z o t Cue
D. On a separate attachment, list all construction projects completed by your
organization in the past five (5) years and for each project identified, state: (i) a
CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL STATEMENT OF BIDDER'S QUALIFICATIONS •
STANDARD SPECIFICATIONS 00035
-VERSION 08-07
PAGE 4 OF 7
general description of the work performed by your organization on the project; (ii)
the dollar value of the work performed or to be performed by your organization;
(iii) the owner's name, name of the owner's representative and the address and
telephone number. of the owner and the owner's representative; (iv) the project
architect's name, address, telephone number and contact person; (v) percent
presently complete; and (vi) the current scheduled completion date. 5.~_ ccttuc,~
E. Has your organization ever refused to sign a contract awarded to it?
Yes &--No
If so, on a separate attachment, state the following: (i) describe each such
contract; (ii) the owner's name, address, telephone number and contact person;
and (iii) the circumstances of your refusal to sign such contract.
F. Has your organiza ' n ever failed to complete a construction contract?
Yes No
If so, on a separate attachment, state the following: (i) describe each such
contract; (ii) the owner's name, address, telephone number and contact person;
and (iii) the circumstances of your failure to complete such contract.
G. Has your organization ever been declared in default of a construction contract?
Yes L,~' No
•
If so, on. a separate attachment,' state the following: (i) describe each such
contract; (ii) the owner's name, address, telephone number and contact person;
and (iii) the circumstances of each such declaration of default.
H. Has any construction contract to which your organization is a p-y been
terminated for the convenience of the project owner? Yes ✓ No
If so, identify the project and project owner along with a description of the
circumstances under which the convenience termination occurred.
1. Has a claim or other demand ever been asserted against any Bid Bond,
Performance Bond, or Payment Bond posted by your organization in connection
with any construction . contract or you submittal of a bid proposal for a
construction contract? Yes No
If so, on a separate attachment, state the following: (i) the name, address,
telephone number and contact person for each claimant; (ii) the date upon which
each such demand or claim was made; and (iii) the disposition of each such
demand or claim.
• CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL STATEMENT OF BIDDER'S QUALIFICATIONS
STANDARD SPECIFICATIONS 00035
VERSION 08-07
PAGE 5 OF 7
1.05 References (include name, contact person, telephone/FAX and address for each reference
provided)
A. Trade References (three (3) minimum)
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B. Bank References FR S-7 ~/}cI1--c)AVlA
C. Public Works Inspectors of Record
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D. Owner references (three (3) minimum, preferably California Cities)
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lra L~? DI~)yti
E. Insurance Carriers (General Liability, Auto, and Workers' Compensation)
F. Surety Firms (issuing your Bid, Performance and Payment Bonds)
ZN G vQh 14vJ70-Lt~ c,)~ ~ ~1 04: ,00
1.06 Accuracy and Authority
The undersigned is duly authorized to execute this Statement of Bidders Qualifications
under penalty of perjury on behalf of the Bidder. The undersigned warrants and
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CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL STATEMENT OF BIDDER'S QUALIFICATIONS
STANDARD SPECIFICATIONS 00035
VERSION 08-07
PAGE 6 OF 7
represents that he/she has personal knowledge of each of the responses to this Statement
• of Bidder's Qualifications and/or that he/she has conducted all necessary and appropriate
inquiries to determine the truth, completeness and accuracy of responses to this Statement
of Bidder's Qualifications.
The undersigned declares and certifies that the responses to this Statement of Bidder's
Qualifications are complete and accurate; there are no omissions of material fact or
information that render any response to be false or misleading and there are no
misstatements of fact in any of the responses.
Executed this oZ 0 K day of v 20 U5 at P1VC 1 wt, , CA;
(City and State)
I declare under penalty of perjury under California law that the foregoing is true d correct.
l
(Signal
V Pd-~/L~(J=~~.J /IIl'~LC-Z'Z /`Aim
('T'yped or written name)
END OF SECTION
E
• CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL STATEMENT OF BIDDER'S QUALIFICATIONS
STANDARD SPECIFICATIONS 00035
VERSION 08-07
PAGE 7 OF 7
State Of California
CONTRACTORS STATE LICENSE BOARD
ACTIVE LICENSE eA
Affah
787198 CORP
w_ THE NAZERIAN GROUP
u••~~•M•A B C15
11/30/2008 ~lo~
PROJECTS BY THE NAZERIAN GROUP
Project: Mountain Avenue Elementary School
Owner: Glendale Unified School District
Phone: (818) 507-0201
Project Manager: Mike
Agreed Amount: $3,149,750.00
Architect: Osborn Architect
Project: Alhambra High School
Owner: Alhambra Unified School District
Phone: (626) 308-2271
Project Manager: Mike
Agreed Amount: $925,000.00
Architect: Alhambra Unified School District
Project: Ynez
Owner: Alhambra Unified School District
Phone: (626) 308-2271
Project Manager: Mike
Agreed Amount: $365,000.00
Architect: Alhambra Unified School District
Project: Irwindale community Senior Center
Owner: Cit of Irwindale
Phone: (626) 430-2210
Project Manager: Edgar Rojas
Agreed Amount: $178,450.00
Architect: Jubany Architecture
Project: Loma Alta & Sierra Mesa Elementary School
Owner: Pasadena Unified School District
Phone: (626) 798-9171
Project Manager: Vanir
Agreed Amount: $176,450.00
Architect: Jubany Architecture
Project: Remodel Building B at District Office
Owner: El Monte City School District
Phone: (626) 852-4784
Project Manager: APM, Inc.
Agreed Amount: $147,450.00
Project: Alhambra School District 7 sites Group C Only
Owner: Alhambra Unified School District
Phone: (626) 308-2271
Project Manager: Alhambra Unified School District
Agreed Amount: $275,000.00
Architect: Alhambra Unified School District
Project: Audubon Elementary School
Owner: Pasadena Unified School District
Phone: (626) 296-6746
Project Manager: Vanir
Agreed Amount: $517,450.00
Architect: Flewelling & Moody (626) 449-6787
Project: Walt Disney'Elementary School
Owner: Burbank Unified School District
Phone: (818) 729-4461
Project Manager: Bernards Bros.
Agreed Amount: $1,737,450.00
Architect: WLC Architects (909) 987-0909
Project: Stevenson Elementary School
Owner: Burbank Unified School District
Phone: (818) 729-4461
Project Manager: Bernards Bros.
Agreed Amount: $47,450.00 & $334,450.00
Architect: Flewelling & Moody (626) 449-6787
Project: San Marino Public Library
Owner: City of San Marino
Phone: (626) 300-0718
Project Manager: Matt Ballantyne
Agreed Amount: $170,000.00
Architect: Fields Devereaux Architects & Engineers (323) 965-7444
Project: Valle Lindo High School
Owner: El Monte Union High School District
Phone: (626) 852-4784
Project Manager: Shell Beebe
Agreed Amount: $87,775.00
Architect: NTD Architects (626) 963-5771
Project: Rio Vista & Wilkerson Portable Buildings
Owner: El Monte City School District
Phone: (626) 444-3422
Project Manager: Shell Beebe
Agreed Amount: $148,450.00
Architect: NTD Architect (626) 963-5771
Project: MSB Tenant Improvement
Owner: City of Glendale
Phone: (818) 548-3970
Project Manager: John Hickman
Agreed Amount: $244,900.00
Architect: Design Builders
Project: Adams Square
Owner: City of Glendale
Phone: (818) 548-2060
Project Manager: Kathrine Miller
Agreed Amount: $261,155.00
Architect: Charles Walton Associate (818) 240-5456
Project: Relocatable site work Baldwin, Century, San Gabriel
Owner: Alhambra Unified School District
Phone: (626) 308-2318
Project Manager: Curtis E. Throngard
Agreed Amount: $393,950.00
Architect: Langdon Wilson Architect (213) 250-1186
Project: Emerson Elementary School
Owner: Burbank Unified School District
Phone: (818) 729-4461
Project Manager: Yousef Farkhondeh
Agreed Amount: $64,000.00
Total: $67,000.00
Date Completed: 08/2001
Architect: Charmichael-Kemp AIA (626) 357-9880
Project: Jordan Middle School
Owner: Burbank Unified School District
Phone: (818) 729-4461
Project Manager: Yousef Farkhondeh
Agreed Amount: $157,000.00
Total: $173,000.00
Date Completed: 12/2001
Architect: Burbank Unified School District
Project: New Stage at South El Monte High School
Owner: El Monte Union High School District
Phone: (626) 852-4784
Project Manager: Atta Alsaleh
Agreed Amount: $87,775.00
Change Order: $5,570.34
Total: $93,345.34
Date Completed: May 2001
Architect: George Behnam Architect (714) 572-2384
Project: Council Chamber Renovation
Owner: City of Burbank
Phone: (818) 238-3860
Project Manager: Bob Pike
Agreed Amount: $395,450.00
Change Order: $27,394.41
Total: $422,844.41
Date Completed: September 2001
Architect: La Canada Design Group (626) 795-6474
Project: District Administration Building
Owner: Burbank Unified School District
Phone: (818) 729-4461
Project Manager: Yousef Farkhondeh
Agreed Amount: $849,750.00
Change Order: $68,724.00
Total: $918,474.00
Date Completed: March 2000
Architect: Adolph Ziemba AIA & Associates Inc. (818) 841-2585
Project: Maple Park
Owner: City of Glendale
Phone: (818) 548-6421
Project Manager: George Balteria
Agreed Amount: $370,000.00
Change Order: $37,553.50
Total: $407,553.50
Date Completed: September 200
Architect: Jubany Architecture
Project: Bret Harte Elementary School
Owner: Burbank Unified School District
Phone: (818) 729-4461
Project Manager: Yousef Farkhondeh
Agreed Amount: $2,761,250.00
Change Order: $64,852.04
Total: $2,806,452.04
Date Completed: November 1999
Project: Jordan Middle School Modernization
Owner: Burbank Unified School District
Phone: (818) 72
Project Manager
Agreed Amount:
Change Order:
Total:
Date Completed:
-4461
Yousef Farkhondeh
$4,643,730.00
$726,515.74
$5,370,245.74
March 1999
Project: Valley View Elem. School Electrical Upgrades & HVAC
Owner: Glendale Unified School District
Phone: (818) 241-311 Ext.470 Patrick Kennedy
Project Manager: Skip Buttler
Agreed Amount: $2,032,950.00
Change Order: $139,364.62
Total: $2,172,314.62
Date Completed: January 1999
Project: Site Utility for Portable at Jefferson, Mann, & Roosevelt
Owner: Glendale Unified School District
Phone: (818) 241-311 Ext.470 Patrick Kennedy
Project Manager: Skip Buttler
Agreed Amount: $425,000.00
Date Completed: July 1998
Project: Monterey Elementary School Paving & Site Utility
Owner: Burbank Unified School District
Phone: (818) 558-5441
Project Manager: David Gott
Agreed Amount: $192,438.00
Change Order: $17,600.00
Total: $210,038.00
Date Completed: August 1998
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THE NAZERIAN GROUP
FINANCIAL STATEMENTS
AS OF DECEMBER 31, 2007
AND FOR THE YEAR THEN ENDED
TOGETHER WITH THE ACCOUNTANTS' REVIEW REPORT
THE NAZERIAN GROUP
INDEX TO FINANCIAL STATEMENTS AND SCHEDULES
DECEMBER 31, 2007
CONTENTS
Page
Accountants' Review Report
......................................1
Financial Statements
Balance Sheet
2-3
Statements of Income and Retained Earnings
......................................4
Statement of Cash Flows
5-6
Notes to Financial Statements..
7-10
Supplementary Infonnation
Schedules to Statements of Income and
Retained Earnings
11-12
Contract Descriptions
....................................13
Schedule I - Schedule of Contracts Completed
....................................14
Schedule If - Schedule of Contracts in Progress
15-16
WHITEHORSE
& COMPANY, CPA
XN A PROFFSSTONAL CORPORA'1"ION
ACCOUNTANTS' REVIEW REPORT
To Roard of Directors
The Nazerian Group
We have reviewed the accompanying Balance Sheet of The Nazerian Group as of December 31,
2001, and the related Statements of Income and Retained Earnings and Cash Flows for the year
then ended in accordance with Statements on Standards for Accounting and Review Services
issued by the American Institute of Certified Public Accountants. All information included in
these financial statements is the representation of the Company's management.
A review consists principally of inquiries of Company personnel and analytical procedures
applied to financial data. It is substantially less in scope than an audit in accordance with
generally accepted auditing standards, the objective of which is the expression of an opinion
regarding the financial statements taken as a whole. Accordingly, we do not express such an
opinion.
Based on our review, we are not aware of any material modifications that should be made to the
accompanying financial statements in order for them to be in conformity with generally accepted
accounting principles.
The other data in Schedules 1, 2, 3, I and 11 accompanying the financial statements are presented
only for supplementary analysis purposes and have been subjected to the inquiries and analytical
procedures applied in the review of the basic financial statements. We did not become aware of
any material modifications that should be made to the other data.
V2'~' g,
Burbank. California
February 1 .5, 2008
Phone (818) 954-8864 Fax (818) 954-8540
3316 West Victorv Boulevard, Second Floor, Burbank. California 91505-1562
THE NAZERIAN GROUP
BALANCESHEET
DECEMBER 31, 2007
ASSETS
Current assets
Cash (note 1) $ 1,022,754
Accounts receivable (note l) l 1,349,301
Due on retention (note 2) 1,115,771
Costs and estimated earnings
in excess of billings on
on uncompleted contracts (note 1) 82,443
Prepaid income taxes 800
Total current assets $ 3,571,069
Fixed assets: (note 1)
Furniture and fixtures
15,275
Machinery and equipment
25,000
Transportation equipment
69,000
109,275
Less accumulated
depreciation
109 275)
Net fixed assets
0
TOTAL ASSETS
S_ 3,571,
062
The accompanying accountants' review report should be read with
these financial statements. The accompanying notes are
an integral part of these financial statements.
THE NAZERIAN GROUP
BALANCESHEET
DECEMBER 31, 2007
LIABILITIES AND STOCKHOLDER'S EQUITY
Current liabilities
Linc of credit ( note 4)
S 498,460
Accounts payable
1,126,383
Billings in excess of cost
and, estimated earning
on uncompleted contracts (note 1)
108,747
Income taxes payable
7601
Total current liabilities 1,810,271
Long-term liabilities:
Deferred income taxes
(notes 1 and 3) 363,402
Total long-term liabilities 363,402
TOTAL LIABILITIES $ 2,173,673
STOCKHOLDER'S EQUITY
Common stock - 100,000 shares
authorized 10,000 shares
issued and outstanding 10,000
Contributed capital 242,235
Retained earnings 1,145,161
TOTAL STOCKHOLDER'S EQUITY 1,397,396
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY
Sj 7.1,069
The accompanying accountants' review report should be read with
these financial statements. The accompanying notes are
an integral part of these financial statements.
THE NAZERIAN GROUP
STATEMENTS OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 2007
Sales (schedule 1)
$ 6,085,113
100.00%
Cost of goods sold (schedule 1)
4,898.210
80.49
Gross profit (schedule 1)
1,186,903
19.51
General and administrative
expenses (schedule 2)
717.094
11.79
Income from operations
469,809
7.72
Other income and (expenses)
(schedule 3)
(33,706)
(0.55)
Income before income taxes
436,103
7.17
Provision for income taxes
(notes I and 3)
165,738
2.73
Net income
270,365
4.44%
Retained earnings at January 1, 2007
874396
Retained earnings at December 31, 2007
$ 1.145.161
The accompanying accountants' review report should be read with
these financial statements. The accompanying notes are
an integral part of these financial statements.
4
THE NAZERIAN GROUP
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2007
INCREASE (DECREASE) IN CASH AND
CASH EQUIVALENTS
Cash flows from operating activities:
Cash received from customers
Cash paid to suppliers and employees
Interest expense
Net cash provided by operating activities
Cash flows from financing activities:
Net advances from line of credit
Net cash provided by financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at January 1, 2007
Cash and cash equivalents at December 31, 2007
$ 5,666,050
(5,197,034)
(33,706)
248,460
$ 435,310
248,460
683,770
338.984
S 2L2 7 4
The accompanying accountants' review report should be read with
these financial statements. The accompanying notes are
an integral part of these financial statements.
THE NAZERIAN GROUP
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2007
RECONCILIATION OF NET INCOME TO NET CASH
PROVIDED BY OPERATING ACTIVITIES
Net income S 270,365
Adjustments to reconcile net income to net
cash provided by operating activities.
Increase in accounts receivable
$ (560,209)
Decrease in due on retention
208,968
Increase in cost in excess of billings
and estimated earnings on uncompleted
contracts
(67,822)
Increase in accounts payable
358,673
Increase in billings in excess of cost
and estimated earnings
on uncompleted contracts
60,397
Increase in accrued income taxes
75,881
Increase in deferred income taxes
89,057
Total adjustments 164,945
Net cash provided by operating activities $~31
The accompanying accountants' review report should be read with
these financial statements. The accompanying notes are
an integral part of these financial statements.
THE NAZERIAN GROUP
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2007
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Description of Business - The Company is located in Glendale, California and operates as
a construction contractor, providing services to the general public under fixed-price or
cost-plus-fee contracts. The duration of the contracts vary in length, but are typically less
than one year. The Company grants credit to its customers in the ordinary course of
business.
Use of estimate - Management uses estimates and assumptions in preparing financial
statements in accordance with generally accepted accounting principles. Those estimates
and assumptions affect the reported amounts of assets and liabilities, the disclosure of
contingent assets and liabilities, and the reported revenues and expenses. Actual results
could vary from the estimates that were used.
Revenue and Cost Recognition - The Company determines contract earnings under the
percentage-of-completion method. Under this method, the Company recognizes as
revenue that proportion of the total revenue anticipated from each contract which the
costs incurred to date bear to the currently estimated total costs. Because of the inherent
uncertainties in estimating total cost, it is at least reasonably possible that the estimate
used will change within the near future. Where a loss is forecast for the contract, the full
amount of the anticipated loss is recognized in the four months in which it is determined
a loss will occur.
Contract costs include all direct material and labor costs and those indirect costs related
to contract performance, such as indirect labor, materials, supplies and tool costs.
General and administrative costs are charged to expense as incurred. Provisions for
estimated losses on uncompleted contracts are made in the period in which such losses
are determined.
The asset, "Costs and estimated earnings in excess of billings on uncompleted contracts",
represents revenues recognized in excess of amounts billed.
The liability, "Billings in excess of costs and estimated earnings on uncompleted
contracts", represents amounts billed in excess of revenues recognized.
The accompanying accountants' review report
should be read with these financial statements.
THE NAZERIAN GROUP
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2007
-continued-
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)
Cash - The Company considers unrestricted currency, demand deposits, certificates of
deposits, and money market accounts as cash. The Company maintains cash balances at
various financial institutions that are insured by the Federal Deposit Insurance
Corporation up to $100,000. At various times throughout the year ended December 31,
2007, the Company had deposits in excess of the federally insured limit.
Accounts receivable - It is the opinion of the Company's management that all accounts
receivable are collectible. Accordingly, no allowance for uncollectible accounts has been
provided.
Fixed assets - Fixed assets are carved at cost. Depreciation is computed using the
straight-line and double declining balance methods over the estimated useful lives of the
assets, which range from 5 to 7 years.
Accrued and deferred income taxes - Deferred income taxes are provided for the
differences in timing in the reporting of income for financial statement and tax purposes
arising from the differences in the treatment of California franchise taxes, the method of
computing depreciation, and the methods of computing contract revenues.
2. DUE ON RETENTION
The customers of the Company retain a portion of the progress billings for construction
projects in progress. Upon completion of the contracts, all retainages' are remitted to the
Company.
The accompanying accountants' review report
should be read with these financial statements.
THE NAZERIAN GROUP
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2007
-continued-
3.
4.
5.
PROVISION FOR INCOME TAXES
The provision for income taxes for the year ended December 31, 2007 consists of the
following:
Federal
State
Total
Accrued income taxes
$ 49,303
$ 27,378
$ 76,681
Deferred income taxes
62550
26,507
89.057
Provision for income taxes
-L $ 3
S~_3 88S
$ 165.738
LINE OF CREDIT
The company has established a $500,000 line of credit with its bank. Interest payments
are due monthly at 6.50% per annum. The balance outstanding as of December 31, 2007
is $498,460. The line of credit is personally guaranteed by the shareholder of the
Company.
CONCENTRATIONS
The Company performed 15 major contracts during the year ended December 31, 2007.
As a result, the Company has a concentration of receivables with three owners, which
accounts for approximately 100% of the accounts receivable and due on retention.
The accompanying accountants' review report
should be read with these financial statements.
9
THE NAZERIAN GROUP
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2007
-continued-
6. BACKLOG
Backlog represents the amount of revenue the Company expects to realize from work to
be performed on uncompleted contracts at year ended and from contractual agreements
on which work has not yet begun. The following summarizes the changes in backlog at
December 31, 2007:
Backlog at January 1, 2007
New contracts during the year
ended December 31, 2007
Contract revenue earned during the
year ended December 31, 2007
Backlog at December 31, 2007
$ 1,399,939
8,812,173
(6,095,113)
$ 4.126.999
The accompanying accountants' review report
should be read with these financial statements. 10
THE NAZERIAN GROUP
SCHEDULES TO STATEMENTS OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 2007
SCHEDULE I - SALES AND COST OF GOODS SOLD
Sales
Contracts completed (schedule 1)
Contracts in progress (schedule II)
Total
$ 2,184,914
3,900,199
Cost of Gross
Goods Sold Profit
$ 1,505,037 S 679,877
3,393,173 507,026
5. _6 085.1_1 $ 4.898.210 S..118 903
The accompanying accountants' review report should be read with
these financial statements. The accompanying notes are
an integral part of these financial statements.
THE NAZERIAN GROUP
SCHEDULES TO STATEMENTS OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 2007
SCI117DULE 2 - GENERAL AND ADMINISTRATIVE EXPENSES
Auto and travel
$ 47,187
0.79%
Bank charges
3,112
0.05
Contributions
3,458
0.06
Dues and subscriptions
2,994
0.05
Employee benefits
6,954
0.11
Equipment rental
35,685
0.59
Insurance
39,799
0.65
Legal and professional
34,099
0.56
License and permits
1,088
0.02
Office expenses
27,709
0.46
Office salaries
92,549
1.52
Officer salaries
347,514
5.71
Payroll taxes
463
0.01
Postage
3,323
0.05
Printing
3,199
0.05
Repairs and maintenance
555
0.01
Security
206
0.00
Storage
2,633
0.04
Taxes and licenses
20,154
0.33
.Telephone
25,686
0.42
Utilities
18,727
0.31
Total general and administrative expenses
$ 717.09 4
11-79%
SCHEDULE 3 - OTHER INCOME AND (EXPENSES)
Interest expense
$ 3( 3,706)
(0.55)%
Total other income and (expenses)
$3706)
55)%
The accompanying accountants' review report should be read with
these financial statements. The accompanying notes are
an integral part of these financial statements.
12
THE NAZERIAN GROUP
CONTRACT DESCRIPTIONS
DECEMBER 31, 2007
JOB DESCRIPTION
2233
Park Elementary School Modernization
2238
Emery Park Elementary School New
2239
Emery Park Elementary School Modernization
2240
Garfield Elementary Modernization
2241
Garfield Elementary New
2242
Santa Susana Elementary
2244
Washington K-8 Phase I
2248
Linda Vista Road
2249
Santa Susana High School
2250
Washington K-8 and CC School
2251
Park Elementary School New
2252
Mission Building & Offices Phase 1
2253
Mission Building & Offices
2254
Marengo Building
2255
Carr Park
9999
Miscellaneous completed
The accompanying accountants' review report should be read with
these financial statements. The accompanying notes are
an integral part of these financial statements.
13
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SECTION 00060
BID BOND
KNOW ALL MEN BY THESE PRESENTS,
That we, The Nazerian Group as Principal,
and The Guarantee Company of North America as Surety, are
held and firmly bound, along with our respective heirs, executors, administrators, successors and
assigns, jointly and severally, unto City of Rosemead, hereinafter "Obligee," for payment of the
penal sum hereof in lawful money of the United States, as more particularly set forth herein.
THE CONDITION OF THIS OBLIGATION IS SUCH THAT-
WHEREAS, the Principal has submitted the accompanying Bid Proposal for the Work
commonly described as City of Rosemead Park Bike / Pedestrian Trail
and the .Bid Proposal must be accompanied by Bid Security.
WHEREAS, subject to the terms of this Bond, the Surety is firmly bound unto the
Obligee in the penal sum of TEN PERCENT (10%) of the maximum amount of the Bid
Proposal submitted by the Principal to the Obligee, as set forth above, inclusive of additive
alternate bid items, if any.
NOW THEREFORE, if the Principal shall not withdraw said Bid Proposal within the
period specified therein after the opening of the same, or, if no period be specified, for sixty (60)
days after opening of said Bid Proposal; and if the Principal is awarded the Contract, and shall
within the period specified therefore, or if no period be specified, within five (5) days after the
prescribed forms are presented to him for signature, enter into a written contract with the
Obligee, in accordance with the Bid Proposal as accepted, and give such bond(s) with good and
sufficient surety or sureties, as may be required, for the faithful performance and proper
fulfillment of such Contract and for the payment for labor and materials used for the performance
of the Contract, or in the event of the withdrawal of said Bid Proposal within the period specified
for the holding open of the Bid Proposal or the failure of the Principal to enter into such Contract
and give such bonds within the time specified, if the Principal shall pay the Obligee the
difference between the amount specified in said Bid Proposal and the amount for which the
Obligee may procure the required Work and/or supplies, if the latter amount be in excess of the
former, together with all costs incurred by the Obligcc in again calling for Bids or otherwise
procuring said Work or supplies, then the above obligation shall be void and of no effect,
otherwise to 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 or the Call for Bids, the Work to be performed
thereunder, the Drawings or the Specifications accompanying the same, or any other portion of
the Contract Documents shall in any way affect its obligations under this Bond, and it does
CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL BID BOND
STANDARD SPFCIFICATIONS 00060
VERSION 08-07
PAGE. 1 OF 2
hereby waive notice of any such change, extension of time, alteration or addition to the terms of
said Contract, the Call for Bids, the Work, the Drawings or the Specifications, or any other
portion of the Contract Documents.
In the event that suit or other proceeding is brought upon this Bond by the Obligee, the
Surety shall pay to the Obligee all costs, expenses and fees incurred by the Obligee in connection
therewith, including without limitation, attorneys' fees.
1N WITNESS WHEREOF, the Principal and Surety have executed this instrument this
19th day of August 1 2008 by their duly authorized agents or representatives.
Bidder:
(corporate Seal)
Surety
(Corporate Seal)
(Attach Attorney-in-Fact Certificate)
The Nazerian Group
(P Y
By:
(Signature)
VAfl ad PA-,rpA ✓ 6FgZe l-
(Typed or Printed Name & Title)
543 Arden Ave., Glendale, CA 91203
(Address)
The Guarantee Company of North America USA
(Surety's Name)
By:
(Si tur f orney-in-Fact for Surety)
William Sorkin Attorney-in-Fact
(Typed or Printed Name)
1800 Sutter St. Ste 735, Concord, CA 94520
(Address of Surety's Office where Bond is issued)
(925)566-6040
(Area Code and Telephone Number of Surety)
CITY OF ROSEMEAD PARK PEDESTRIAN TRAIL BID BOND
STANDARD SPECIFICATIONS 00060
VERSION 08-07
PAGE 2OF2
THE GUARANTEE COMPANY OF NORTH AMERICA USA
Southfield, Michigan.
POWER OF ATTORNEY
KNOW ALL BY THESE PRESENTS: That THE GUARANTEE COMPANY OF NORTH AMERICA USA, a corporation organized and existing under the
laws of the State of Michigan, having its principal office in Southfield, Michigan, does hereby constitute and appoint
William Syrkin, Mattheru C. Welty
Millennium Corporate Solutions, Inc.
its true and lawful attomey(s)-in-fact to execute, seal and deliver for and on its behalf as surety, any and all bonds and undertakings, contracts of
indemnity and other writings obligatory in the nature thereof, which are or may be allowed, required or permitted by law, statute, rule, regulation, contract
or otherwise.
The execution of such instrument(s) in pursuance of these presents, shall be as binding upon THE GUARANTEE COMPANY OF NORTH AMERICA
USA as fully and amply, to all Intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at the
principal office.
The Power of Attorney is executed and may be certified so, and may be revoked, pursuant to and by authority of Article IX, Section 9.03 of the By-Laws
adopted by the Board of Directors of THE GUARANTEE COMPANY OF NORTH AMERICA USA at a meeting held on the 310 day of December, 2003.
The President, or any Vice President, acting with any Secretary or Assistant Secretary, shall have power and authority;
1. To appoint Attorney(s)-in-fact, and to authorize them to execute on behalf of the Company, and attach the Seal of the Company thereto, bonds
and undertakings, contracts of indemnity and other writings obligatory in the nature thereof; and
2. To revoke, at any time, any such Attomey-in-fact and revoke the authority given, except as provided below
3. 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.
Further, this Power of Attorney is signed and sealed by facsimile pursuant to resolution of the Board of Directors of the Company adopted at a meeting
duly called and held on the 310 day of December 2003, of which the following is a true excerpt:
RESOLVED that the signature of any authorized officer and the seal of the Company may be affixed by facsimile to any Power of Attorney or certification
thereof authorizing the execution and delivery of any bond, undertaking, contracts of indemnity and other writings obligatory in the nature thereof, and
such signature and seal when so used shall have the same force and effect as though manually affixed.
IN WITNESS WHEREOF, THE GUARANTEE COMPANY OF NORTH AMERICA USA has caused
this instrument to be signed and its corporate seal to be affixed by its authorized officer, this 13th day
~oP"""TFEOO~, of November, 2007.
^W yE
oyO~G J9 THE GUARANTEE COMPANY OF NORTH AMERICA USA
'MwMEP~ - '
STATE OF MICHIGAN Stephen Dullard, Vice President Randall Musselman, Secretary
County of Oakland
On this 13th day of November, 2007 before me came the individuals who executed the preceding instrument, to me personally known, and being by me
duly swom, said that each is the herein described and authorized officer of The Guarantee Company of North America USA; that the seal affixed to said
instrument is the Corporate Seal of said Company; that the Corporate Seal and each signature were duly affixed by order of the Board of Directors of
said Company.
Cynthia A. Takai IN WITNESS WHEREOF, I have hereunto set my hand at The Guarantee
yw~-' ` Notary Public, State of Michigan Company of North America USA offices the day and year above written.
County of Oakland
My Commission Expires February 27, 2012 Acting in Oakland County I, Randall Musselman, Secretary of THE GUARANTEE COMPANY OF NORTH AMERICA USA, do hereby certify that the above and foregoing is a true
and correct copy of a Power of Attorney executed by THE GUARANTEE COMPANY OF NORTH AMERICA USA, which is still in full force and effect.
IN WITINESS WHEREOF, I have thereunto set my hand and attached the seal of said Company this 19th day of August 2008.
W, E,pNTFE OQ 1
Randall Musselman, Secretary
ORrI/RMEP WP
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
- C~^ iT!'PYL- .~`f'~ .a(' ^A•.b`(`a-~.fi'~' •C'P.~C-t~'wE•.'ZY'4Y~`Q- °-Y
State of California 1
County of Orange Jy
On 08/19/08 before me, R. Haas-Bates, Notary Public ,
pare Mere Insert Name and Title of the officer
personally appeared William Syrkin
Name(s) of Signer(s)
BATES ~
1796169
• CAIIFORNIp +nOUNTY n
PRIL 22, 2072
ame
Place Notary Seal Above
who proved to me on the basis of satisfactory evidence to
be the person(s) whose name(s) is/ere subscribed to the
within instrument and acknowledged to me that
he/shMSey executed the same in his/Hefi4heif authorized
capacity(ies), and that by his/keFAheir signature(s} on the
instrument the person(s}, or the entity upon behalf of
which the person(st acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws
of the State of California that the foregoing paragraph is
true and correct.
and official seal.
WITNESS mmyhand
Signature Kdl~ no ft ry Pu
Sgdic
OPTIONAL
Though the information below is not required by law, it may prove valuable to persons relying on the document
and could prevent fraudulent removal and reattachment of this form to another document.
Description of Attached Document
Title or Type of Document:
Document Date:
Signer(s) Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name:
❑ Individual
Corporate Officer-Title(s): -
❑ Partner - ❑ Limited ❑ General
7 Attorney in Fact
❑ Trustee
G Guardian or Conservator
Other:
Signer Is Representing:
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Number of Pages:
Signer's Name:
❑ Individual
❑ Corporate Officer - Title(s):
❑ Partner - ❑ Limited O General
❑ Attorney in Fact
❑ Trustee
Guardian or Conservator
❑ Other:
Signer Is Representing:
Top of (numb here
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