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MERCHANTS
<br />BONDING COMPANY,u
<br />MERCHANTS BONDING COMPANY (MUTUAL) P.O. BOX 14498, DES MOINES, IOWA 50306-3498
<br />Bid Bond PHONE: (800) 678-8171 FAX: (515) 243-3854
<br />CONTRACTOR: SURETY: Bond Number: N/A
<br />(Name, legal status and address) (A,ame, legal status and principal place
<br />Of basineS.$)
<br />Selge Construction co., for. Merchants BondingCompany (Mutual)
<br />2833 S. I lth Street Merchants P Y (n4 )
<br />Niles, M149120 ACot 'poration
<br />OWNER:
<br />6700 Westown Parkway, West Des Moines, IA 50266
<br />(.Name, legal status and address)
<br />City of South Bend, Indiana, Board of Public Works
<br />227 W. Jefferson, Room 1316
<br />This document has important legal
<br />South Bend, IN 46601
<br />consequences. Consultation with
<br />BOND AMOUNT: Five (5%) Of Accompanying Bid
<br />an attorney is encouraged with
<br />respect to its completion or
<br />PROJECT:
<br />modification.
<br />(Name, location or address, and Project number, ifony)
<br />Any singular reference to
<br />Randolph Street Basin Emergency Repairs, Project No. I I6-083D
<br />Contractor, Surety, Owner or
<br />other parry shall be considered
<br />South Bend, Indiana
<br />plural where applicable.
<br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the
<br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns,joindy and
<br />severally, as provided herein. The conditions ofthis Bond are such that if the Owner accepts the bid of the Contractor
<br />within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and
<br />Contractor, and the Contractor either (I ) enters into a contract with the Owner in accordance with the terms of such
<br />bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted
<br />in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract
<br />and for the prompt payment of labor and material furnished in the prosecution thereof,, or (2) pays to the Owner the
<br />difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount
<br />for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this
<br />obligation shall be null and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of
<br />an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of
<br />notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for
<br />acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for
<br />an extension beyond sixty (60) days.
<br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall
<br />be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor.
<br />When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project,
<br />any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and
<br />provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so
<br />furnished, the intent is that this Bond shall be construed as a statutory bond and not as a common law bond.
<br />Signed and sealed this 20th day of October, 2016
<br />Selge Constry tion Co.,_Ilc.
<br />r ��r
<br />(Principal) (Seal)(W5lncss) James Boyles, 87' e President
<br />(.Seal)
<br />f(Titf J.-Kevin Hughes, Attorney-ipg Tact
<br />CON 0657 (2/15) Printed in cooperation with Amerdcafi Institute of Architects (AIA). The language in this
<br />document conforms exactly to the language used in AIA Document A310-Bid Bond-2010
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