Opening of Bids - Newman Center Roof Repair - Slatile Roofing and Sheet Metal Co

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Document A31OTM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: SURETY: R14ane,legnLcrnitrsnndaddi•ersy (Mine,legal.ofttfusairdprincf/utlplucerfbnrinexs) Slatile Roofing & Sheet Metal, Inc. Merchants Bonding Company (Mutual) 1703 S. Ironwood Drive P.O. Box 14498 South Bend, IN 46613 Des Moines, IA 50306 - 3498 This document has on ant ation legal consequences.. Consultation Mailing Address for Notices with an attorney is encouraged with respect to Its completion or OWNER: modification. (,Name, legal status and adds ass) Any singular reference to City Of South Bend Board of Public Works contractor, surety, owner or 227 W Jefferson Blvd Room 1316 other party shall be considered plural where applicable. South Bend, IN 46601 BOND AMOUNT: $ 5% Five Percent of Amount Bid PROJECT: (Main, location or address, andllmjecrnaruber, Ifan)) Newman Recreational Center, 727 S Eddy St, South Bend, IN 46615 The Contractor and Surety arc bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety bind themselves• their hairs, executors, administrators, successors and assigns, jointlyand severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with ilia Owner in accordance with the terms of such bid, and gives such bond or bonds as may be specified in file bidding orContract Documents, with a surety admitted in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt payment of labor and material furnished in file prosecution thereof: or (2) pays to fire Owner the difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another Ponfy In Perlbno the work covered by said bid, their this obligulion shall be null and void, otherwise to remain in lull linen and ollect. The Surely hereby waives any notice ol'mr agreement between lire Owner and Contractor to extend the time in which the Owner may accept the bid. Waiverol'nolice by the Surely shall not apply to any extension exceeding sixty (60) days in lire aggregate beyond the time Air acceptance oi'bids specified in the bid documents, and lire Owner and Contractor shall obtain the Suret)as consent Air an extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the tcmr Contractor in this Bond shall be doomed to be Subcontractor and the tern Owner shall be deemed to be Contractor. When this Bond has been furnished to comply with a stutulory• or other legal requirement in the location ol'the Project, any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted heref lour and provisions eonlbrining to such statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that (his Blind shall be construed as a statutory bond and not as a common law bond. Signed and scaled this 22nd day of December,2016. t Ie Roofing & Sheet Metal, Inc. Ifl'!t ss) Rvr_ ff 1't'�S(lif.il• Merchants B nding Cam any (Mutual) (I In On) ( (C&) race HouseAttorney-in-Fact 8-00541AS 8r10