Laserfiche WebLink
BID BOND Travelers Casualty and Surety Company of America <br />Hartford, CT 06183 <br />KNOWN ALL BY THESE PRESENTS, That we, The Sherwin-Willams Company , <br />as Principal, and Travelers Casualty and Sure" Company of America , as Surety, are <br />held and firmly bound unto City of South Bend, IN, Office of the Board of Public Works as <br />Obligee, in the sum of Ten Percent of the Amount of the Bid, Plus Alternates, If Any ----- <br />Dollars ( 10 % ) for the payment of which we bind ourselves, and our <br />successors and assigns, jointly and severally, as provided herein. <br />WHEREAS, Principal has submitted or is about to submit a bid to the Obligee on a <br />contract for Suuply -- Emaimnent Purchase for Nello Corporation Phase XV <br />Project No. 116-136 One Plural Component Pronortioner (Sprayer) ("Project"). <br />NOW, THEREFORE, the condition of this bond is that if Obligee accepts Principal's bid, <br />and Principal enters into a contract with Obligee in conformance with the terms of the <br />bid and provides such bond or bonds as may be specified in the bidding or contract <br />documents, then this obligation shall be void; otherwise Principal and Surety will pay to <br />Obligee the difference between the amount of Principal's bid and the amount for which <br />Obligee shall in good faith contract with another person or entity to perform the work <br />covered by Principal's bid, but in no event shall Surety's and Principal's liability exceed <br />the penal sum of this bond. <br />Signed this 3rd day of 3anuary , 2017 <br />THE SHERWIN-WILLIAMS COMPANY <br />(Principal) <br />By: bu <br />Travelers <br />Casualty <br />annddj ,Surety <br />yCompany of America <br />By. (/ <br />Cathy Ann Bl nik , Attorney -in -Fact <br />