Opening of Bids - Granular Activated Carbon Re-Activation & Virgin Replacement - Carbon Activated Corporation

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Document A31 OTM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (,17ooe, legalmales and aclilremv) Carbon Activated Corporation 3774 Hoover Road Blasdell, NY 14219 OWNER: (Nance. legal stains mrd oddness) City of South Bend County -City Building, Room 1316, 227 West Jefferson South Bend, IN 46601 SURETY: (,Warne, legal stains mrd principal place (if bueiness) United States Fire Insurance Company 306 Madison Avenue Morristown, NJ 07962 Mailing Address for Notices Same as Above BOND AMOUNT: $ 10% Ten Percent of Amount Bid PROJECT: (Nmue, locorionoraddrass and ProJecinrcnrber, ffngi) Granular Activated Carbon Re -Activation and Virgin Replacement This document has important legal consequences. Consultation with an attorney is encouraged with respect to Its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. The Contractor and Surety arc bound to the Owner in ilia amount set forth above, for file payment of which the Contractor and Surety bind themselves, their hairs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond arc such that if ilia Owner accepts the bid of ilia 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 the Owner in accordance with the terms of such bid, mid gives such bond or bonds as may be specified in Ole bidding or Contract Documents, with a surely 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 the prosecution thereof: or (2) pays to ilia 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 party Ill paribrll Ilia work cowered by said bid, then this obligation shall be null and void, otherwise to remain in full three and olleot. The. Surety hereby waives any notice oftin agreement between the Owner and Contractor to extend the time in whiuh the Owner may accept ilia bid. Wniver oi'noliue by the Surely shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for acceptance ol'bids specified in the bid documents, and the Owner and Contractor shall obtain Ilia Surety's consent flor an extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the temt Contractor in this Bond shall be doomed to be Subcontractor and ilia term Owner shall be deemed to be Contractor. When this Bond has been furnished to comply with a statutory orotlmr legal requirement in the locution ofthe Pmjecl, any provision in this Blind con lieling with said statutory or legal requirement shall be deemed deleted herel'mnl and provisions amlbmring to such statutory or other legal requirement shall be deemed incorporated herein. When so famished, ilia intent is that this Bondshall be construed us a statutory hand and not as a common low bond. Signed and scaled this 9th dayof March,2017. Carbon &ctivated Corporation OlAi4� (Prin B clpn !11'inrassl lX' (fUlal (IP(Inexv) Heather Saltarelli United States Fire Insurance Company (Surely) /I (,Seal) (Pale) Kim Luu Attorney -in -Fact S•0054/AS 8110