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Opening of Bids - Spec D 2016 or Newer 28 Cubic Yard Single Arm Side Loading Refuse Truck - Best Equipment Co. #4
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Opening of Bids - Spec D 2016 or Newer 28 Cubic Yard Single Arm Side Loading Refuse Truck - Best Equipment Co. #4
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4/1/2025 11:50:22 AM
Creation date
3/15/2017 2:24:24 PM
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Board of Public Works
Document Type
Projects
Document Date
3/14/2017
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FEDERATED Federated Mutual Insurance Company <br />Home Office: Owatonna, MN 55060 <br />/NSUMNCE111'® <br />Bond No. 6038829 <br />KNOW ALL PERSONS BY THESE PRESENTS, that we BEST EQUIPMENT CO INC <br />5550 POINDEXTER DRIVE <br />INDIANAPOLIS, IN 46235 <br />as Principal and FEDERATED MUTUAL INSURANCE COMPANY OF OWATONNA, MINNESOTA, a corporation, <br />organized and existing under the laws of the State of MINNESOTA and having its principal place of business at 121 <br />East Park Square, Owatonna, Minnesota, as Surety, are held and firmly bound unto <br />CITY OF SOUTH BEND <br />227 WEST JEFFERSON SOUTH BEND, IN 46601 as Obligee, <br />in the sum of 10% OF THE BID <br />Dollars ($ <br />for payment of which the Principal and the Surety bind themselves, their heirs, executors, administrators, successors <br />and assigns, jointly and severally, firmly by these presents. <br />THE CONDITION OF THIS OBLIGATION IS SUCH, That, whereas the Principal has submitted or is about to submit a <br />proposal to the Obligee on a contract for ONE, MORE OR LESS, 2016 OR NEWER, 28 CUBIC YARD SINGLE ARM, <br />SIDE LOADING REFUSE TRUCK <br />NOW, THEREFORE, if the said contract be awarded to the Principal and the Principal shall, within such time as may <br />be specified, enter into the contract in writing, and give bond, with surety acceptable to the Obligee for the faithful <br />performance of the said contract; or if the Principal shall fail to do so, pay to the Obligee the damages which the <br />Obligee may suffer by reason of such failure not exceeding the penalty of this bond, then this obligation shall be void; <br />otherwise to remain in full force and effect. <br />Signed and sealed this <br />14TH day of MARCH , 2017 <br />BY: <br />will <br />CO INC <br />1mann, Se <br />MUTUAL INSURANCE <br />AF-30M Ed. 07-13 <br />
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