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CONTRACTOR:
<br />(Alame, legal slatus eviel adfh-ess)
<br />Groan Damolition Contractors, Inc,
<br />1427 W Dickens Ave Chicago, IL 60614
<br />OWNER:
<br />(Alame, lepi slahis wid adeh-ess)
<br />City of South Bend Indiana
<br />Board of Public Works
<br />227 W Jefferson Blvd
<br />South Bend, IN 46601
<br />SURETY:
<br />(Name, legal dolts imel pi•ineipal place
<br />qfbnshless)
<br />Developers Surety and Indemnity Company
<br />PO Box 19725
<br />Irvine, CA 92623
<br />BOND AMOUNT: 5% not to exceed Seven Thousand Five Hundred Dollars
<br />PROJECT:
<br />(Molne, location or achkess, and Trqiecl mimber, ifew,a))
<br />Wreck and Removal - Project 117-121- 2017 Demolitions Phase 2 - Division C, 10 Properties.
<br />This document has important legal
<br />consequences. Consultation with
<br />an attorney is encouraged with
<br />respect to its completion or
<br />modification.
<br />Any singular reference to
<br />Contractor, Surety, Owner or
<br />other party shall be considered
<br />PILlfal where applicable,
<br />'flie Contractor and Surety are bound to the Owner in the amount set forth above, liar the payinent ol'which the
<br />Contractor and Surety bind themselves, their heirs, executors, administralors, SUCCCssorsand assigns, jointly and
<br />severally, as provided herein, I'lie conditions of this Bond are such that ifthe Owner ncefils the bid of the Contractor
<br />within file tinie specified in the bid (10CUMICitS, Or within such time period as may tic agreed to by file Owner and
<br />Contractor, and (tic Contractor either ( I ) enters into ,I contract with the Owner in accordance with the terms OlSUCh
<br />bid, mid gives Such bond or, bonds as may be specified in the bidding or ('011traCt I)OCLI1111211tS, With SLII'et)' UdIllitIM
<br />in the jurisdiction of the Protect and otherwise acceptable to file Owner, 11ol, the flailliful pe rforn 1,11 ice orsalch Contract
<br />and fior the prompt payment of labor and material l'urnished in file prosecution thereof. or (2) pays to the Owner the
<br />difibrence, not to exceed the amount ot'this Bond, between the anlMult specified in said bid and such larger amount
<br />liar which the 0wiler may in good 1i ilh contract with another party to perform the work covered by said bit], then this
<br />obligation Miall be null and void, otherwise to reillain ill Full fbrCC and CM0. '111C SUIVtV hereby waives any notice of
<br />all agreement between the Owner and Contractor to extend the tinge ill which the 0writer may, accept the bid. Waiver of
<br />notice by file Surety shall not apply to any extension exceediiq?, sixty (60) days in the aggregate beyond the tinic lot -
<br />acceptance ofbids specified in life bid documents, and the Ownet, and Contractor shall obtain the SLII'Ct)"S C011SCIlt 1`61'
<br />an extension beyond sixty (60) days,
<br />Ifthis Bond is issued ill connecti011 NVith a SLibcointractor's bid to as (1, oil tractor, the term. Contractor ill this Bond shall
<br />be decilled to be Subcontractor and the term Owner shall be deemed to be Contractor.
<br />When this Bond has been furnished 10 C011111)1y With as Sllatl.1101y 01'01110' legal IV(lLlirCI1lCnt in the location of the Project,
<br />all), provision in this Bond con1lictirig with said statl.11101'y 01' legal W(ILdIVI'llent Shall be deemcd deleted licrefroin and
<br />provisions conforming to such statutory or 0thCl' lCgat W(JUirernelit,shall be: deemed incorporated herein. When so
<br />furnished, the intent is that this Bond shall be: construed as a.sqilii. ltol�,,bond and not as a coninion law bond
<br />Signed and scaled this 7th (lily of December, 2017
<br />Green Demolitio6dqnt'i'acto In
<br />6
<br />t'Sc
<br />'P" /0,
<br />Developers Surety I and IndemnityCompany)
<br />(.Seal)
<br />(lade) David Parrilli 2 Attorney -In -Fact
<br />a",AUVOW Ycmj IlVra,itrllitMgn airl oirmglrtwll MA GoMnaira Doatn'non'r." nriri vovhlch, t1hi's text "qppovas rill l"ZM An oJt lirrzfl that
<br />charqjo,.r yvrlV ri�cA lh,t, cell,rmu red
<br />AIA Document A3101m— 2010, Copyright(r) 1963, 1970and 2010 by The American Institute of Architects. All rights reserved, VVAMAN�r NA"
<br />Init. mr, tacIN"'ch"d 1"1y L)"S" "„c')Jpyflglht ILA oV �ancl IlMeirnaUonall lvoafies,. sore rrs uoi ¢^t repmducflorr o,'n rfistribiulinn ar fl�lls PM' Eloonrionl, ov
<br />amy P,w6rhn cif K, lieu q, in srwe�(',' civil ,iivJ orfirnirufl and vvM pirour"'("I'lited l,eu the rwaximurn exron'r, P05%ft", urciev Ofe kvn,
<br />Purchasers are permitted to reproduce hen ('10) copies of this document where wrnpleiod. ro report copyright violations ofPdA Contract DocumonW, e-sytatl
<br />'The American Institute of Architects' legal Counsel, copyriglit@aaa.org. (KA I to
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