Opening of Bids - Spec AG - Two More or Less 2018 or Newer 1-2 Ton Crew Cab Four Wheel Drive Pickup Trucks - Jordan Ford

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Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: SURETY: (A'ame, legal .Yfalay andird4h-e-m) legal siams andpMicipal plave oftl4vilress) Jordan Automotive Group dba Jordan Ford The Hanover Insurance Company This document has Important 609 E. Jefferson Boulevard 440 Lincoln Street legal consequences. Consultation Mishawaka, IN 46545 Worcester, MA 01653 with an attorney Is encouraged with respect to its colmpleflon or modification. OWNER., (Name, legalstalusandad(iress) Any singular reference to Contractor, Surety, Owner or City of South Bend other party shall be considered 13th Floor, County -City Building, Room 1316, 227 West Jefferson Boulevard plural where applicable. South Bend, IN 46601 BOND AMOUNT: $ 10% Ten Percent of Amount Bid PROJECT: (Name, location or address. andIlrqlocinamber, ifaltl} Spec AG - Two (2) More or Less 2018 or Newer 1/2 Ton Crew Cab Four Wheel Drive Pickup Trucks The Contractor and Surety are bound to ilia Owner ill the amount sot forth above, for ilia payniont of which the Contractor and Surety bind tilemselves, their hairs, executors, administrators, successors and assigns, jointly and severally, as provided herein. Tile renditions of this Bond are such that if the Owner accepts the bid of the Contractor wilhin tho tirtic specified ill the bid documents, or within such flino period 03 1110V be agreed to by the Owner and Contractor, and tho Contractor cither (1) enters into, a contract with the Owner in accordance with the terns of such bid, and gives such bond or bonds as stay be specified in tile bidding or Contract Documents, willi -a surety admitted in Ilia jurisdiction of the llrqiect and otl)cr%viso acceptable to the Owner, for the faithful porformanco of such Contract and for tile prompt payment of labor and material furnished ill the prosecution Ilicreof; or (2) pays to the Owner the difference, not to exceed the amount of this Dorid, between Ilic amount specified in said bid and such larger amount for which the Owner may ill good faith contract %vith anollier party to perl'brni the Nvork covered by said bid, theta this obligation shall be nall and void, otherwise to remain in 1'411 force and ellbct. The Surely lierel)y %vaives any notice ()['an agreement b(',I%Vecll tile OWIlUr and Contractor to extend the time in which the Owner may accept 1110 bid. \«Iaivcrofnotice: by the Surety shall not apply Io any extension exceeding sixty (60) days in the aggregate beyond the time liar ac"ptunce ol'bids specified in the bid documents. and the Owner and Contractor shall obtain the Surety's consent tier ail extension beyond sixty (60) days. If this Bond is issued its connection with a subcontractor's bid to Contractor, the tents Contractor in this Bond shill be dcomed to be Skibcontractor and the torn Owner shall be deemed to be Contractor. When this Dolld has been l'iffnished to comply wills a stalfflory or other legal requirement in the location ol'the Project, any provi.sion in this Bond conflicting with said statutory or legal rectairenient shall be deemed deleted heret'rom and provisions confbnifliig to such sstaimoD, or other legal requirement shall be deemed incorporated herein.. When so kimislied, the intent is that this Bond shall be construed as asiatutory bond and not as a common la%v bond. Signcd and scaled this 12th day of December, 2017 C� . L. (07oloss) iZ (ft-ijjTE,v,$)'Uharissaf U. Lecuyer Jordan Automotive Group dba Jorden Ford (Plincipal) (,Scat) --4-r By: - f Ti 110 r4 V, `-I eet f k The Hanover Insurance Company (Seal) By: )/V (Titiv)Christy,. Braile Attorney -in -Fact Surety Phone No. 508-853-7200 S-0054/AS 8110