Change Order No 1 & PCA - Olive Street Metronet Conduit Proj No 117-021 - C&E Excavating Inc

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AV EMC. Employers Mutual Casualty Company Bond No. S453977 MAINTENANCE BOND KNOW ALL MEN BY THESE PRESENTS: That C & E Excavating, Inc. of Elkhart IN as Principal, and EMPLOYERS MUTUAL CASUALTY COMPANY of Des Moines, Iowa as Surety, are firmly bound unto City Of South Bend (hereinafter called Obligee) in the Penal Sum of Twelve Thousand Eight Hundred Sixty Six Dollars and 00/100 ($ 12 866.00 1 ) Dollars lawful money of the United States of America, for the payment of which, well and truly to be made, the Principal and Surety bind themselves, their and each of their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. Whereas, the said Principal has completed a certain contract, Olive Street Metronet Conduit Pro'ect#1 17-021 in conformity with certain specifications; and submits said contract for acceptance by the Obligee. Whereas, a further condition of said contract is that the said principal should furnish a bond of indemnity, guaranteeing to remedy any defects in workmanship or materials that may develop in said work within a period of 3 years from the date of acceptance of the work under said contract; and Whereas, the said EMPLOYERS MUTUAL CASUALTY COMPANY of Des Moines, Iowa for a valuable consideration, has agreed to join with said principal in such bond or guarantee, indemnifying said Obligee, as aforesaid; Now, therefore, the Condition of This Obligation is such, that if the said Principal does and shall, at his own cost and expense, remedy any and all defects that may develop in said work, within the period of 3 years from the date of acceptance of the work under said contract, by reason of bad workmanship or poor material used in the construction of said work, then this obligation to be null and void; otherwise to be and remain in full force and virtue in law. Date of Formal Acceptance of Contract: Signed and delivered this 5th Cray of November 17, 2017 December, — __ 201 --- Bond Approved: At ::?�Qyr'oP40Rq f�III��: SEAL C & E Excavating, Inc. House r AL CASUALTY COMPAN Surety / 7231 (03/09)