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Init. <br />AIA Document A31 OTM <br />-2010 <br />N. Tol -, 4=1 � I <br />CONTRACTOR: SURETY: <br />(Name, legal status and address) (Name, legal status and principal place <br />Brown & Brown General Contractors, Inc. of business) <br />P. O. Box 487 Philadelphia Indemnity Insurance Company <br />Wakarusa, IN 46573-0487 Bala Cynwyd, PA <br />OWNER: <br />(Name, legal status and address) <br />City of South Bend Board of Public Works <br />County -City Building Room 1316, 227 West Jefferson Blvd <br />South Bend, IN 46601 <br />BOND AMOUNT: <br />Five Percent of the Total Bid <br />PROJECT: <br />(Name, location or address, and Project number, if any) <br />Fire Station 49; Project No. 116-012 <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 />5% of Total Bid plural where applicable. <br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the <br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and <br />severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor <br />within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and <br />Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such <br />bid, and gives such bond or bonds as, may be specified in the bidding or Contract Documents, with a surety admitted <br />in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract <br />and for the prompt payment of labor and material furnished in the prosecution thereof, or (2) pays to the Owner the <br />difference, not to, exceed the amount of this Bond, between the amount specified in said bid and such larger amount <br />for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this <br />obligation shall be null and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of <br />an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of <br />notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for <br />acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for <br />an extension beyond sixty (60) days. <br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall <br />be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. <br />When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project, <br />any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and <br />provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so <br />furnished, the intent is that this Bond shall be construed as a statutory bond and not as a common law bond. <br />ed and sealed this 20th day of February 2018 <br />Brow wn Gcp,�;Iral Cornr Inc. <br />n &,Rro <br />(Witness) (Principal) (Seal) <br />_1 town, <br />A M— —, <br />(Title) i, President <br />Phila demnity Insurance Company <br />(Buret y) ,,,7 (Seal) <br />(Witness) <br />JW5))'Ij2nnifer L. K"a`sznia/,A/ttomey in Fact <br />C,AUTIM You stwWd s1gn an orl&al NA Contract Document, 047"Ittlicl h thh� text aprmars, in ICpaM An originMassunws that <br />changes wM not big obscured, <br />AIA Document A310TM° — 2010. Copyright to 1963, 1970 and 2010 by The American institute of Architects. All rights reserved. WARN ING ° ThN A10" <br />Documaint is protected by ILS, Copyright Law wind LiternaflanM"rreabss. iunautlPreoiirl ed reproductJon mar rfistribution of this AIA" Document, or <br />any porfion of It, rimy reeryllt hi severe cilyfl and crionlinaI perraffies, and wilt bq� prosecilAtod to the Ina ximurn eNteint possffille undar tire i0w, <br />Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyrIght violations of AIA Contract Documents, e-mail <br />The American Institute of Architects' legal counsel, copydght@aia,org. 061110 <br />