Opening of Bids - Fire Station #9 Project No 116-012 - Ziolkowski Construction Inc

Home Browse Search

AIA Document A31 OTM -2011, CONTRACTOR: (Name, legal staters and address) Ziolkowski Construction, Inc. 4050 Ralph Jones Drive South Bend, Indiana 46628 OWNER: (Nante, legal status and address) City of South Bend, Board of Public Works 227 West Jefferson Boulevard South Bend, Indiana 46601 BOND AMOUNT: SURETY: (,Vanie, legal status and principal place of business) Liberty Mutual Insurance Company 175 Berkeley Street Boston, MA 02116 Five Percent of Accompanying Bid 15% of Accompanying Bid) PROJECT: (Name, location or address, and Project number, ifany) Fire Station # 9 Project No. 116-012 ThIs document has Important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification. Any singutar reference to Contractor, Surety, Owner or other party shall be considered plural where applicable, The Contractor and Surety are bound to the Owner in tile amount set forth above, for the payment of which tile Contractor and Surety bind themselvestheir heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond are such dial if the Owner accepts the bid of the Contractor Nvid-lin the time specified in the bid documents, or within such time period as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terins of such bid, amid gives such bond or bonds as may be specified in tile bidding or Contract Documents, with a surety admitted in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt payment of labor and matcrial furnished in tile prosecution thereof, or (2) pays to the Owner the difference, not to exceed the amount of this Bond, between the ainount specified in said bid and such larger arnount for which the Owner may in good faith contract with another party to perfonn the work covered by said bid, then this obligation shall be mill and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of all agreement between the Owner and Conti -actor to extend the time in which the Owner may accept the bid. Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for acceptance of bids specified in the bid documents, and the Owner and Conti -actor shall obtain the Surcty's consent for an extension beyond sixty (60) days, If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deemed to be Subcontractor and the teen Owner shall be deeined to be Contractor. When this Bond has been furnished to comply with a statutory or other legal requirement in tile location of tile Project, any provision in this Bond conflicting with said statutory or legal requirement shall be deerned deleted lierefroin and provisions conf6rafing to such statutory or other legal requirement shall be dectned incorporated herein. When so funrislied, tile intent is that this Bond shall be construed as a statutory bond and not as a common law bond. Signed and scaled this 27th day of February, 2018 Ziolkowsk( Construction, Inc. V� X �'�K "Z CL_4"_)(x'C'V' (Princip, 'I) (Seal)_ (7 , i*)Bill Favors, President Liberty Mutual Insurance Company (Bern (Seal (H'7tne88) Shannon Reidenbach �1 L11Z ess) iniy Garcia (ff , itle) Adrienne C. Stevenson, Attorney-Iln-Fact