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MERCHANTS
<br />BONDING COMPANY,.
<br />MERCHANTS BONDING COMPANY(MUTUAL) P.O. Box 14498, LIES lr OINES, IOWA 50306-3498
<br />Bid BondPHONE: (800) 678-8171 FAX: (515) 243-3854
<br />CONTRACTOR:
<br />(Name, legal stat¢+s and acldress)
<br />Selge Construction Co., Inc.
<br />2833 S. 1 I th Street
<br />Niles, MI 49120
<br />OWNER:
<br />(Naane, legal stales and address)
<br />City of Mouth Bend, Indiana, Board of Public Works
<br />227 ''..Jefferson Blvd.
<br />South. Bend, IN 46601
<br />BOND AMOUNT: Five Percent (5%) of Accompanying Bid
<br />PROJECT:
<br />(Name, location or address, and Pmjecrt number, if any)
<br />Ironwood Drive Pavement Rehabilitation and Intersection
<br />Project No. I :17-071A
<br />Bond Number:
<br />SURETY:
<br />(Nance, legal status and principal place
<br />of lousiness)
<br />Merchants. Bonding Company (Mutual)
<br />A Cou° oration
<br />6700 Westown Parkway., West Des Moines, IA 50266
<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 />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 tile Owner accepts the bid of the Contractor
<br />within the time specified In the bird 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 world 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 />Signed and sealed this 27th day of February„ 2018
<br />Selge. Construction Co, Ine. y
<br />f .-..,..._.. (P incipal) (Seal)
<br />(i3 r'tness) Robert Kuhns, Project Engineer
<br />(Title)
<br />Merchants Banclira Company Mutual
<br />/t . ti,,, w. - (,Sant=ty) (Seal)
<br />(f f1itness) .
<br />(Title)V-11t,
<br />vdn Hughes, Attou°ney-i act
<br />CON 0657 (2115) Printed in cooperation with American. Ir of Architects (A:IA). he language in this
<br />document conforms exactly to the language used in AIA Document A310-Bid Bond-2010
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