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Doc meat A3101 TM-2010 <br />Conforms with The American Institute of Architects AIA Document 310 <br />Bid Bond <br />CONTRACTOR, <br />(Name, <br />Kernira Water Solutions, Inc. <br />4321 West 6th <br />Lawrence, KS 66049 <br />OWNER: <br />(A'ame, legal stalftsand addhus) <br />City of South Bend <br />227 West Jefferson <br />South Bend, IN 46601 <br />BOND AMOUNT.- $ 10% <br />SURETY* <br />('NIenne, kgedsledirs andpilirclIndplave etrhavIness) <br />Fidelity and Deposit Company of Maryland <br />1299 Zurich Way, 5th Floor <br />Schaumburg, IL 60196-1056 <br />Ten Percent of Amount Bid <br />PROJECT: <br />(A'amo, lo4747dmr or addrow, a) rd1'rqj",1 munhor, ffrriil) <br />Water Treatment Chemicals 2018-2019 <br />This document has Important <br />legal consequences, Consultation <br />with an attorney Is encouraged <br />with respect to Its rQimplotion or <br />modification, <br />Any sin Uu [a r roforonco: to <br />Contractor, Surety, Owner or <br />other party shall be oonsIdeted <br />pluralwhere applicable, <br />Tile Contractor nod Surety are bound to llic Owner in file amount set forth above, for the paylljont of which the Contractor and Surety bind <br />dicinscIvos, their heirs, executors, admillistrotors, silecossors and ossi.-ils, jointly and severally, as provided herein. The conditions of this <br />Bond are such that if the Owner accepts the bid of the Contrictorwithin ilia time specified in the bid documents, or within stroll time period <br />as inay be agreed to by the 0%vuer and Contractor, and the Contractor either (1) enters into a contract with the Omierfii accordance With <br />the termsof'such bid, mid gives such bond or bonds as may be specified ill the bidding or Contract Documents, With q surety admitted is <br />the ac a 0 a jurisdiction of the 1)rcjcot and othrnviso, acceptable to llio Owner, for the faithful parfol'[11011CC Of SUCh Contract Ild for III prompt <br />p,,ivnient, of labor and material funiislicd Ili tho pfoscoultion thereof,, or (2) p,%Ys to the Ownrr the difference, not to exceed the amount of <br />this Bond, betw een. the amount specified ill said bid and suoIl. larger amount for which the Owner inny in good faith contract with another <br />party to perlorm Ihe work cowered by suid bid, thouthis obligalion shall, be ouli and void, othenAso to remain in full l'ureo and 011'eQ1, The <br />,Surety hereby waives luly 114)(wo ofai) 4lgreentow lxmeen the Owner and Contractor to extend the time in which the ownermay uuccpi the <br />bid. Waiver ol'nolicu bye the Surety Shall not apply to ully exlellsioll execeding rtixty (60) days ill the uggrceuW beyond flio (fiuc liar <br />acceptance orbids.sped lied in the bid documents, and ific Owner and Collilm"tors'llall obtain the, Suroty's consent Im all ommision beyond <br />sixty (60) day%. <br />11"Olis Bond is issued in colmoci ion with a subcontractor's bid to a Contractor, the teen Contractor in this Bond shall be deemed to be <br />Subconlraotor and the lorm Ownor shall be doomed to be Contlador. <br />When this Bond hus beoll ftlrrlishud to imillply Willi it statutory or other legal rc(plimilluilt ill the location ol'fllu Project, ally provision Ill <br />this Bond conilictiq wilh suidstatuttay or legal requiremcni Anti be deemed deleted herellrom and provisions conl'onning it) such <br />slaftilory or other Will requirement shnil be deemed incorporated herein. Wheri so rllruiwlied, ilia Inleill k [hill (Ili,%, Bond shall be consiruLd <br />as u statutory bond aud not tui a coninion law bond. <br />Signed and $oalod this 27th dly of March, 2018 <br />Ke,mira Water Solutions, Inc <br />By: <br />(I'll1e) CIVl'��j(Afltt-tbi,45p' eAl1ML_4Vt4(1(j+"&4_k�a­ <br />Fidelity and Deposit Company of Maryland <br />6vlero)� <br />By: 0110"ANALMN, <br />erniq)C, Stdphens Grijgs (.Alto rney- in -Fact <br />Surety Phone No. 847-6015-6000 <br />s.0054/AS 8/10 <br />