Opening of Bids - Spec D - One or More 2018 or Newer 3-4 Ton Four Wheel Drive Pickup Trucks - Jordan Ford

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Document, A31 0 TM - 2010 Conforms with The American Institute of Architects AIA Document 310 CONTRACTOR: (Mmie, legalimarix and address) Jordan Automotive Group dba Jordan Ford 609 E. Jefferson Boulevard Mishawaka, IN 46545 OWNER: (Xame, legalstalusandadch-ess) SURETY: (Xinne, legalstairts andpy1nc1j;ir1j;1ervG of baviness) The Hanover Insurance Company 440 Lincoln, Street Worcester, MA 01653 City of South Bend 13th Flo�or, County -City Building, Room 1316, 227 West Jefferson South Bend, IN 46601 BOND AMOUNT: $ 10% Ten Percent of Amount Bid PROJECT: (Maine, location or address; and'Prqjectnumbor, ifaitO Spec D - One (1) or More 21018 or Newer 3/4 Ton Four Wheel Drive Pick Up Truck This docume,nt has Important legal consequences, Consultation with an attorney Is encouraged with respect to Its complotIon or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. Tile Contractor and Surety are bound to the Owner in file iniount set forth above, for the payinent of which the Contractor and Sarety bind theinselves. their heirs, executors, administrators, stmcossors and assigns, jointly and severally, as provided herein. The conditions ofthis Bond are such that if the Owner accepts the bid of the Contractor xvithin the tinic specified in the bid docuincrits, or within such finic period as niny be agereed to by tho Owner and Contractor, and Ifio Conlractor cither (1) enters into a contract with 1ho Owner in accordance with the tornis of such bid, ind gives sach bond or bonds as inay be specified in tho bidding or Contract Documents, wIlli a surety admitted in the jurisdiction of the llro�jcct wid otherwise acceptable to ilic, Owner, for the faithful perforniance of such Contract and for the prollipt payment of labor and material fumished in the prosecution thereof, or (�2) pays to the Owner the difference, tiot to exceed the aniount of this Bond, between the aniount specified in said bid and $11011 larger aniount for which the Owner may in good failh contract with another party to porl'briii [lie work covered by said bid., then this obligation shall be null und void, otherivise to reninin in Vull lbrce and ell�ccl. Tile Surely fiercky waives any notice ol'an agreenwol between the Owner and Contractor to extend Ille fline ill which (he Owner may accept the bid. 'kaiver ol'notice ky tiot apply to any extension exceed ing sixty (00) days in the aggregate beyond the (ime lor acceptame ol'bids specified in the bid documents, and the Owner and Contractor sbull obtaiii the Surety's consent for an extension beyond sixty (60) days. If this Bond is issued in conneetion with a subcontractor's bid toa Contractor, the temi Contractor in this Bond shall be decined to be Subcontractor and the terin Owner shall be deemed to be Contractor. Whon tbis Dond has been l'urnislied to coinply with a statutory or other legal requirement in the loo-ation ol'tho Project, all,%, provision in this Bond conilicting %vith said stululory or legal requirement.shall be deenied deleted hercilrom and pro%isions cmilbriiiing to such stolutory or other legal reqtdrenientsliall be decined Incorporated herein. When so I'llmished, the iatent is that this Bond shall be construed as a slututory bolid and rot as a common law bond. Signed and scalled this 1 Oth day of April, 2018 o V P -'X-t C 0 a A, (jj),1j)je.%v) Gharl Lecuyeir Jordan Automotive Group db�a Jordan Ford (Principal) The Hanover Insurance Company (seal) (Sllrer)) ('Veal) By� OAA-w , h, V2 7T/ Christ�y. Braile Attorney-ini-Fact Surety Phone No. 508-853-72,00 S-0054/AS 8110