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1 a�. OTM <br />*AIA Document A31 - 2010 <br />.19 n, 0=0 <br />CONTRACTOR: <br />(Name, legal status and address) <br />Nesco, LLC <br />6714 Pointe Inverness Way, Suite 220 <br />Fort Wayne, IN 46804 <br />SURETY: <br />(Name, legal status andprincipal place <br />of business) <br />Westchester Fire Insurance Company <br />436 Walnut Street <br />Philadelphia PA 19105 <br />OWNER: <br />(Name, legal status and address) <br />City of South Bend <br />227 West Jefferson <br />South Bend Indiana 46601 <br />BOND AMOUNT: <br />10�% of Bid Amount <br />PROJECT: <br />(Name, location or address, and Project number, if any) <br />Purchase of a Boom Truck <br />This document has Important legal <br />consequences. Consultation with <br />an attorney Is encouraged with <br />respect to its completion or <br />modificatlon. <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 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 fumished 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 />�0 18 <br />(P, rincipal) (Seal) <br />ZTwe)D;1,ee*1 at 00V�flpt~� aP",y <br />estchester Fire Insurance C omDanv� <br />(Seat) <br />(Title) Attorney- In -Fact <br />CAUTION: You should sign an original AIA Contract Document, on which this text appears In RED. An original assures that <br />changes will not be obscured. <br />AIA Document A3101m - 20110. Copyright 0 1963,1970 and 2010 by The American Institute of Architects. All rights reserved, WARNING: This AIO <br />Init. Document Is protected by U.S. Copyright Law and International Treaties, Unauthorized reproduction or distribution of this Ale Document, or <br />any portion of It, may result In severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. <br />Purchasers are permitted to reproduce ten (10) coples of this document when completed. To report copyright violations of AIA Contract Documents, e-mail <br />The American Institute of Architects' legal co,unsel, oopyrlght@aJa,org. 051110 <br />