Opening of Bids - Spec G - Three More or Less 2018 or Newer 28 Cubic Yard Front Loading Refuse Trucks - Central Indiana Truck Equipment Corporation

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Liberty Mutual. SURETY Document A31OTM-2010 Conforms With The American Institute of Architects AIA Document 310 CONTRACTOR: (iVwne, legalstalus andaddress) Central Indiana Truck Equipment Inc. 2128 S Harding St. Indianapolis, IN 46221 OWNER: (iVame, legalstahis and address) City of South Bend' Office of the Board Of Public Works 227 West Jefferson South Bend, Indiana BOND AMOUNT: 10%, of the amount bid SURETY: (Nante, legalstatus andprincipalplace oftusiness) The Ohio Casualty Insurance Company 62 Maple Avenue Keene, New Hampshire 03431 Mailing Address for Notices Liberty Mutual Surety Claims P.0, Box 34526 Seattle, WA 98124 PROJECT: (Name, location or address, and Projc ctnumber, ifany) Spec G-Three (3) more or less 2018 or newer 28 cubic yard front loading refuse trucks. This document has important legalconsequences. Consultation with an attorney is encouraged with respect to its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. Tire Contractor and Surety are bound to the Owner in file amount set forth above, for the payment of which tile Contractorand Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond are such that if (lie Owner accepts the bid of the Contractor within the firne specified in file bid documents, or within such time period as may be agreed to by the Owner and Contractor, an,d the Contractoreither (1) enters into a contract with the Owner in accordance with the ternis of such bid, and gives such bondor bonds as may be specified in the bidding or Contract Documents, with a surety admitted in the jurisdiction of the Project and otherwise acceptable to file Owner, for the faithful performance of such Contract and for the prompt payment of labor and material ffirnished in the prosecution thereof, or (2) pays to the Owner the difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount for vv1uQh tho Owner may in good faith contract with another party to perform the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and affect. 'File Surety lierpby waives any notice of all agreement between tile Owner and Contractor to extend the time in which the Owner may accept tile 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 Contractor shall obtain the Surety's consent for all extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid toa Contractor, the term Contractor in this Bond shall be deemed to be Subcontractor and the term Owner shall be, deemed to be Contractor. When this Bond has been furnished to comply with a statutory or other legal requirement in the location of (he Project, any provision in this Bon&conflicting with said statutory or legal requirement shall be deemed deleted licrefrorn and provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so ftnuished, the intent is that this Bond shall be construed as a stat utory bond and not as a common law bond. 19 A Signed and scaled this 10th day of April 2018 Central Indi, P7 (11) (Wlilness) Y�fel�� J/— (Uivitness) P t-/ Truck Equiplzlent Inc (Se C a, The Ohio Casualty Insurance Company (Sulvty) (Title) Seth Taylor, Att6rn ey-in- Fact