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I a a <br />Conforms with The American Institute of Architects AIA Document 310 <br />Bid Bond <br />CONTRACTOR: SURETY: <br />(Neunc, (Mame, legalstatirs andpiIncilyedplave of bnshmvs) <br />Jordan Automotive Group dba Jordan Ford <br />The Hanover Insurance Company <br />609 E, Jefferson Boulevard <br />440 Lincoln Street <br />This docurnent has Important <br />legal consequences. Consultation <br />Mishawaka, IN 46545 <br />Worcester, MA 0,1653 <br />with an attorney Is encouraged <br />with respect to Its completion or <br />OWNER: <br />modification, <br />(Nanic, legalsialiesandadciress) <br />Any singular reference to <br />City of South, Bend <br />Contractor, Surety, owner or <br />other party shWI be considered <br />13th Floor, County -City Building, Room 1316, <br />227 West Jefferson <br />plural where applicable. <br />South Bend, IN 46601 <br />BONDAMOUNT: $ 10% <br />Ten Percent of Amount Bid <br />PROJECT: <br />(Name, locallon or address, and Ilrqlect number, ifai�i) <br />Spec C - One (1) or More, 20,118 or Newer, Full Size Cargo Vans <br />The Contractor and Stirety are bound to the Owner in tile imoont sot forili above. for the payment of which tile Contractor and Surety bind <br />flicinscives. their heirs, executors, administrators, successors and assigns, jointly and severally, as provided hercin, Tile conditions ofillis <br />Bond are such that if the Owner accepts tile bid of the Contractor wilhin the tinic specified in flic bid docurnents, or within such tinic period <br />as inav be agreed to by tile 0%viter and Contractor, and tile Contractor either (1) enters into a contract %vith tile OWricr in accordance with <br />tile terms of such bid, and gives such bond or bonds as may be specified in tile bidding or Contract Documents, with a surety admitted in <br />thejurisdiction of the 11rqjeet and otherivise acceptable to iho 0%vner, for tile faithful performance of such Contract and for hio prompt <br />paynicjit of labor and material furnished in lite prosecution thereof; or (2) pays to tile Owner the difference, not to exceed the amount of <br />this Bond, W%veon tile amount specified in said bid and such larger aniount for which the Omicr may in good faith contractwilli anollier <br />party to peribrin (lie %vork- covered by said bid, then this obligation sliall be null and void, otbeovise to remain in full lbree and ell'ect. The <br />Surety hereby Nvaives any notice ol'an agreement ix-Aween the Oivncr and Contractor to extend the lime, in which tile Owner may accept the <br />bid. 1Vaiver ol'nolice ky (lie Surc�y shall not apply to any extension exceeding sixty (60), days in (lie aggregate beyond the (fine I'or <br />acceplame ofbidsspeci lied in tile bid doutinients, and tile Owner and Contractor sliall oblain tile Surety's consent for an extension beyond <br />six(v (60�) days. <br />If iiiis Bond is issued in connection witli a s ubcon tractor's bid ton Contractor, the Wrin Contractor in fliis Bond shell be doorned to be <br />Subcontractor ond the lorm Owner sliall be doomed to be Contractor. <br />WIlen (Iiis Dond has been lin'llished to (�oinply with astalulory orollier legal requirement in tile location ofthe Projcct� any provision it) <br />this Bond conflicting with said statutory or legal requirement shall be deeniedi deleled herellrota and provisions conl'onning to such <br />statutory or other legal requirement shall be deemed incorporalod licrein, When so furnished, lite intent is that this Bond shall be cons;trued <br />as a slatutory bond and not as a common law bond. <br />Signed and scaled this 24th day of April, 2018 <br />0-j\L�A_ bjcl_,4� <br />A-c t,o <br />_ D <br />Charissa L). Lecuyer <br />Jordan Automotive Group dba Jordan Ford <br />(Ptincipal) <br />(Soal) <br />By: a,­(*-�A_ <br />The Hanover Insurance Company <br />By: <br />(Tn1o)Chrjft)M. Brail�e Atto,rney-i n -Fact <br />Surety Phone No. 508-853-7200 <br />S-00541AS, $110 <br />