Opening of Bids - Spec I - One or More 2018 or Newer 3-4 Ton Two Wheel Drive Pick Up Trucks - Jordan Ford

Home Browse Search

r1ocument A31 0 TM Lj �— 2010 Conforms with The American Institute of Arch Itects AIA Document3110 Bid Bond CONTRACTOR: SURETY: ('Maine, (Mame, legalstirtits andInincilm1place oftuvincxv) Jordan Automotive Group dba Jordan Ford The Hanover Insurance Company 609 E. Jefferson Boulevard 440 Lincoln Street This document has Important legal consequences. consultation Mishawaka, IN 46545 Worcester, MA 01,653 with an attorney Is encouraged with respect to Its compleflon or OWNER: modification, f,Vaine, legalstalusandad4fress) Any singular reference to City of South: Bend Contractor, Surety, Owner or other party shall be considered 13th Floor, County -City Building, Room 1316, 227 West Jefferson plural where applicable. South Bend, IN 46601 BONDAMOUNT: $ 10% Ten Percent of Amount Bid PROJECT: (,Vaina, locallon or address. and Prqlacl nionbar, ifaiti� Spec I - One (1) or More, 2018 or Newer 3/4 Ton Two Wheel Drive Pick Up Trucks Tile Contractor and Surety ore bound to ilia Owner in ilia intount set forth above. for ilia payment of which tile Contractor and Surety bind thern selves, their heirs, exectitors, administrators, successors and assignsjoinily a nd sov era I ly, as provided hercin.The cond it ions of this Bend are sitch that if the Owner accepts ilia bid of the Contractor within the tisne specified in tile bid documents, or within such little period as may be agreed to by ilia 0xvner and Contractor, and ilia Comrictor either (1) enters into a contract with the 0xviter in accordance with the ternis of suoh bid, atid gives such bond or bonds as may be specified in flic bidding or Contract Documents, with a surety admitted in thojurisdiction of the 1'rqjeot and otherwise acceptable to ilia Owner, for the faithfut performance of stich Contract and for lite prompt payment of labor and material furnished in the prosecution thereof, or (2) pays to tile Owner (lie difference, not to exceed ilia aniount of this Bond, between lite amount specified in said bid and such larger ainount for which the Owner tuay in good faith contract with another parly to perlbrin (tic work covered by said bid, (]tell this obligation sl�iall be null and void, otherivise to remain in I'Lill Ibrcc and clVact. The Surety heraby waivas any notice ol'an agrecinent between [lie Owner wid Contraolor to eklend the (into in %Ybich the Owner may accept tile bid, �Vaiver ol'notice 1)), (lie Surtly shall no[ apply to ally extension execeding Nixty (60) days in the aggregale beyond ilia little l'or acceplunce ofbids specilied in ilia bid documents.. and tfie Owner and Contractor shall obiLlin tile Surety'.% consent lbran extension beyond sixty (60) days. If this Bond is issited in connection with a subcontractoes bi�d ton, Contractor, (lie terin Contractor in this Bond shall be deemed to be Sabconlractor and the term Owner shall be clocnied to, be Contractor. When this Bond has been flurnislied to comply %vidi a stattliory or other legal requirenient in ilia location ol'the project, tiny provision in IIiis Bond con1licting Nvilli said stalutory or legal requirement shall bedeenied deleted herellrom and provisions conflonning to such statutory or other legal requirement shull be deenied incorporated herein. When so I'llniislied, tile intent is that this Bond shall be construed as a siatutory bond and not as a cominon la%v bond. Signed and scalod lhis 24th day of April, 2018 Lk"'� 0_� (A) C1_A_J____ (I)qt1loss) V P o�- 4PI/ness) Uhanssa U. Lecuyer Jordan Automotive Group dba Jordan Ford (Pilnclpal) (Seal) By: 1�" It "t, (Tille) G) c4,,� fyect SoJ eJ' 11�-0,4'_ 0 The Hanover Insurance Company By: (Twv)Christ� Tt_tornej7in_-Fact Bralle Surety Phone No. 508-853-7200 S-00541AS 8110