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Opening of Bids - Spec K - One or More 2018 or Newer 1.0 Cubic Yard Loaders-Backhoes - West Side Tractor Sales
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Opening of Bids - Spec K - One or More 2018 or Newer 1.0 Cubic Yard Loaders-Backhoes - West Side Tractor Sales
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4/10/2025 11:41:38 AM
Creation date
4/26/2018 1:40:46 PM
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Board of Public Works
Document Type
Projects
Document Date
4/24/2018
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Sentry Insurance - Surety Bond Department <br />1800 North Point Drive <br />P�o. Box 8022 <br />Stevens Point, W1 54481 <br />Phow 800.473.6879 <br />Sentry Select Insurance Company <br />SURETY BOND FOR THE PROPOSAL OR BID ON A CONTRACT <br />Bond Number: BN 85763 <br />Suren <br />Name: <br />Sentry Select Insurance Company <br />Address: <br />1800 North Point Dr. <br />Stevens Point, WI 54481 <br />lncorporated� <br />State of Wisconsin <br />Telephone: <br />1-800-473-6879 <br />Date Bond Executed: April 20, 2018 <br />(must not be later than bid opening date) <br />Principal <br />Principal's Name: West Side Tractor Sales Co Inc <br />Primary Address: 1400 West Ogden Ave <br />Naperville, IL 60563 <br />State of Incorporation: Illinois <br />Type of Organization: Corporation <br />PENAL SUM OF BOND BID IDENTIFICATION <br />PERCENT OF BID AMOUNT NOT TO EXCEED BID DA INVITATION NO. <br />PRICE <br />10% <br />Mill.10 <br />ibh—o�i -sandW <br />Hund ed(s) <br />Cents <br />00 <br />4/24/2018 <br />John Deere 41 OL <br />00 <br />11 <br />597 <br />FOR: Equipment <br />OBLIGATION: <br />We, the Principal and Surety(les), are firmly bound to the City of South Bend (hereinafter called the "Obligee") in the above <br />penal sum. For payment of the penal sum, we bind ourselves, our heirs, executors, administrators, and successors, jointly <br />and severally. However, where the Sureties are corporations active as co -sureties, we, the Sureties, bind ourselves in such <br />sum 'Jointly' and "severally" as well as "severally" only for the purpose of allowing a joint action or actions against any or <br />all of us. For all other purposes, each Surety binds itself, jointly and severally with the Principal, for the payment of the <br />sum shown opposite the name of Surety. If no limit of liability Is Indicated, the limit of liability is the full amount of the <br />penal sum. <br />CONDITIONS: <br />The Principal has submitted the bid Identified above. <br />THEREFORE: <br />The above obligation is void if the Principal - (a) upon acceptance by the Obligee of the bid identified above, within the <br />period specified therein for acceptance (sixty (60) days if no period is specified), executes the further contractual <br />documents and gives the bond(s) required by the terms of the bid as accepted within the time specified (ten (110) days if no <br />period Is specified) after receipt of the forms by the principal; or (b) in the event of failure to execute such further <br />contractual documents and give such bonds, pays the Obligee for any cost of procuring the work which exceeds the <br />amount of the bid. <br />Each Surety executing this instrument agrees that its obligation is not impaired by any extension(s) of the time for <br />acceptance of the bid that the Principal may grant to the Obligee Notice to the surety(les) of extension(s) are waived, <br />However, waiver of the notice applies only to extensions aggregating not more than sixty (60) calendar days in addition to <br />the period originally allowed for acceptance of the bid. <br />WITNESS: <br />The Principal and Surety(ies) executed this bond and affixed their seals on the above date. <br />PRINCIPAL <br />X <br />DAVt II�9 <br />(Printed Name and Title) <br />SUMTY <br />X( LW 1P S 010 1.11". <br />P d <br />Colleen A, Raiski, . ttorney-l)-Fact <br />(Printed Name and Title) rn" C-> <br />EAL <br />I -'b , 4r <br />Authorized Countersignature (Where <br />60-3337 9/1/2016 <br />
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