|
OTM
<br />AIA Document A31 -2010
<br />Bid Bond
<br />CONTRACTOR:
<br />SURETY:
<br />This document has important
<br />(Name, legal slatus and address)
<br />(Name, legal sialus and principal place ofbushwss)
<br />legal consequences.
<br />TRUCK CENTERS, INC.
<br />Travelers Casualty And Surety Company Of
<br />Consultation with an
<br />2280 Formosa Road
<br />America
<br />One Tower Square
<br />attorney is encouraged with
<br />respect to Its completion or
<br />Troy, IL 62294
<br />Hartford, CT 06183
<br />modification.
<br />OWNER:
<br />(Name, legal slatus and address)
<br />Mail Notices To:
<br />Any singular reference to
<br />Contractor, Surety, Owner,
<br />City Of South Bend
<br />Travelers
<br />Attn: Surety Claim Dept,
<br />or other party shall be
<br />Board Of Public Works
<br />COUNTY CITY BUILDING, ROOM 1316
<br />One Tower Square 2S1A
<br />considered plural where
<br />applicable.
<br />227 W. JEFFERSON Blvd.
<br />Hartford, CT 06183
<br />South Bend, IN 46601
<br />BOND AMOUNT: Ten Percent of the Amount Bid ................. dollars ($ 10% of Amount Bid)
<br />PROJECT: One (1) Or More 201�8 Or Newer 3-1/2 Ton Utility Truck With, Crane
<br />(Naine, location oraddress, and Projecl number, ifa)rji�
<br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and
<br />Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The
<br />conditions of this Bond are such that if the Owner accepts the bid of the Contractor within the time specified in the bid documents, or
<br />within such time period as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with the
<br />Owner in accordance with the terms of such bid, and gives such bond or bonds as may be specified in the bidding or Contract
<br />Documents, with a surety admitted in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful
<br />performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or (2) pays to the
<br />Owner the difference, not to exceed the amount of this Bond, between the amount specified in said bid and such, larger airlount for
<br />which the Owner may in good faith contract with another party to perform the work covered by said bid, then this obligation shall be null
<br />and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of an agreement between tile Owner and
<br />Contractor to extend the time in which tire Owner may accept the bid. Waiver of notice by the Surety shall not apply to any extension
<br />exceeding sixty (60) days in the aggregate beyond the time for acceptance of bids specified in the bid documents, and the Owner and
<br />Contractor shall obtain the Surety's consent for an extension beyond sixty (60) days.
<br />if this Bend is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deen-led
<br />to be Subcontractor and the tcrin Owner shall be deemed to be Contractor.
<br />When this Bond has been famished to comply with a statutory of, other legal requirement in the location of the Project, any provision
<br />in this Bond conflicting with said statutory of- legal requirement shall be deemed deleted herefrom and provisions conforming to such
<br />statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that this Bond shall be
<br />construed as a statutory bond and not as a comroon law bond.
<br />Signed and sealed this 24th day of April, 2018.
<br />/I AA
<br />(witness)
<br />(Witness) Donna Ro�b�scrn, Witness
<br />(Title)
<br />(Title) Andrew P. Thome, Attorney -in -Fact
<br />(Seal)
<br />S eal),
<br />Init. AIA Document A31OT"— 2�010. Copyright 01963, 1970 and 2010 by The American Institute ofArchitecM All rights reserved. WARNING: Ibis AIA Document is
<br />protected by U.S. Copyright Law and International Ireattes, Unauthorized reproduchon or distribution of this AIA Document. or anyportion of 0, may result In,
<br />severe civil and criminal penalties, and will be prosecuted to the ma):inium extent possible under the law. Purchasers are permitted to reproduce ten (10) copiesofthis
<br />document when completed. To report copyright violations of AIA Contract Documents, e-mail The American Institute of Architects' legal counsel, qqpyAgNtj9aia.org. 00110
<br />
|