Change Order No 18 & PCA - SB One Way to Two Way Conversion Div B Proj No 116-001 - Rieth Riley Construction

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MAINTENANCE Travelers Casualty and Surety Company of America BOND Hartford, CT 06183 DUHU NU.-. JUbdWJU/!) KNOWN ALL BY THESE PRESENTS- That we RIETH-RILEY CONSTRUCTION CO., INC, as Principal, and Travelers Casualty and Surely CFarm agaXIf America a corporation organized and existing under the Laws of the State of Conn cticut as Surety, are held and firmly bound unto CITY OF SOUTHBEND, INDIANA BOARD OF PUBLIC WORKS , as Obligee, in the total sum of one million Seven Hundred EjqLty Four Thousand Nine Hundred Seventy and 77/100 U.S. Dollars ($1,784,970,77 ) for the payment whereof said Principal and Surety bind' themselves, jointly and severally, as provided herein. WHEREAS, the Principal entered into a contract with the Obligee dated 2/23/20116 for South Bend one-way to Two -Way Street Conversion 116-001 Div B ("Work"), NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal shall maintain and remedy said Work free from defects in materials and workmanship for a period of 3 year(s), commencing on 3/21/18 (the "Maintenance Period"), then this obligation shall be void; otherwise it shall remain in full force and effect. PROVIDED, HOWEVER, that any suit under this bond shall be commenced no later than one (1) year from the expiration date of the Maintenance Period-' provided, however, that if this limitation is prohibited by any law controlling the constructionhereof, such limitation shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law, and said period of limitation shall be deemed to have accrued and shall commence to run on the expiration date of the Maintenance Period. SIGNED this 21 St day of March 2018 (Principal) RIETH-RILEY CONSTRUCTION Co., INC. BY' Travelers Casualty and Surety Company of America By:-" Sandra M. Nowak , Attorney -In -Fact