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BID BOND <br />Bond No. 11/a Amount: $5,0�00.00 <br />KNOW ALL MEN BY THESE PRESENTS, <br />That we, Insight Public Sector, Inc, (hereinafter called the Principal), as principal, and RLI Insurance Company, a <br />corporation duly organized Under the laws of the state of Illinois, hereinafter called the Surety, as Surety, are held <br />and firmly bound unto the City of South Bend (hereinafter called the Obligee), in the sum of Five thousand and <br />0,01100 Dollars ($5,000.00) the payment of which we, the said Principal and the said Surety, bind ourselves our <br />heirs, executors, administrators, successors and assigns, jointly and severally, firinly by these present. <br />Scaled with our seals and dated this 30"' day of August, 2017. <br />WHEREAS, the Principal has submitted a bid, dated September 7, 2017 for: <br />SBPD Body Camera/In Car Video Camera Project <br />NOW, THEREFORE , THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Obligee shall accept the <br />bid of the Principal and the principal shall enter into a contract with the Obligee in accordance with such bid and <br />give bond, with good and Sufficient Surety for the faithful performance of such contract, or in the event of the failure <br />of the Principal to enter in to such contract and give Such bond, if the principal shall pay to the Obligee the <br />difference, not to exceed the penalty hereof, between the amount specified in said bid and the amount for which the <br />Obligee may legally contract with another party to perform the work covered by said bid, if the latter amount be in <br />excess of the former, then this obligation shall be null and void, otherwise to remain in full force and effect. <br />Insight Public Sector. Inc. Z <br />Principal E <br />C-) <br />By. //I I mc <br />C/ <br />RLI Insurance Company <br />By: E)aj <br />k-ari Da\qs, Attorney- in-Fp,,-t <br />