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CONTRACTOR:
<br />Vaine, legal stairs and address)
<br />R YODER CONSTRUCTION, INC.
<br />27453 Cty Rd 150
<br />Nappanee, IN 46550
<br />OWNER:
<br />(Nance, legal sialus and acichress)
<br />City of South Bend
<br />227 W Jefferson Blvd
<br />South Bend, IN 46601
<br />ME
<br />Document, A31 OTM-12011
<br />J�l
<br />SURETY:
<br />(Name, legal vatris and princilmil
<br />place of husiness)
<br />Granite Re, Inc.
<br />14001 Quallbrook Dr
<br />Oklahoma City, OK 73134
<br />BOND AMOUNT: Five Percent of the Bid Amount (5,00% of Bid Amount)
<br />PROJECT:
<br />(Name, location or actch-ess, and Project number, if ally)
<br />VIDA Maintenance Storage Building; Project No, 118-046
<br />Bid Bond No. GRI3792
<br />This document has Important legal
<br />consequences, Consultation with
<br />an attorney Is encouraged with
<br />respect to Its completion or
<br />modification,
<br />Any singular reference to
<br />Contractor, Surety, Owner or
<br />other party shall be considered
<br />plural where applicable.
<br />The Contractor and Surety are bound to the Owner in tile amount set forth above, for the payment of which the Contractor
<br />and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided
<br />herein. 'Fhe conditions of this Bond are such that if the Owner accepts the bid of the Contractor within the time specified in the
<br />bid documents, or within such time period as may be agreed to by the Owner and Contractor, and the Contractor either (1)
<br />enters into a contract with the Owner in accordance with the terms of such bid, and gives Such bond or bonds as may be
<br />specified in the bidding or Contract Documents, with a surety admitted in the jurisdiction of the Project and otherwise
<br />acceptable to the Owner, for the faithful performance of such Contract and for the prompt payment of labor and material
<br />furnished in the prosecution thereof-, or (2) pays to the Owner the difference, not to exceed the amount of this Bond, between
<br />the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another party to
<br />perform the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect.
<br />'I'lle Surety hereby waives any notice of an agreement between the Owner and Contractor to extend the time in which the Owner
<br />may accept the bid. Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate
<br />beyond the time for acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's
<br />consent for all extension beyond sixty (60) days,
<br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be
<br />deemed to be Subcontractor and the term Owner shall be deemed to be Contractor.
<br />When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project, ally
<br />provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted hereff-orn and provisions
<br />conforming to such Statutory or Other legal requirement shall be deemed incorporated herein. When so furnished, the intent
<br />is that this Bond shall be construed as a statutory bond and not as a common law bond.
<br />and sealed this tst day of June, 2018
<br />I I R YODER CO U CTRU7T7IOibIN
<br />'ve"((Principal) , L�_/ (seal)
<br />Ii J.'Hansen
<br />Attorney -in -Fact
<br />(seal)
<br />AIA Document A3101 "— 2010, Copyright f%-S,-�970 and 2010 by The American Institute of Architects. All rights reserved. WARNING: THs AW,
<br />Document tls protected by U,S, Copyright Law and International Treaties,Unauthorized reproduction or distribution of this AIAODocunient, or.
<br />wly Portion of it, may result in severe civil and crindnal penalties, and wifl be l)r0SeCL1ted to the qjaxipluvra extent possible under the law.
<br />Purchasers are permitted to reproduce ten (1u) copies ot this document �MEFco_Fipleted. I 16 Fepo-ff copyrijff violations o on rac ocuments, e-mall
<br />The American Institute of ArcNtects' legal counsel, copyriatit @g ".or , M1110
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