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CONTRACTOR:
<br />Warne, legal stahis and address)
<br />R YODER CONSTRUCTION, INC.
<br />27453 Cty Rd 150
<br />Nappanee, IN 46550
<br />OWNER:
<br />(Nance, legal staters and address)
<br />City of South Bond
<br />227 W Jefferson Blvd
<br />South Bend, IN 46601
<br />—Ar A 40
<br />OTM
<br />AIA DocumenitMl -;2010
<br />SURETY:
<br />(Name, legal status and principal
<br />place of business)
<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 address, and 1'rojecl number, if any)
<br />North Station Well No, I Replacement; Project No. 117.031
<br />Bid Bond No. GR1:14,095
<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 the 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. The 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 Conti -actor, and tile 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 />The Surety hereby waives any notice of an agreement between the Owner and Conti -actor 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 an extension beyond sixty (60) days.
<br />If this Bond is issued in connection with a subcontractor's bid to a Conti -actor, 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, any
<br />provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions
<br />conforming to such statutory of- 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 />Signed and soled this j Qth day of July, "01
<br />(Title)
<br />Granite Rei, Ing,
<br />(Seat)
<br />(seal)
<br />(Mle),Chrlstopher M. KeroV, Attorne)p oh -Fact
<br />AIA Document A310-- 2010. C..Yel, 1963 1970 and 2010 by The American Instkute of Architects, All rlgMts reseAGARNZNG; This AIAO
<br />Document is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this AIAO Document, or
<br />any portion of it, may result in severe civil and criminal penalties, and wall be prosecuted to the maxinium extent possible under the law.
<br />Purchasers are permitted to reproduce en copies o us ocumen w en comp e e , o repor copyright violations 0 on rac oc
<br />The American Institute of Architects' legal counsel, coaavrigbt@aia.or
<br />
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