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+IR- it A � 1 0 n 0 A.
<br />Westfield Group��'l Park Circle, P 0 Box 5001, Westfield Center, Ohio 44251-5001
<br />Conforms to Document A31 OTM -2010
<br />Bid Bond
<br />CONTRACTOR: SURETY:
<br />(Name, legal status and address) (Name, legal status and principal place of business)
<br />Larson- Danielson Construction Co., Inc. OHIO FARMERS INSURANCE COMPANY
<br />302 Tyler St, I Park Circle, PO Box 5001
<br />La Porte, IN 46350 Westfield Center, OH 44251-5001
<br />OWNER:
<br />(Name, legal status and address)
<br />City of South Bend
<br />227 W Jefferson Blvd
<br />South Bend, IN 46601
<br />BOND AMOUNT: Five Percent (5%) of the Attached Bid!
<br />PROJECT:
<br />(Name, location or address, and Project number, if any)
<br />Howard Park Redevelopment
<br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety
<br />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 performance
<br />of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or (2) pays to the Owner the
<br />difference, not to exceed the amount of this, Bond, between the amount specified in said bid and such, larger amount for which the
<br />Owner may in good faith contract with another party to perform the work covered by said bid, then this obligation shall be null and void,
<br />otherwise to remain in full force and effect, The Surety hereby waives any notice of an agreement between the Owner and Contractor
<br />to extend the time in which the Owner may accept the bid. Waiver of notice by the Surety shall not apply to any extension exceedIng
<br />sixty (60) days in the aggregate beyond the time for acceptance of bids specified in the bid documents, and the Owner and Contractor
<br />shall obtaln the Surety's consent for an, 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 deemed to be
<br />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
<br />this Bond conflicting with said statutory oir legal requirement shall be deemed deleted heref
<br />statutory or other legal irequireiment shall be deemed incorporated herein. When, so furnish
<br />construed as a statutory bond and not as a common law bond.
<br />Signed and sealed this 28th
<br />day of
<br />Terry A. Larson,(Seetary-Treasurer (witness)
<br />C "'nsti'ne Allen (Witness)
<br />the Project, any provision in
<br />il"i�!PPR Bond shall be—
<br />DANIELSO
<br />ASTRUCTION
<br />N
<br />'01 C.0
<br />Larson -Danielson Construction Co., Inc.
<br />(Principal) (Seal)
<br />By:'
<br />Timothy F. Lars!on, President (Title)
<br />OHIO FARM
<br />"7RS INSURANCE COMPANY
<br />(Suretv) I I - (Seal)
<br />(Title)
<br />Printed with permission from The American Institute of Architects (AIA) and the Surety & Fidelity Association of America (SFAA) by
<br />Westfield GroupP. Westfield Group vouches that the language in the document conforms exactly to the language used in AIA
<br />Document A31 0 Tm 2010.
<br />BD5084 OFWWN (10/2010)
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