Opening of Bids - Spec S - One or More 2018 or Newer Emergency Medical Vehicle - Crossroads Ambulance Sales & Service LLC - Part 1

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KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned, P.L. CUSTOM BODY & EQUIPMENT CO., INC. of 2201 Atlantic Avenue, IManasguan, NJ 08736, as Principal, and NGM Insurance Compan,y,_4601 Touchton Road East,_Jacksonville, FIL 32246, as Surety, is hereby helld and firmly bound unto City of South Bend, Board of Public Works of 227 West Jefferson Street, Roorn 1316 South Bend IN 46601, as Owner, in the penal sum of Ten Percent (10%) of amount bid for the payment of whIch, well and truly to be made, we hereby jointly and severally bind ourselves, successors and assigns, Signed and sealed this 28th day of August, 2018 The condition of the above obligation is such that whereas the Principal has submitted to City of South Bend, Board of Public Works a certain bid, attached hereto and hereby made a part of hereof, to enter into a contract in writing for the Spec S - One (1) or More 2018 or Newer Emergency Medical Vehicle NOW, THEREFORE, A) If sa�d bid shall be rejected or in the alternative, B) If said bid shall be accepted and the Phncilpal shall execute and deliver a contract in the form of contract attached hereto (properly completed in accordance with said bid) and shall furnish a bond for his faithful performance of said contract, and for the payment of all persons performing labor or furnishing materials in the connection therewith, and shall in all other respects perform the agreement created by the acceptance of said bid Then this obhgation shall be void, otherwise the same shall remain in full force and effect; it being! expressly understood and agreed that the liability of the surety for any and all claims hereunder shall, in no event, exceed the penal amount of this obligation as herein stated. The Surety, for value received, hereby stipulates and agrees that the obligations of said Surety and its bond shall be in no way impaired or affected by any extension of the time wfthin which the owner may accept such bid; and Surety does hereby waive notice of any such extension, IN WITNESS WHEREOF, the, Principal and the Surety have hereunto set their hands and seals, and such of them as are corporations have caused their corporate seals to be hereto affixed and these presents to be s�gnecl by their proper officers, the day and year first set forth above. Witness By: 'Kidl rne, e �ss Form F450544001 P,L, CUSTOM BODY & EQUIPMENT CO., INC. Principal By: NGM Insurance Compa V SUret By� Jea e Primav ra, Attorney- I n-Fact