Opening of Bids - Two or More 2018 or Newer Single Axle Dump Truck - Spec X - Selking International

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10�Liberty Mutijal The Ohio Casualty Insurance Company SURETY BID OR PROPOSAL ON KNOW ALL MEN BY THESE PRESENTS, That we, Decatur Truck and Tractor Inc dba Selking International of 4,849 W Western Avenue South Bend IN (hereinafter called the Principal) as Principal, and The Ohio Casualty Insurance Company , with its principal office in the City of Keene —, New Hampshire (hereinafter called the Surety), as Surety, are held and firmly bound unto City of South Bend Board of Public Works of 227 W Jefferson Room 1316 South Bend IN 46601 (hereinafter called the Obligee) in the penal sum of --------------------------- 10% of final contract price-- --- --.-- Dollars ---- 10% ------ lavTtil money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors, and assigns. THE CONDITION OF THIS OBLIGATION IS SUCH, that whereas, the Principal has submitted the accompanying bid dated 10/22/2018 for Two Single Axle Dump Trucks NOW, THEREFORE, if the Obligee shall make any award according to the terms of said bid and the Principal shall enter into a contract with said Obligee in accordance with the terms of said bid and give bond for the faithful performance thereof within the time specified; or if no time is specified within thirty days after the date of said award; or if the Principal shall, in the case of failure so to do, indemnify the Obligee against any loss the Obligee may suffer directly arising by reason of such failure, not exceeding the penalty of this bond, then this obligation shall be null and void: otherwise to remain in full force and virtue. Signed, seated and dated: 10/17/2018 By: Decatur Truck and! Tractor Inc dba Selking International (Principal) The Ohio Casualty Insurance Company By: ......... . ..... .. Matt Smith (Attorney -in -Fact) S-137-Rev,