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AI.A." Document A31 OTM -2; <br />CONTRACTOR: SURETY: <br />(Nance, legal dales and address) (Nauru, legal slams and principal Place of brrsiness) <br />TRUCK CENTERS, INC. Travelers Casualty And Surety Company Of <br />2280 Formosa Road America <br />Troy, IL 62294 One Tower Square <br />(Hartford, CT 06183 <br />OWNER: Mall Notices To: <br />(Name, legal slalus and address) Travelers <br />Board of Public Works City of South Bend IN Attn: Surety Claim Dept. <br />County -City BLDO Room 9316 One Tower Square 2S1A <br />227 W Jefferson BLVD Hartford, CT 06183 <br />South Bend, IN 46601 <br />BOND AMOUNT: Ten Percent of the Amount Bid ................. dollars (' 10% of Amount Bid) <br />PROJECT: Two (2) or More 2018 or Newer Single Axle Dump'Trucks <br />(Name, location or address, and Project nranber, if anj) <br />This document has important <br />legal consequences. <br />Consultation with an <br />attorney is encouraged with <br />respect to its compNetion or <br />modification. <br />Any singular reference to <br />Contractor, Surety, Owner, <br />or other party shall be <br />considered plural where <br />applicable. <br />The Contractor and Surety are bound to the 'Owner in the amount set forth above, for the payment of which the Contractor and <br />Surety 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 Owneraccepts 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 <br />performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof; or (2) pays to the <br />Owner the difference, not to exceed the amount of this Bond, between the .amount specified in said bid and such larger amount for <br />which the Owner may in goad faith contract with another party to perform the work covered by said bid, then this obligation shall be null <br />and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of an agreement between (lie Owner and <br />Contractor to extend the time in which the Owner- may accept the bid. Waiver of notice by the Surety shall not apply to any extension <br />exceeding sixty (60) days in the aggregate beyond the time for acceptance of bids specified in the bid documents, and the Owner and <br />Contractor shall obtain the Surety's consent for arm extension beyond sixty (fro) 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 deerned <br />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 provision <br />in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions conforming to such <br />statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that this Bond shall be <br />construed as a statutory bond and not as a common law bond. <br />Signed and scaled this 23rd day of October, 2018. <br />(Witness) <br />(Witness) t <br />r <br />Donna Robson, Witness <br />TRUCKCENTERS �Xc.,A <br />(Prin ' al) <br />(Seal) <br />(Title) <br />i <br />Travelers Casualt <br />And 5ucptyCompany <br />OfAme 'ca <br />(S—ty) <br />( . <br />tl c <br />(Seal) <br />(Title) Andrew P. Thoirre; Attorney `.In -Fact <br />Init. ILIA Document A31OTM_ 2010. Copyright 01963, 1970 and 2010 by The American Institute of Architects, All rights reserved. WARNING: 'this AIA Document I • <br />protected by U.S, Copyright Law and Iniernational 7"redoes. Unauthorized reproduction or distribution of this AIA Document, or any portion of it,, naay resuEt in <br />severe civil and criminal penalties, and will be prosecuted to the maximum extent possible. render the law. Purchasers are permitted to reproduce ten (10) copies of this <br />document when completed. To report copyright violations of AIA Contract Documents, e-mail The American Institute of Architects' legal counsel, copyrigh ataz rg, 061110 <br />