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0,1111FAIA
<br />Document A31 - 2011,
<br />Bid Bond
<br />CONTRACTOR:
<br />(Name, legal status and address)
<br />R & R Excavating, Inc.
<br />2010 Went Avenue
<br />SURETY:
<br />(Name, legal status and principal place
<br />of business)
<br />Merchants Bonding Company (Mutual)
<br />Mishawaka, IN 46545 West Des Moines, IA
<br />OWNER:
<br />(Name, legal status and address)
<br />City of South Bend Board of Public Works
<br />County -City Building Room 1316, 227 West Jefferson Blvd
<br />South Bend, IN 46601
<br />BOND AMOUNT:
<br />Five Percent of the Total Bid ( 5% of Total Bid
<br />PROJECT:
<br />('Name, location or address, and Project number, if any)
<br />2017 Demolitions; Project No. 118/307
<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>
<br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and
<br />severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor
<br />within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and
<br />Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such
<br />bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted
<br />in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract
<br />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 'bits and such larger amount.
<br />for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this
<br />obligation shall be null and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of
<br />an agreement between the Owncr and Contractor to extend the titne in which the Owner may accept the bid. Waiver of
<br />notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for
<br />acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for
<br />an extension beyond sixty (60) days.
<br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the tern Contractor in this Bond shall
<br />be deemed to be Subcontractor and the tern 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,
<br />any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and
<br />provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so
<br />furnished, the intent is that this Bond shall be construed as a statutory bond and not as a common law bond.
<br />Signed and sealed this 9th day of
<br />November 2018
<br />_....... ................ & R Excavating, Inc.
<br />(Princie... (Seal)
<br />.._...
<br />" al
<br />(Title) Williax�t Loud'tx, Presi ent
<br />Merchants Bonlmg Company 4utual)
<br />(Surety) (Seal)
<br />(Title` t nlfr L. tea rtlia, A.tto in Fact _......._
<br />CAUlI11�iOIIY. You shoulld sign an orIgimnal AJIA Contract IGrocumnneunt, on icllx tln'ls text aplP7tears Ginn RED. I�. Ainoirlgluxal assuuir°es that
<br />charmges wlHII not The olb scured.
<br />ocument A310111— 010, Copyrwght 1963, 1970 . by The Asv edcan Institute of Architects, AU rights reserved. R . „L
<br />Init. ArA ty end 010 p served. yrd'Aftttgflan rinGs AntA"
<br />urorectdrl by U.S. r"opor,auanreerll s P mca ht Law and Infeunatronall 't'yeatres. Unauthorized reproductIoun oar afhs rIbuuftrw of trrlfs MAC' IDoc�uu�eirnt, or
<br />�yrUg
<br />any rrorttoun of It, May .» uurt lion severe cIIAt and crllr nrunall peunallhles„ and wUP be prosecuted to the maallunnuuru esteunt possihie umnder tine mane.
<br />T Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Contract Documents, e-mail
<br />The American Institute of Architects' legal counsel, copyright@aia.org. 061110
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