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Conforms with The American Institute of Architects AIA Document 310 <br />Bid Bond <br />CONTRACTOR: SURETY: <br />(Name, legal slalus and address) (Name, legal slalus and pHim1pul phice r jbraviness) <br />The Guarantee Company of North America USA <br />Byers D.C. Detroit, Inc. DBA D.C. Byers Company/Detroit, Inc., One Towne Square, Suite 1470 <br />Southfield, MI 48076 This document has Important <br />5715 Rivard St. legal consequences. Consultation <br />Detroit, MI 48211 Mailing Address for Notices with an attorney Is encouraged <br />with respect to Its completion or <br />OWNER: modification. <br />(Namo, legal s►alasand add)•stsr) Any singular rererenee to <br />City of South Bend <br />Contractor, Surety, Owner or <br />227 West Jefferson Blvd other party shall be considered <br />plural where applicable. <br />South Bend, IN 46601 <br />BOND AMOUNT: 5% Five Percent of Amount Bid <br />PROJECT: <br />(,Vame, location or address and Project number, If ant) <br />Main & Colfax Parking Structure Repairs <br />The Conlraclor acid Surely are bottad to the Owner ill the ntiloallt salforth above, for the paynicits of wwbich ilia Contractor and Sarcty bind <br />lllatnsolvcs. their licirs, excemors, administrators, sticcessors and assigns, jointly and severally, as provided herein. Tito conditions of this <br />Bond aresuch flint if Ilic Owner accepts ilia bid of ilia Contractor wwilhin the lithe s jxci5cd in ilia bid doctnncnts, or within such tinic period <br />as may be agreed to by ilia Cwvncr and Contractor, and tiro Contractor either (f) enters into a contract with flic Owner it) accordriace wvith <br />the tentisofSuch bid, and gives such bond or beads as may be specified in the biddhog orCotilract Doctrnicats, with a Surety admitted in <br />Ilic jutisd'iciioii of"ilia lliojmt and olhcrwvisc acceptable to the Owner, for ilto thilliful performance of such Contract and for ilia protn,pt <br />piayincitl of labor and inaterial furnished iit the prosecution thoraot„ or () pays to ilia Owiter the difibrence, not to exceed the ntllovaat of <br />this .bond, bctween ilia arnonat specified in said bid and such larger amount for which the Owwlior may ill good faith contract twitlr another <br />iaarly to perliarrii (tic work c�owcred by said hid, then this obligation shall he null and vtrid„ othcrwvisc its retliain in I'iall tierce and 0141.111u <br />Surety hereby avuives ally notice sat"un agreement botwvuun the Owvaier and Contractor tan extend the belie ill which ilao Owner inay uecupit t'ho <br />bid, Waiver ol'nulic c by the Surciy shall no$ apply to tniy exteolsioll cxeeeding ximy (60) days; in the uggregute beyond ilia lime fear <br />ucceptuiicc sit' bids spuuilied in the bid doeuilmots, and thu Owner and Conlnaalor shall obluin the Surety's comont for an ens wision bay(old <br />.Sixty (60) days. <br />If this Bond is issued in connection with n subcontractor's bid ton Contractor, ilia Conn Contractor in this Bond shall bo dccmcd to be <br />Subconlractor and ilia lain Owner shall be dccmcd to be Contractor. <br />When this Ilond has been lismished to comply wilh u statutory or other lugul ruquirenient in Iles: ltocafinir of the project,'any Provision in <br />lbis Bond conflicting Avilli wid statutory or lcgul requirement shall bu deemed deleted licrelrom and provisions cotitirnning It) Stich <br />xluluto1"y or other legal requirement shall Ix: deemed incorpuraled harrin, Whun so liann.sItud, Ilre intent is that this BMW :1101 be catnstrued <br />ati u stalutagy bond and not as a common luw bond. <br />Signed and scaled this 11 th ay. of December, 2018, <br />Byers D.C. Detrout, Inc. DBA D.C" Byers CompanylDetroit, Inc. <br />(Princilral w Oml/) <br />By: <br />�watrs <br />The Guarantee Company of North America USw <br />` % <br />s <br />By. of @` 1 ��� o,�r <br />(7"ll�ler94Iano true-y-F -act isAMt <br />S•00541AS 8110 <br />