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Init. <br />_*AIA Document A31 -20,10 <br />Bid Bond <br />CONTRACTOR: SURETY: <br />(Name, legal status and address) (Name, legal status and principal place <br />of business) <br />HRP Construction Inc. <br />PO Box 266 Fidelity and Deposit Company of Maryland <br />This document has important legal <br />South Bend, IN 46624-0266 Baltimore, MD <br />consequences. Consultation with <br />OWNER: <br />an attorney is encouraged with <br />(Name, legal status and address) <br />respect to its completion or <br />City of South Bend Board of Public Works <br />modification. <br />County -City Building Room 1316, 227 West Jefferson Blvd <br />Any singular reference to <br />South Bend, IN 46601 <br />Contractor, Surety, Owner or <br />BOND AMOUNT: <br />other party shall be considered <br />Five Percent of the Total Bid ( 5% of Total Bid ) <br />plural where applicable. <br />PROJECT: <br />(Name, location or address, and Project number, if any) <br />McKinley Avenue and Fremont Park Improvements; Project No. 118-072; Division B <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 andotherwise 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 bid 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 andvoid, otherwise to remain in full force and effect. The Surety hereby waives any notice of <br />an agreement between the Owner and Contractor to extend the time 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 term Contractor in this Bond shall <br />be deemed 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, <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. W]aen so <br />fumished, 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 30th day of November 2018 <br />l 1" 4 gltr cxc <br />Parnc° <br />(Seal) <br />Witness Na cy K Rt, Sec T .. ......... „ ( ) ( <br />. f+l aCain,____.. „_. �_ _ - ._____....... �...... ........ <br />Fidelitya s <br />and ardent (Title) tthew D <br />Deposit Company of Maryland <br />��.. ............ (Surety) (Seal) <br />(Title), etrnifer 1 I nM�Vitioyjlley in Fact <br />CAO'rlO s your should sigh an original AIA Contract Doirument, on vkbch this text appears In RED. Art owrighiai assures ttlat <br />clllraurmiges wiiilit not. IIlbe ollbsc mired. <br />- ..............-- <br />AIA Document A310 2010, Co py g ... <br />rI 1tt 019,63, 1970 and 2010 is The American Institute of Architects, All rights reserved. VVArR altirl. flrle A1,Aie <br />Doca mmae n�t is, IIAuro1imled Iby U.S, C a 1py lglhot Law mind inteurmmetlionalB rrea4ues. Unauthorized zed urelpiroduuctIon or distrtbu t n oil ttiW AJAO Docummit, or <br />any poir1on of it, may iremmllt Ili n ,seve,m°e clwrlll aaurud crlunuminalll penaKlIes, and will true tmrausecmuted to thie mrrass,ihnr uiri extent, Iposslilhlle amndeir thm, law. <br />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 <br />