Opening of Bids - Liberty Tower Exterior Renovations Project No 118-086R - Slatile Roofing and Sheet Metal Co Inc

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BID OR PROPOSAL BOND KNOW ALL MEN BY THESE PRESENTS, That we, Slatile Roofing and Sheet Metal, Inc. of 1703 S. Ironwood Dr. #A South Bend, IN 46613 (hereinafter called the Principal) as Principal, and PHILADELPHIA INDEMNITY INSURANCE COMPANY, with its principal office at One Bala Plaza, Suite 100 in the City of Bala Cynwyd, Pennsylvania (hereinafter called the Surety), as Surety, are held and firmly bound unto City of South Bend, Indiana Dept. of Public Works of 227 West Jefferson Blvd. Room 1316 South Bend, IN 46601 (hereinafter called the Obligee) in the penal sum of Five Percent of the Total Amount Bid ........ Dollars$ ° 5/o ___ .,.......,, _.e lawful money oft_ he 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 January 22, 2019 for Liberty Tower Exterior Renovations, Project No. 118-086R 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, sealed and dated: January 18, 2019 Slatile Roofing and Sheet Metal, Inc. (Principal) .� . By: � PHILADELPHIA INDEMNITY INSURANCE COMPANY By'�,, ....., ttor David K. Mahler ltey-'n I etc° S-137-Rev„