Opening of Bids - 2019 Street and Sewer Dept Materials Project No 119-008- Klink Trucking Inc

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Fidelity and Deposit Company of Maryland U Home Office: P.O. Box 1227, Baltimore, MD 21203-1227 Y4 KNOW ALL MEN BY THESE PRESENTS: That we, Klink Trucking, Inc., P.O. Box 428 Ashley, IN 46705, as Principal, (hereinafter called the "Principal"), and the FIDFUTY AND DEPOSIT COMPANY OF MARYLAND, of Baltimore, Maryland, a corporation duly organized under the laws "of the State of Maryland, as Surety, (hereinafter called the "Surety"), are held and firmly bound 1111to City of South Bend, Indiana, South Bend, Indiana as Obligee, (hereinafter called the "Obligee"), in the sung of 10%) of Maximum bid amount Dollars ($10"Yo of maximum bid amount), fbr the payment of which sum well and truly to be made, the said Principal and the said Surety, bind OLU'SCIves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has submitted a bid for Supply Aggregate. NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal, shall enter into a contract with the Obligee in accordance with the terms of such bid and give such bond or bonds as may be specified in the bidding or contract documents with good and sufficient surety for the faitliftil performance of such contract and for the prompt payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the principal to enter into such contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof" between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect. Signed and sealed this 26th day of March A.D. 2019. Klink Trucking, Inc. SEAL Principal Witness By Wayn`cKlink, President, Title FIDELITY AND DEPOSIT ('OMPANY OF MARYLAND Surety $ By Renada Kelley, Attomcy-in`�Fact C325-150M, Approved by The American Institute of Architects, A.I.A. Document No. A-3 10 February 1970 Edition.