Opening of Bids - Ductile Iron Pipes Valves and Hydrants Project No 119-037 - Core and Main LP

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Surety O + 9o8.903.3485 2o2B Halls Mill Road PO Box 1650 F + 908.903.3656 Whitehouse Station, NJ o8889-165o Federal Insurance Company Bid Bond Bond No. Amount $ 10% of Amount Bid Know All Men By These Presents, That we, CORE & MAIN LP 731 W. Ireland Road, South Bend, IN 46680 (hereinafter called the Principal), as Principal, and FEDERAL INSURANCE COMPANY, a corporation duly organized under the laws of the State of Indiana, (hereinafter called the Surety), as Surety, are held and firmly bound unto CITY OF SOUTH BEND, INDIANA 227 West Jefferson Boulevard, South Bend, IN 46601 (hereinafter called the Obligee), in the sum of Ten percent of amount bid. Dollars ($ 10 % of Amount Bid ), for the payment of which we, the said Principal and said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. Sealed with our seals and dated this 30th WHEREAS, the Principal has submitted a bid, dated May 14, 2019 for Ductile Iron Pipes, Valves and Hydrants - Project No. 119-034 day of April, 2019 NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Obligee shall accept the bid of the Principal and the Principal shall enter into a contract with the Obligee in accordance with such bid and give bond with good and sufficient surety for the faithful performance of such contract, or in the event of the failure of the Principal to enter into such contract and give such bond, if the Principal shall pay to the Obligee the difference, not to exceed the penalty hereof, between the amount specified in said bid and the amount for which the Obligee may legally contract with another party to perform the work covered by said bid, if the latter amount be in excess of the former, then this obligation shall be null and void, otherwise to remain in full force and effect. CORE & MAIN LP Principal By � Fra s Rodriguez, Attorney -In -Fact Federal Insl1 snce Company By; .f.(."lam+,. Cy is Farrell, Attorney In Fact Chubb. Insured.' Form 15-o2-0002-FED (Rev„ 4/17)