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Document A31 OTM - 2010
<br />Conforms vrtith The American Institute of Architects AIA Document 310
<br />Bid Bond
<br />CONTRACTOR:
<br />(,'v'rrnie, legrrl.rkrrtrx rurd rrddi•evtiy
<br />Ferguson Enterprises, LLC dba Ferguson Waterworks
<br />1077 Oliver Plow Court
<br />South Bend, IN 46601
<br />OWNER:
<br />(Name,1gga/ slarus and adda•ess)
<br />SURETY:
<br />(Marne, rr"lex)t
<br />Westchester Fire Insurance Company
<br />436 Walnut Street, P. O. Box 1000
<br />Philadelphia, PA 19106
<br />Mailing Address for Notices
<br />436 Walnut Street
<br />Philadelphia, Pennsylvania 19106
<br />City of South Bend
<br />1316 County -City Building, 227 West Jefferson Boulevard
<br />South Bend, IN 46601
<br />BOND AMOUNT: 10% Ten Percent of Amount Bid
<br />PROJECT:
<br />(Naine, )ocatlonoraddress mrdilrojecoutniber, lfail0
<br />Ductile Iron Pipes, Valves and Hydrants
<br />This document has important
<br />legal consequences, Consultation
<br />with an attorney is encouraged
<br />with respect to its completion or
<br />modification.
<br />Any singular reference to
<br />Contractor, Surety, Owner or
<br />other party shall be considered
<br />plural where applicable,
<br />The Contractor and Surety are bound to the Owner in tiro uniount sot forth above„ for the mynictit ofwiiich ttic eoaitractror aatd Sitrcty biiid
<br />tlra ritsctw°os« [[seer tra:irs, cxooiatars, ndminisirators, siicoossors and assi its joiaitly+arid sow'c-rally; as prow'idcd herein. Tho coirditioais of this
<br />Ilond are such [lint if the Owner accepts the bid of the Contractor within the linic specified ill the biddocunients, or, wwithin such tinte period
<br />as may W ararced to by ilia Owner and Contractor, and the Contractor either (1) enters into a contract v%ith the 01%vi er in accordance with
<br />the ternis of simb bid, andgives such bond or bonds as may be specified hi the bidding or Contract Docunicuts, with a surety admitted in
<br />the jurisdiction of tile liroject and otlicrwvise acceptable to the Owwater, for the fbilliful perforlun ice ofsoch Contract and for the prompt
<br />payment of labor and material furnished ill the prosecution thereof, or pays to tlio Owner the diticrence, not to exceed the Amount of
<br />thisBond, Wwcen the amount specifW in said bid and such lar cr amount for which the Owncr aiav iit good faith eontraot wvitli another
<br />porgy to lae 11mi�t the work covered by suid bid, Il[eii this obligation Nhull he cull and void otherwise taw reivaiin in full fierce acid ellco,'G"li ac
<br />Surcty hereby %vaivew ally notice gran agrcesncnl Ix tww`eeu Ific Owner and Contractor to extend tiie Banc in which the Owynar may aeceiml the
<br />bid, waivoroi,noticc by the'surcty shall not up ply+'tt) ally extension exceeding sixty (60) days in lire �a��r ,eta beyond the flow Iiir
<br />ucesetwkrarrasw ol'bids speeidcd in tlac bid dtacuments, and the Owwncr urrd Conlraclor shull oNuisi the ftiraii tMetision beyond
<br />sixiv (CIO) days.
<br />If this Bond is isstied in connection with a Sabconlraetoes bid to a Contractor, the term Contraetorin this Bond shall be dcome�d tj,§jrrdr�,�
<br />Subcontmetor and file term Owner shall be dccnied to be Contractor. �4itr,
<br />s
<br />When [lies 13ond hags been fianrishcd taw esiiiipty wvit'Ir a slratutarry° air rillwer lepgul rcriu`rrw riicrit in the locutinat of'the projuct„
<br />�p.� r *irri t ltr� «ry?«wtq?� "!�,1
<br />�
<br />this Bond cmillictiars atiilli:raid statutory or legal reyuir+eniuni ;shall be decilied dcictcd hcrermn[ and pro twain s cxrrai reipwr+Yl * ry
<br />atalntar ° or ai[tii r It: reapuiraauent shall be dcasn ed incorporated herein. Alien so fianwishud, the: intent is that this'graw4
<br />as a siatutory° bond and not as u e�o pinion lawbaronet, - �i°�; � • t"- "'
<br />Signed and scaled this 14th day of May, 2019.
<br />Ferguson Enterprises, LLC dba Ferguson f+w,Patraaaorif
<br />(PltitrciPal) (M1 "ara r � rvvrvv+t
<br />(fl trlsa.*s:t1 MI;Y c.�e�,es 5ww„ d2til
<br />By,
<br />S-0054/AS 8/10
<br />
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