Opening of Bids - 2019 Community Crossings Project No 119-015 - Rieth-Riley Construction

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No. 1107 BID BOND KNOW ALL MEN BY THESE PRESENTS, TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA Hartford, Connecticut 06183 That we, as Principal, hereinafter called the Principal, and TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, of Hartford, Connecticut, a corporation dLdy organized under the laws of the State of Connecticut, as Surety, hereinafter called the Surety, are held and firmly bound unto Cit of South Pere+ lniana as Obligee, hereinafter called the Obligee, in the sum of i errant o total bid Dollars Surety,uly to bind ourselves, our heirs,rexe executors, u ce sorsr and ass assigns, jointly and severally, e, the said Principal and the said 5% of bid the firmly by these presents. WHEREAS, the Principal has submitted a bid for 2019 Community Crossings Project No. 119-015 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 faithful performance of such, or in the event of the failure of the Principal to enter 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 28th day of May Wi l ess Dawn . Armstrong e, "Ile" 110, � Witness Aaron Griffin 2019 RIETH-RILEY CONSTRUCTION CO,„ INC, (Principal) (Seal) �swrie& Title) ... g Jo fiu, -A-." -'McCormick, Sales Manager TRAVELERS CASUALTY AND INSURANCE COMPANY y Sandra M. Nowak, Attorne In -Fact