Opening of Bids - Kizer Mansion Window Repair Project No 119-024 - JW Werntz & Son Inc

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Bond No.: Bid Bond ocru sent A31OTM - 2010 Conforms with The American Institute of Architects AIA Document 310 CONTRACTOR: /,'1`rrrrre, legrrl.5•t(rltrti and L(Lldr'c-ti.5y J. W. Werntz & Son, Inc. 1002 Kerr St. South Bend, IN 46601 OWNER: (Nanic, legal stasis and address) City Of South Bend, Indiana, Board of Public Works 227 W Jefferson Blvd South Bend, IN 46601 SURETY: (Y(mm, legal status and principal place L f brevines,5) The Ohio Casualty Insurance Company 175 Berkeley Street Boston, MA 02116 Mailing Address for Notices BOND AMOUNT: $ 5% Five Percent of Amount Bid PROJECT: (Xanre, location or address and Project number, if ai i) Kizer Mansion Window Repair -Window Renovation This document has important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which tlic Contractor and Surety bind thcniselves, their licirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond arc such that if the Owner accepts the bid of the Contractor within the time specified in the bid documents, or within such tinic period as may be agreed to by the Owner and Contractor, and llic Contractor either (1) enters into a contract with the Owner in accordance with the ternis of such bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted in the jurisdiction of the 11roiect and otherwise acceptable to the Owncr, for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof or (2) pays to the Owner the difference, not to exceed the amount of this Bond, between the aniount specified in said bid and such larger aniount for which the Owner may in good faith contract with another party to perliirni the work covered by said bid, then this obligation ~hall be null and void, otherwise to remain in I'ull liirce and ell'ect. The Surely hereby waives any notice ol'an agreement between the Owner and Contractor to extend the time in which file Owner may accept the bid. Waiver ofnolice by the Surely shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for acceptance ul'hids specilied in the bid documents; and the Owner and Contractor shall obtain tiie Surety's consent I'm an extension beyond sixty (60) days. If this Bond is issued ill connection with a subcontractor's bid ton Contractor, the terni Contractor in this Bond shall be dccmcd to be Subcontractor and the tern Owner shall be dccmcd to be Contractor. When this Bond has been lbrilished to comply with a slalulory or other legal requirement in the location ol'the project, any provision in this Bond conflicting with said slat utory or legal requirement shall be deemed deleted herelrom and provisions conlbnning to such statutory or other legal requirement sliall be deemed incorporated herein. When so lunlished, the intent is that this Bond shall be construed US a statutory bond and not as a common la%v bond. Signed and scaled this 10th day. of September, 2019 (11"ltrrciss) J. W WerntA & Son, Inc. (Principal) (Seal) (Ti11e) 00X--A ,C IC' /. The o asualty Insurance Company ��i�s�NSO1 °' 1919 a (iI Nrres.5) ( "ll a) r c1 ofe AtI01'Ney-In- act S-00541AS 8110